On a Gaming Defi protocol I earned tokens through a liquidity pool before they were able to be traded and therefore had any market value. I think I need to do something to treat these as income (US taxpayer) but not sure what to do.
When able to be traded, there was usually a lot of volume on the first few days. If there is no clear guidance here, what do you think about using the price at the close of the first day for all tokens acquired prior to that day?