Create a Wrapped sVVV

Staked VVV (sVVV) is currently generating a high yield and is expected to maintain this trend for the foreseeable future. By creating a wrapped version of sVVV, we can facilitate wallet-to-wallet transfers, enhancing liquidity and accessibility. Additionally, this wrapper can provide greater tax efficiency. As the wrapper boosts the share price, it defers taxes by avoiding the immediate recognition of ordinary income for stakers, thereby allowing them to benefit from potential capital gains in the future.

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Date

7 months ago

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An Anonymous User

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