Subwallets? This is how staking, YieldVault, and other income is booked

This is what you should keep in mind in order to understand the reward transaction.

November 12, 2026

When does chain.report automatically create a subwallet for you?
Some providers supply the information about when you have placed your funds, for example, into staking or, for example, into the Yield Vault. That enables us to create a subwallet in order to transfer the funds into this sub-wallet accordingly.

If an exchange does not supply the corresponding deposit information, we unfortunately cannot create a subwallet, because we know neither the point in time nor the amount deposited. In this case (as, for example, with crypto.com), a subwallet is unfortunately not possible.

What different tax treatments are there for assets in subwallets?
The automatic transfer of, for example, the staking deposit into the subwallet is particularly important, because we separate these assets for tax purposes from the other tokens or coins on the exchange. This is relevant for the FIFO method - in this way, no assets from, for example, a staking process can be disposed of. Only in this way can the tax burden be recorded correctly. Competing products to chain.report usually do not provide this feature.

This is how rewards are booked
Depending on the provider, for example staking or, for example, YieldVault rewards are booked in different places. At bake.io, for example, you first receive the rewards back in your main wallet. After that, a transfer transaction marks the move into the staking or YieldVault subwallet. With other providers, the rewards could be booked directly in the subwallet.

Please note that the balance of the subwallet and of the main wallet differs and that they are to be viewed separately from each other.