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Crypto accounting on SKALE Nebula Hub

A practical overview to help finance teams on SKALE Nebula Hub.

SKALE Nebula Hub is designed for gaming and high-throughput applications requiring sustained performance and zero gas fees. It provides dedicated infrastructure for blockchain games, virtual worlds, and applications with intensive computational requirements. The hub enables new gaming experiences that would be impossible with traditional gas fee models. Nebula Hub supports the next generation of blockchain gaming and interactive applications.

What does crypto accounting on SKALE Nebula Hub involve?

  • Ingesting on-chain transactions into a human-readable general ledger.
  • Tracking historical token balances and cost basis for realized/unrealized gains.
  • Classifying DeFi (swaps, LP, staking, bridges) with clear audit trails.
  • Mapping activity to a chart of accounts for financial statements.

Recommended workflow for finance teams

  1. Connect wallets, custodians, and contracts relevant to SKALE Nebula Hub.
  2. Auto-tag common patterns (transfers, swaps, fees) using rules.
  3. Reconcile balances across custody sources and on-chain snapshots.
  4. Review exceptions, assign accounts/entities, and export to ERP.

Common accounting treatments on SKALE Nebula Hub

  • Gas fees: typically expensed; capitalize when attributable to asset acquisition.
  • Swaps: disposal + acquisition with fair value at execution.
  • Staking rewards: recognize income upon receipt; track tax lots for disposals.
  • LP positions: record deposits/withdrawals; value positions to capture P/L.

ERP integration

Export summarized journals to your ERP with entity, account, class, and memo dimensions. Keep IDs consistent across environments to support automated, repeatable syncs.

Transactions
Supported
Historical Balances
Supported
DeFi
Limited/Varies