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Sarah T. - CoinTracker
Users Feature Request:
  • When creating a lending deposit on Solend, the c-token (e.g., cUSDC) is both minted and sent, causing a net zero transaction. This results in the deposited asset being assigned a $0 cost basis, which later leads to inflated gains.
As a user, what can I do?
For better handling the transaction can be split into multiple parts to ensure the correct cost basis and taxation are applied.
Keywords: Solend, lending transactions, c-token, cost basis, taxation.