Do Smart Contracts trigger a taxable event in crypto? 🖥️

One of our users submitted a great complex tax question about DeFi, and Paddy from @CryptoTaxHQ gave us a great answer.

"Is sending or depositing assets to a smart contract / dapp, considered a disposal? If the smart contract returns “claim” tokens back to the depositor, are they acquired? How is claiming tokens back categorised? What are the rules for this subject?"

Watch now to find out!