{
  "schema": "https://cryptotaxedge.com/schema/cte-classification-v1.json",
  "captured_at": "2026-08-18",
  "policy_version": "us-default-2026-08",
  "request": {
    "hash": "0x5d5faabe262c3a3e2e54ae99c9f5fad3a35425477882ae8dd918d8284d333262",
    "chain": "ethereum"
  },
  "response": {
    "api_version": "v1",
    "hash": "0x5d5faabe262c3a3e2e54ae99c9f5fad3a35425477882ae8dd918d8284d333262",
    "chain": "ethereum",
    "category": "liquid_staking_mint",
    "treatment": "non_taxable",
    "taxable": false,
    "confidence": 95,
    "needs_review": false,
    "ledger_action": "Staking Deposit",
    "protocol": "Lido",
    "description": "Liquid-staking exchange of ETH for stETH via Lido; the staked asset and its receipt token were exchanged one for the other, and the receipt token tracks the deposited asset rather than a new economic position. Under default policy the receipt token is treated like a wrap of the underlying, so no gain or loss is recognized and basis carries across. This treatment is a flagged grey area: the other defensible position reads the exchange as a disposition of materially different property, and the grey-area block records both.",
    "review_note": null,
    "grey_area": {
      "note": "Liquid-staking token mint/redeem: no direct IRS guidance. House treats the receipt token like a wrap of the deposited asset (non-taxable; basis carries); the disposition view, a crypto-to-crypto exchange of materially different property, is a defensible alternative. Confirm the firm position with a qualified tax professional.",
      "alternate": {
        "treatment": "disposal",
        "taxable": true,
        "label": "Disposition view (LST mint as a crypto-to-crypto exchange)"
      }
    },
    "assets": {
      "sent": [
        {
          "symbol": "ETH",
          "amount": "0.445",
          "decimals": 18,
          "action": "transferred",
          "native": true
        }
      ],
      "received": [
        {
          "symbol": "stETH",
          "amount": "0.444999",
          "decimals": 18,
          "action": "received",
          "token_address": "0xae7ab96520de3a18e5e111b5eaab095312d7fe84",
          "from": "0x0000000000000000000000000000000000000000"
        }
      ],
      "gas": null
    },
    "id": "golden"
  }
}