质押奖励
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Kernel Dao redemption asBNB full process guide
The first step is to redeem asBNB on Kernel Dao
Step 2: Go to the Astherus official website to redeem slisBNB
Step 3: Redeem slisBNB for BNB on Lista DAO
Then just wait patiently for 8 days!
To be honest, this series of operations was quite troublesome. I spent a lot of time and took a lot of detours. In the end, when I looked at the returns, it was really not cost-effective. I invested 0.5BNB and it took nearly a month, but I only got 0.5014BNB back.
Just treat it as a practice, the experience is what matters.
#kernel #asBNB #slisbnb #质押 #质押奖励
$BNB
Step 2: Go to the Astherus official website to redeem slisBNB
Step 3: Redeem slisBNB for BNB on Lista DAO
Then just wait patiently for 8 days!
To be honest, this series of operations was quite troublesome. I spent a lot of time and took a lot of detours. In the end, when I looked at the returns, it was really not cost-effective. I invested 0.5BNB and it took nearly a month, but I only got 0.5014BNB back.
Just treat it as a practice, the experience is what matters.
#kernel #asBNB #slisbnb #质押 #质押奖励
$BNB
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🤔 IRS: Rewards generated from cryptocurrency staking should be taxed at market value
The IRS recently clarified that rewards generated from cryptocurrency staking need to be taxed once received. This means that every token earned through staking counts as income and must be taxed at market value.
Imagine that when you lock your cryptocurrency in a network to assist in its normal operation, you subsequently receive some staking rewards. The IRS believes that these rewards do not represent a new category of property and therefore cannot wait until they are sold or exchanged to pay taxes.
This position is related to a legal dispute involving a couple, Joshua and Jessica Jarrett. They staked on the Tezos network and argued that their staking rewards should not be taxed until they are sold or exchanged, similar to a farmer's crops or a writer's books. However, the IRS holds the opposite view, asserting that once these staking rewards are received, they constitute taxable income and must be taxed.
If you are new to cryptocurrency staking, it essentially involves locking your currency in the blockchain network to help validate transactions, after which you can receive some returns. This is typically related to Proof of Stake (PoS), which allows you to earn some passive income through the staked assets you hold, similar to interest in a bank.
The IRS stated in its 2023 guidance that block rewards (including those obtained through staking) should be counted as income when they are generated. Therefore, when you earn token rewards, you need to track their value as this affects how much tax you will owe.
In 2021, the Jarretts sued the IRS over the taxation of the 8,876 XTZ tokens they received in 2019, but the court dismissed the case on the grounds that the IRS had already issued a refund. In 2024, they filed another lawsuit seeking a refund of additional taxes, which is currently under consideration.
Previously, an individual was sentenced to two years in prison for failing to report capital gains from cryptocurrency sales between 2017 and 2019.
💬 What do you think about the IRS's new stance on cryptocurrency staking? What do you believe this means for cryptocurrency investors?
#IRS #加密货币税收 #质押奖励 #法律纠纷
The IRS recently clarified that rewards generated from cryptocurrency staking need to be taxed once received. This means that every token earned through staking counts as income and must be taxed at market value.
Imagine that when you lock your cryptocurrency in a network to assist in its normal operation, you subsequently receive some staking rewards. The IRS believes that these rewards do not represent a new category of property and therefore cannot wait until they are sold or exchanged to pay taxes.
This position is related to a legal dispute involving a couple, Joshua and Jessica Jarrett. They staked on the Tezos network and argued that their staking rewards should not be taxed until they are sold or exchanged, similar to a farmer's crops or a writer's books. However, the IRS holds the opposite view, asserting that once these staking rewards are received, they constitute taxable income and must be taxed.
If you are new to cryptocurrency staking, it essentially involves locking your currency in the blockchain network to help validate transactions, after which you can receive some returns. This is typically related to Proof of Stake (PoS), which allows you to earn some passive income through the staked assets you hold, similar to interest in a bank.
The IRS stated in its 2023 guidance that block rewards (including those obtained through staking) should be counted as income when they are generated. Therefore, when you earn token rewards, you need to track their value as this affects how much tax you will owe.
In 2021, the Jarretts sued the IRS over the taxation of the 8,876 XTZ tokens they received in 2019, but the court dismissed the case on the grounds that the IRS had already issued a refund. In 2024, they filed another lawsuit seeking a refund of additional taxes, which is currently under consideration.
Previously, an individual was sentenced to two years in prison for failing to report capital gains from cryptocurrency sales between 2017 and 2019.
💬 What do you think about the IRS's new stance on cryptocurrency staking? What do you believe this means for cryptocurrency investors?
#IRS #加密货币税收 #质押奖励 #法律纠纷
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$PEPE I lost nearly half of my Pepe, but was saved by Binance! It gave me more than 9,300 Pepe in 4 days!
#质押奖励
$SOL $PEPE These two things that made me lose the most, one was 240, and the other was 0.0000151. I was reluctant to sell them, so I pledged them and managed them!
Sure enough, the strong do not complain about the environment.
If you don’t know enough, get information to make up for it!
Brothers, if you don’t want to sell SOL, use it to pledge Binance, and then you can get two-way benefits from Pepe and SOL.
A little bit of money is better than nothing!
Go to participate in the 6.06% financial management with the rewarded Pepe!
Compound interest rolls up!
Maybe it will become positive someday.
#质押奖励
$SOL $PEPE These two things that made me lose the most, one was 240, and the other was 0.0000151. I was reluctant to sell them, so I pledged them and managed them!
Sure enough, the strong do not complain about the environment.
If you don’t know enough, get information to make up for it!
Brothers, if you don’t want to sell SOL, use it to pledge Binance, and then you can get two-way benefits from Pepe and SOL.
A little bit of money is better than nothing!
Go to participate in the 6.06% financial management with the rewarded Pepe!
Compound interest rolls up!
Maybe it will become positive someday.
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These two projects' staking is really a pitfall, one has been staked for almost 2 months with no returns, and one requires 180 days to unlock the staking, it's ridiculous. #kerneldao #质押奖励 #KiloEx
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