Solana staking support
planned
U
Unwilling Canid
Please add staking support! Solana is not a small project and is going to continue to grow so support for staking is important to users as you can see.
C
Comfortable Swordtail
So it seems laws vary between jurisdictions for when staking rewards are considered income (either by the epoch or upon withdrawing stake).
Worth mentioning that this has huge tax implications—particularly for long-term stakers:
e.g. staking for 3 years and withdrawing (in the current implementation) would equal zero income tax in years 1-2, and then 3 years of staking reward income in year 3 after unstaking.
I hope Koinly supports both systems soon.
W
White Crow
Is still a thing ? as I couldn't see any tags for this.. as soon as I unstaked and sent/withdraw back to another wallet address MY COINS were showing as doubled the original staked amount but with a little more as coins now included the rewards now.. - Is there a simple way to mark these without editing the CSV before the import, giving a a massive thumping headache now :-0
C
Comfortable Swordtail
White Crow This article will help: https://support.koinly.io/hc/en-us/articles/9918190427548-Staking-and-farming-tokens
L
Lavender Mammal
just put "sent to pool" you clowns
D
Delicious Gazelle
Lavender Mammal it’s the staking REWARDS that are not showing up
C
Comfortable Swordtail
Delicious Gazelle This article explains how to account for this: https://support.koinly.io/hc/en-us/articles/9918190427548-Staking-and-farming-tokens
D
Distinguished Yak
Hi Koinly community, do you have any idea when will this be included, I'm just worried for my tax report this year as I'm staking SOL and it does not show. So I hope next year this time I'd be able to do my taxes properly. Thank you so much.
Sincerely yours,
Distinguished Yak :)
D
Distinguished Yak
what the heck is (Distinguished Yak) :D
S
Static Mongoose
Distinguished Yak haha, all usernames are now anonymous..safety feature 😁
D
Distinguished Yak
Please include that as well
This post was marked as
planned
B
Beige Whitefish
Solana API support is lacking in Koinly. I have to use Stake.Tax to generate CSV to import the staking rewards. This should be picked up by the API within Koinly.
I
Ideological Dolphin
Agreed, delegation fees and rewards being visible in Koinly would be great. Quote from the Koinly FAQ:
"How to handle reward payments that are received from the pool along with initial investment?
This is slightly more involved let's say you sent 10 ETH into a pool and received 10.5 ETH back from the pool. If you were to mark the first transaction as Sent to Pool and second one as Received from Pool then you would see a missing purchase history error for the 0.50 ETH. You can resolve this by creating a manual Reward transaction in the Pool wallet right before the "received from pool" txn. We are working on making this easier to handle."
Last sentence get my vote :) Also rewards for each individual epoch and delegation fees are visible on SOL blockchain explorers, so hopefully can be exposed to Koinly too.
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