Describe the problem:
Need correct HEX staking reporting support on the platform
Which exchange/wallet is this regarding?
MetaMask with the HEX Smart Contract
How did you import data into this wallet?
Public Address
What have you tried to fix this so far?
No Official support
Koinly Support,
There is a large demand for HEX official and correct reporting on your platform. Do you have any plans in the near future to correctly mark the “burns” and “mints” from the HEX Smart Contract? The Smart Contract is hard coded so it never changes which means you only have to figure it out once.
Long story short, HEX when staked “burns” the tokens in circulation, you don’t necessarily realize a loss/gain and you no longer have access to these tokens until the stake ends. When the stake ends, you get your initial principal back + the inflation of the HEX token and it “mints” these tokens. Marking as “sent to pool” is highly inaccurate and throws out the average cost of any HEX purchased after staking.
Thank you,
