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Vinay Vasanji
@vinayvasanji.eth
Interesting product without the taxable event issue you get with Base/Morpho BTC loans https://www.lava.xyz/
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will
@w
why does morpho trigger a taxable event? and, assuming it does ig, how does lava avoid that?
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Vinay Vasanji
@vinayvasanji.eth
Morpho involves wrapping BTC to wBTC which is likely taxable, wBTC to USDC loan is not taxable https://warpcast.com/vinayvasanji.eth/0xd07dc703 Lex does it as an atomic swap, which means it's a single transaction of BTC to USDC loan, therefore not taxable
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