That’s a pretty sweet side hustle you got going and it can only compound overtime! I do something similar but instead of holding in the native token I convert it all into BTC and then go and get my interest in that asset
While the interest rate seems low on BTC compared to fiat and shitcoins you have to factor in the fact that Bitcoins inflation rate is 1.7% so getting 3 or 5 is offsetting the new liquidity as well as a return of 2-3% while Alts and stable coins you getting more Alts or stable coins but you’re actually making a negative rerun on purchasing power
Haha I would convert to BTC in a heartbeat - I'm more so not prepared for the admin side of keeping track for tax time :'( but maybe I just need to do it
Yeah the tax is a nightmare so I use Bittrex and Bitfinex since they allow you to use lightning and liquid so I can store my BTC effectively without paying chain fees too!
Then if I am overextended tax wise I can use the liquid BTC and make a loan against it and reduce my tax obligations