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by samgnesin
3052 days ago
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This is awesome! We built a version of this and had a similar idea, but props to you guys for figuring this out!! We got stuck on how to handle sends and receives as we would need manual input to understand cost basis. Something for my specific case: - looks like you consider receives as a 1:1 cost basis. I haven’t taken a look at how your calculations work for taxes, but in my case, my cost basis is incorrect due to your assumption that it was a market-equilibrium cost. Also, I recommend you guys consider creating feaux-wallets for payment methods (I.e bank accounts, credit cards etc). That gave me 100% accuracy for my net gain calculation. Happy to chat if this doesn’t make sense or you’re curious!! Good luck on the project. Will be monitoring you guys. |
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