Staxer

Automating cryptocurrency tax withholdings within the wallet at the point of transaction.

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Built at ETHDenver 2024

Created on 2nd March 2024

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Staxer

Automating cryptocurrency tax withholdings within the wallet at the point of transaction.

The problem Staxer solves

Because most tax jurisdictions categorize cryptocurrencies as assets or commodities - rather than securities - over 90% of all wallet transactions violate tax code. Staxer reduces violation risk and improves proof of compliance by enabling automated tax withholdings and record-keeping for both incoming and outgoing transactions.

Challenges we ran into

Everything went super smooth! ;-)

Tracks Applied (6)

Impact & Public Goods

Tax Compliance: It simplifies the process of tax compliance, ensuring that taxes are more efficiently managed, which ult...Read More

Build a Consumer Product

Staxer is a product to help consumers who have and use a cryptocurrency wallet better comply with tax laws and better or...Read More

Base

Public Goods Funding Platform

Staxer helps public jurisdictions to collect tax and their citizens to more easily calculate, withhold and pay taxes.

Base

Build on Linea

We have deploayed on linea goerli https://goerli.lineascan.build/tx/0x7ba125f854203f52d77152ed9349760c4423f325e782c0ba58...Read More

Linea

ZK is the Endgame

Staxer contract is deployed on Polygon zkEVM Contract: 0x4bCB4b945aD567C7d63227FC1D0D9e0Ce753897D

Polygon

Welcome to Cardona - Hack a Smart Contract

We have delployed our contracts on polygon. https://mumbai.polygonscan.com/tx/0x5abc2f3c5919c94619be070fb82bf124a6ee6668...Read More

Polygon

Technologies used

Solidity

React.js

BASE

Linea

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Discussion

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