@Skhool Account def check this video out. Before the end of the year if you take a snapshot of your account and all assets you can establish that as your baseline cost basis. https://youtu.be/AlX37iJdyy8

@Skhool Account from what I have researched the loan of usdl has no tax on that amount of money, and a taxable event requires a purchase then a sell and the difference from your cost basis (what you bought it for). Because the PLS is being liquidated or sold it would be considered a loss. Also airdrops are taxable as well :( that would be amazing if the rumors that Trump will remove capital gains taxes on Crypto is true!

I think it largely depends on your starting position, the size of your investment, and your confidence in the fundamentals. If you’re starting with a smaller position, allocating a large percentage to a liquidity pool (LP) can be risky compared to holding for long-term gains, so initially, the focus might be more on accumulation. Once you’ve built a position and feel comfortable setting aside a small portion for LP—understanding there’s a risk of loss—you can determine the percentage based on your risk tolerance. Running scenarios with different percentages can help you gauge if your long-term position remains comfortable for you. My goal along the way would be to eventually withdraw my initial investment, so I’m operating solely on profits and yield. At that point, I can adjust percentages based on my needs, using the yield to increase both my long-term holdings and LP position. Since market conditions are always changing, there’s no single perfect percentage, and adjustments will likely be necessary over time.