Mamo yield tax for your Belgian return

Cryptotax automatically detects your Mamo vault deposits, auto-compound rewards and USDC/cbBTC yields. Get a clear overview of taxable DeFi income on Base.

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MAMO
Capital gains tax 2026: The capital gains tax law was approved by the Chamber on 3 April 2026. Since 1 January 2026 you pay 10% on crypto capital gains above €10,000/year. Cryptotax calculates this automatically. More info →

What is Mamo?

Mamo is an AI-driven yield optimisation platform on Base that automatically grows your USDC and cbBTC via DeFi strategies such as Moonwell and Morpho.

AI-Driven Yields

Mamo's AI companion automatically optimises your yields through smart allocations across different DeFi protocols. You do not need to make any strategic decisions yourself.

Auto-Compounding

Earned yields are automatically reinvested into your balance every day. Dedicated smart contracts per account type ensure maximum compound effects.

Non-Custodial

You retain full control over your funds. Instant withdrawals to your wallet, even if Mamo is offline. No trusted third-party risk.

What does Cryptotax support for Mamo?

Vault Deposits

  • USDC and cbBTC deposit events
  • Smart contract tracking per account
  • Cost basis recording
  • Base L2 support

Yield Tracking

  • Auto-compound reward calculation
  • Daily yield accrual monitoring
  • EUR valuation at withdrawal
  • Moonwell/Morpho allocation tracking

Withdrawals

  • Instant withdrawal detection
  • Yield vs principal separation
  • Partial withdrawal support
  • Taxable gain calculation

How does Cryptotax treat your Mamo activity for tax?

Key tax considerations

  • ①
    A vault deposit is not a taxable event.

    Depositing USDC or cbBTC into a Mamo vault is comparable to depositing at a bank, with no realization. You retain the same economic position.

  • ②
    Auto-compound yields are taxable as movable income.

    Yields that are automatically reinvested are treated as interest income. On withdrawal, the difference between the amount received and the original deposit is taxed at 30%.

  • ③
    MAMO token rewards are taxable upon claim.

    If you receive MAMO tokens as an incentive, the EUR value at the moment of claim is taxable income.

  • ④
    A withdrawal is partly taxable.

    Only the yield portion of your withdrawal is taxable. Your original principal remains tax-free as long as you do not sell it.

This overview is informational. For personal tax planning we recommend professional advice.

Belgian crypto tax 2026

📊 Capital gains tax explained ⚖️ 10% vs 33% vs 50% 🏦 CAP declaration per exchange 🔢 FIFO cost basis calculation

Import your Mamo activity today

Connect your wallet, let our engine pull in all vault deposits and auto-compound yields, and receive a report that is ready for your Belgian return.

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