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✳️ dcposch
@dcposch.eth
Guys, accounting is unsolved even for basic stablecoin txs. An ironic and odd situation. Tradfi runs on myriad fugly FTP formats, yet the one fully transparent, precisely defined ledger is actually... somehow much harder to do accounting for. I've tried all major options including Integral. Who is fixing this?
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✳️ dcposch
@dcposch.eth
All existing options are built by offchain natives resulting in completeness and soundness issues: - Use txhash as primary key for an accounting tx. Totally broken for AA where you can have unrelated transfers under a single txhash. - Missing ETH transfers (they don't emit logs). - Basic coding errors
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Dan Romero
@dwr.eth
@duca
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will
@w
you’re not gonna believe this but,, :) we’re not at subledger status yet with cost basis by lot etc but we have a very basic export to csv mvp we’re going to iterate from
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Rachael 😘
@vyunruly
it’s wild you’d think on-chain would make things easier but the mess lives in the metadata
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jihad ↑
@jihad
@w @matthew 👀
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Tim Robinson
@timjrobinson
Crypto tax calculator works great for me, and I do a lot of random shit on a lot of chains. Used to take a while to sort my taxes but after about 20+ support tickets over the last 3 years whenever I have an issue their product has gotten real nice.
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niftytime
@niftytime.eth
def @duca
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Jack Chong
@jackchong
This is a good question. Most major wallets like fireblocks dfns utila & accounting tools abstract away these complexities
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