Hadn’t logged into sollet in a long time, when I went to sollet but it was a fake website and it got access to some of my Sol.

We threw away the elf after the first year like 8 years ago.

Mistakes happen, I have been active in crypto for over 10 years, and I lost about 50 sol this year where I have never ever been scammed before.

Fortunately I have multiple wallets and it didn’t get a big portion.

firedancer

What is Firedancer?

I genuinely think that Solana could be a cryptocurrency of AI, which will need a quick method of transferring money that doesn’t rely on the trust of humans. As long as Solana can prevent any blackouts, and continue to build trust, there’s really no other option unless they decided to go with a much less reputable option like Aleph Zero.

What I have seen in the past year has surpassed all my expectations on what AI is capable of, and what I see OpenAI and others working on now for their next models may very well become AGI within the next year. When that happens, I cant see any other option but to interface with cryptocurrency and the fastest and trustworthy option will win. While Bitcoin and Ethereum have trust, they do not have speed and of course the gas is and will be brutal when transaction rates go up. I only see Solana and Aleph Zero as an option right now.

Solana has a reward structure, lets say every year you make 10% on a crypto. Coinbase will keep 5% and give you 5% when you stake on their platform. If you stake outside of their platform, you might be able to get more or less of that 5% depending on what validator you stake on. The above numbers are just made up, I believe my staking account is getting about 7.3%

Depending what state you live in it can be different but the general idea is this:

Staking your Sol is not a taxable event, and does not generate taxes on the base amounts.

The rewards for staking are treated as income (not capital gains) and taxed at income tax rate. So if you receive a reward, whatever the reward is in USD will then need to be taxed when you do your taxes. If later you sell that SOL, the amount it was worth when you go the reward is considered your cost basis, and gains/losses are calculated off that. If you sell for a profit you pay short or long term capital gains.

I set up an AutoBuy of $250 on Coinbase. It aint perfect but its worked for me for 2 years (26 months exactly).

Outside of that, anytime in the last year would have been the right time to buy.

Its crazy they can just move users cryptocurrencies to exchanges and sell them during the claim period.