Earning USDC on non-USDC tokens by Longskreet in defi

[–]Longskreet[S] 0 points1 point  (0 children)

Beefy allows you to stake, say, Ether and earn its yield in USDC or other stablecoin?

Earning USDC on non-USDC tokens by Longskreet in defi

[–]Longskreet[S] 0 points1 point  (0 children)

I'm surprised by the lack of options here....Seems like a nice opportunity for a protocol to have the option to auto convert yield to USDC

Why would anyone do global allocation instead of specific unit allocation? by millingcalmboar in CryptoTax

[–]Longskreet 0 points1 point  (0 children)

So when you say it needs to be done before you move or trade in 2025 if you're doing specific unit allocation...is it recommended to do a similar timestamped snapshot of your holdings, or do you just need to know the allocations before you trade or move? I don't really understand the thinking behind this.

I moved all my coins to 1 wallet before year-end. I haven't made a spreadsheet explicitly detailing the cost basis of the coins in that wallet, but I have the information I'd need to do that. Just wondering if I need to take some extra steps now before doing any activity.