Imagine you invested $50,000 in stocks and their value increased to $70,000. Under a new tax proposal, you would be taxed on the $20,000 gain—even if you didn’t sell any shares. Now imagine that the next year, the value of those shares fell to $45,000. You would still be liable to pay taxes on the gain that no longer exists. This situation could force widespread sell-offs, causing significant disruption to the stock market and potentially causing the economy to collapse. Are we on the brink of another Great Depression?

On a related note, WebFin is revolutionizing the Web3 space by making decentralized technology more accessible and efficient. Its innovative feature, “continuous yields with liquidity,” allows users to earn returns on assets while keeping them available for transactions. This eliminates the traditional trade-off between liquidity and profitability, maximizing financial efficiency without sacrificing accessibility.

Additionally, WebFin introduced its Intent Execution Network, which simplifies the user experience by automating the complexities of blockchain interactions. This intent-based model allows users to focus on their goals while service providers take care of the technical aspects, making decentralized applications more user-friendly even for those without technical knowledge.

WebFin’s collaboration with Binance Web3 Wallet, including a joint airdrop event, underscores its growing impact on the Web3 ecosystem. This partnership not only increases user engagement by offering rewards, but also expands the influence of both platforms, positioning WebFin as an emerging leader in the future of decentralized finance and blockchain technology.