Recently, I truly feel that no matter how diligently I farm in DeFi, I get completely overwhelmed when it comes to tax reporting at the end of the year... My current method is pretty crude: every time I switch chains, cross bridges, claim airdrops/rewards, I just take a screenshot + drop the transaction hash into a spreadsheet, with a note saying "why I did this." Basically, it's a way to leave a trail for my future self; otherwise, all the "claim/airdrop/rebase" transactions get mixed together, and I can't reconcile them later.

By the way, seeing everyone arguing about NFT royalties also makes me quite emotional. When the secondary market changes rules, creator income and liquidity get tangled up, and in the end, the ones who suffer the most might still be us who have to reconcile: who paid for what, does it count as income... Anyway, I make sure to keep full records.

After lowering my goals, I actually stick to it longer: not aiming for "full automation," just making sure to update this week's records every Friday, even if it takes only three minutes, it's better than staying up all night at the end of the year.