[{"data":1,"prerenderedAt":95},["ShallowReactive",2],{"navigation":3,"chain-algorand":31},[4,22],{"title":5,"path":6,"stem":7,"children":8,"page":21},"Introduction","/docs/introduction","1.docs/2.introduction",[9,13,17],{"title":10,"path":11,"stem":12},"Why","/docs/introduction/why","1.docs/2.introduction/1.why",{"title":14,"path":15,"stem":16},"Blockchain as solution?","/docs/introduction/blockchain-as-solution","1.docs/2.introduction/2.blockchain-as-solution",{"title":18,"path":19,"stem":20},"What's the Solution?","/docs/introduction/wag3s-as-solution","1.docs/2.introduction/3.wag3s-as-solution",false,{"title":23,"path":24,"stem":25,"children":26,"page":21},"Api Documentation","/docs/api-documentation","1.docs/3.api-documentation",[27],{"title":28,"path":29,"stem":30},"getting started","/docs/api-documentation/api","1.docs/3.api-documentation/1.api",{"id":32,"title":33,"body":34,"chain":75,"considerations":76,"coverage":77,"description":35,"extension":83,"faq":84,"hero":86,"meta":87,"navigation":88,"path":89,"related":90,"seo":92,"stem":93,"summary":50,"transactionTypes":76,"__hash__":94},"chains/chains/algorand.yml","Algorand Crypto Accounting & Tax — ASA + Pure PoS",{"title":33,"description":35,"seo":36,"chain":39,"hero":47,"summary":50,"coverage":51,"faq":66,"related":70},"Native subledger for Algorand — ALGO Pure PoS rewards (now opt-in), ASAs (Algorand Standard Assets), and Folks / Tinyman / Pact DeFi.",{"title":37,"description":38},"Algorand Crypto Accounting & Tax — Wag3s Coverage","How Wag3s handles Algorand accounting — ALGO Pure PoS, opt-in governance rewards, ASA token transfers, and the Folks / Tinyman / Pact DeFi ecosystem.",{"name":40,"slug":41,"type":42,"ecosystem":40,"consensus":43,"nativeToken":44,"explorer":45,"supportedSince":46},"Algorand","algorand","L1","Pure Proof of Stake","ALGO","https://algoexplorer.io","2024",{"eyebrow":40,"title":48,"subtitle":49},"Algorand — ASA tokens, governance rewards","Algorand's Pure PoS distributes participation rewards to all ALGO holders (now opt-in via governance). ASAs are the standard token format. We cover both.","Algorand was an early-mover on PoS with rewards historically distributed automatically to all ALGO holders. The current model uses opt-in governance — holders commit ALGO to a quarterly governance round and receive rewards proportional to their stake. ASAs (Algorand Standard Assets) are the native fungible / NFT format. The Algorand DeFi ecosystem is led by Folks Finance (lending), Tinyman (DEX), and Pact (DEX). Smart contracts use Algorand Smart Contracts (TEAL) with their own decoder path.\n",{"title":52,"items":53},"What's tracked on Algorand",[54,57,60,63],{"label":55,"description":56},"ALGO transfers and governance rewards","Per-round governance reward accrual booked as ordinary income.",{"label":58,"description":59},"ASA transfers","Algorand Standard Assets decoded with metadata.",{"label":61,"description":62},"Folks Finance, Tinyman, Pact","DeFi positions tracked end-to-end.",{"label":64,"description":65},"TEAL contract calls","Decoded against published TEAL programs.",[67],{"question":68,"answer":69},"Are Algorand governance rewards taxable on receipt?","Yes — at the ALGO fair-value on the governance round close. We book per-round.",[71],{"to":72,"title":73,"description":74},"/chains/cardano","Cardano coverage","Comparable PoS L1.",{"name":40,"slug":41,"type":42,"ecosystem":40,"consensus":43,"nativeToken":44,"explorer":45,"supportedSince":46},null,{"title":52,"items":78},[79,80,81,82],{"label":55,"description":56},{"label":58,"description":59},{"label":61,"description":62},{"label":64,"description":65},"yml",[85],{"question":68,"answer":69},{"eyebrow":40,"title":48,"subtitle":49},{},true,"/chains/algorand",[91],{"to":72,"title":73,"description":74},{"title":37,"description":38},"chains/algorand","fH818zDNEllqy7uyUfvgCaDhRLLcvipvUvyARY0K_q8",1778407989413]