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The general principles outlined in based on the market value of the tokens at the implications of various DeFi and.

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DeFi Crypto Tax Guide: Yield Farming, Lending, Liquidity Pools, and More � This act is likely not taxable. � This act is taxable. � These are taxable � We see. Crypto-to-crypto trades are taxable according to the IRS (A15). Additionally, crypto tokens are not fungible like fiat. When Bruce receives his collateral back. From yield farming to staking and liquidity mining - DeFi, or decentralized finance, is a financial gamechanger. But just what is DeFi and how is it taxed?

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Follow us. Even though they sound alike, yield farming differs from staking. Bodman is the president, founder and managing director of the digital asset and technology investment firm Open Source Ventures, and lecturer in economics and finance at the Anderson College of Business and Computing of Regis University.

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