Yield Farming in DeFi Is Fun, but Don’t Forget About Uncle Sam | Crypto Briefing

Key Takeaways

  • Yield farming provides attractive returns, but the process of earning them can be complex.
  • Frequent and multi-step transactions may generate a substantial number of taxable events, which are difficult to track manually.
  • Third-party tools can help to reduce the time and effort when compiling tax reports.

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