Hi all, loving he product, just a bit confused around the correct way to keep the auto compounding projects up to date for Tax reporting, in my case im in the UK.
i dont think there is anyway or maybe no need to report on each and every rebase and some of these projects rebase every 20 mins so thousands of transactions,
do i only need to report on the transactions that hit my wallet?
from a tax perspective i believe its classed as capital gains on the additional assets received (more coins) and income tax on the additional value of the coin (hopefully the value has gone up).
recently the contracts for some of these projects have changed to their V2 which included a replacement coin to be released, do i just mark this as an exchange from old to new?
apologies for the long question