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Bitwave continues to revolutionize the way enterprise digital asset finance with our newly enhanced DeFi Module, which track and categorize positions for every DeFi protocol.
Other key benefits of the new DeFi Module include:
- Staking and Revenue Recognition. Bitwave keeps track of your staking balance, staking rewards, and fees, making it easy for you to recognize revenue and expenses for your staking operation.
- Advanced Reporting. Use Bitwave to generate reports on your DeFi positions for management reporting, accounting, and bookkeeping purposes.
- Flexible Tax Treatments. Bitwave provides customizable tax and accounting treatments for all types of DeFi interactions, including vault deposits, staking, lending and liquidity provision.
Simplify Your DeFi Accounting With Bitwave
Bitwave is the only solution that provides comprehensive support for sophisticated DeFi activities, including staking, liquidity pools, lending pools, and yield farming.
With a variety of tax treatment options for liquidity pools and vaults, plus DeFi ROI monitoring and reporting, Bitwave is the go-to platform for organizations looking to streamline their DeFi operations.
The DeFi module's configurable treatments, such as on or off-balance sheet treatment, offer added flexibility and customization. If you're interested in learning more about how Bitwave can help your organization achieve its DeFi goals, get in touch with us today and schedule a demo!
Not ready to talk? No problem. Learn how How Compound Treasury Enables Enterprise Access to DeFi with Bitwave.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
