Staking rewards can be ordinary assessable income at the AUD value when received. Later disposal can have separate CGT consequences. Keep receipt and valuation records.
DeFi may involve lending, liquidity pools and bridges. Smart-contract, liquidation, oracle and governance risks can cause losses. Advertised yields can change and are not guaranteed.
Stablecoins aim to track a reference but can lose their peg. Understand reserves, redemption rights and issuer risk. Tokens are not automatically protected bank deposits.
Cryptocurrency is high-risk. This guide does not assess your individual circumstances or provide financial, investment, tax or legal advice.
Sources & further reading
https://www.ato.gov.au/individuals-and-families/investments-and-assets/crypto-asset-investments/transactions-acquiring-and-disposing-of-crypto-assets/staking-rewards-and-airdrops ↗https://moneysmart.gov.au/investment-warnings/cryptocurrencies ↗