Token Reflections
B
Blue Parakeet
It would be nice for the app to be able to auto create entries for token reflections with market value included. Reflectionary tokens often distribute reflections in real-time based on a percentage of their smart contract. Thus making this basically impossible to keep up manually. Since the IRS will want to count this has income we need a way to account for it in Koinly. Thanks!
Status
Reflections (and often "token taxes") are not reported as transactions on the blockchain - that's why Koinly cannot import them automatically (it's only a state change on the smart contract). While we are looking into ways of importing this automatically, for now, it requires manual adjustments.
Jack
Merged in a post:
Import Issues for Large supply Rebase coins
Arty
Track balance rebase for Safemoon and similar tokens.
Safemoon and many other popular shitcoins have these special tokenomics where tokens are constantly being rewarded and/or burnt.
Koinly doesn't import any of this since it isn't reported as a transaction on the explorers but we really need to fix this since it's an extremely common issue.
Jack
Merged in a post:
Token reflection update?
O
Olive Newt
Hi, i'm holding the shibx (0x440abbf18c54b2782a4917b80a1746d3a2c2cce1) token on avalanche network. It reflects back a transaction fee to all holders on each transaction.
Koinly can't see the updates, even month after it happened. Any chances to get this somewhat sorted out? Don't know how to add them to my acount.
Kind regards
N
Nearby Alligator
Would be nice (if it's possible) to be able to add reflection like this:
have a pop-up window where you can select the percentage of reflection and the token.
and add it like it's described in this article:
https://help.koinly.io/en/articles/6114916-reflection-taxed-and-rebase-tokens
P
Petur
Merged in a post:
tokenomics support
C
Crimson Dolphin
Hi , there isn't any support for tokenomics / reflections in the tax calculation in the binance smart chain. will there be some in the future?
C
Concerned Tiger
For EvergrowCoin, since it is generally paid out every couple of days, I just mark that imported transaction as income. For my Ore-system token that pays periodically all day long in just additional tokens, this would be a great feature to add
M
Monthly Cougar
yes i need this, have alot of tokens with tokenomics, this is highly requested! Coral reef Coyote