Post
Topic
Board Service Announcements (Altcoins)
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
matblam
on 29/11/2021, 02:16:16 UTC
How do I handle the following please?
Gamification and DeFi with NFT's

NFT1 (mutant cat) is staked (I can handle that part - Staking)
It Earns $FISH token while staked (I can handle that part - Staking rewards)
I claim $FISH token (I can handle that part - Staking rewards)

THEN...
I "feed" the $FISH token to NFT2 (Mutant Gorilla) which is staked, to speed up its generation of its reward (NFT3-Serum).  ie I am effectively spending $FISH token to speed up the rewards from a staked NFT. How do I deal with this as I am spending $FISH with no real return other than speeding up staking rewards?

Then...

The NFT3 (Serum) is then fed to the first NFT (Mutant Cat) to change it (To a normal Cat) that can then breed with another to generate yet another NFT.

This is all getting pretty crazy!!

Thanks