HomeNewsWonderland TIME: Staking, Minting, Taxation, wMEMO, Dilution !

Wonderland TIME: Staking, Minting, Taxation, wMEMO, Dilution !

This video is full of information for Wonderland TIME investors. Just watch it all.

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22 COMMENTS

  1. SERIOUS QUESTION: how can you get taxed from a metamask wallet they cant tax you on your gains staked theres no way they would know who you are..they only time you would get taxed is when you sell the coin!!..correct me if im wrong

  2. How would I declare my capital gains that I've received from staking to my annual tax report? Is there a CSV report paper I can look at in wonderland? How would I let the bank know where all this money came from?

  3. What happens when you "unstake"them? you will get back AVAX? you have to sell time, or memo and where? (or swap them back on Traderjoe? thanks And can you make another video explaining the WRAP MEMO thing? i didn't get the advantage of this thing.

  4. if i wrap my MEMO to wMEMO, than the price of that can only increase/decrease therefore i am only taxable on the gains from that asset. But if i keep it in MEMO i am taxed on the gains of TIME rising aswell as the staking income (rebase)? is this correct or am i missing something. Why would anyone let MEMO sit there and stake when u can avoid more taxes by wrapping it

  5. How can someone tell what the appreciation percentage of wrapped Memo is? Not sure how to keep track of that. For that reason I feel that it's easier just to stake Time with Memo. However, the tax implications of the daily rebases are still a concern.

  6. Hi. I have some questions.

    Question N°1: If I don't claim and stake before the Rebase event happens, I will miss the staking the rewards coming from that particular rebase event?

    Question N°2: Every time a Rebase period finishes it is good to unstake all my MEMOs (my complete accumulated investment) and with that TIMEs go back to Traderjoe and split or swap (depending on the most profitable Bond at that time), to repeat the Minting process?

    Question 3: In relation to the question before. If I want to build this loop:

    (i) Can I buy more than one time the same mint/bond alternative, or I will need to wait for the 5 days to mint again the same mint/bond alternative?

    (ii) Can I invest in two or more minting/bond alternatives at the same time? Or only I can do one at a time?

  7. Excellent content & extremely helpful. Do you know what it means when those mint percentages are negative?

    Also, if the percentage fluctuates from once you entered the mint cycle, say from a positive 8% to like 3% or even negative something -2%, what would that mean for the current funds locked up for rewards?

  8. One interesting question I'll definatelly ask my tax-advisor is that I could not find an exchange where you can actually buy/trade the MEMO token you are earning. So what is the legaly binding price to base tax on? Does it even have one? Or is that mechanic allready isolating you against tax in some way and in the end you just tax the whole profit like any other profit/income at the end of your tax year?

  9. I got invested in WONDERLAND just like you with an initial 1000$ and by the last 3 to 4 days due the price floatation my profit went around 7 and 13%. The consistency of the announced 9% ROI it's very accurate.

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