MakerDAO Oasis ETH to wETH Tax

On Oasis when we deposit ETH into a vault to borrow DAI it wraps ETH into wETH behind the scenes. So is this a taxable event?
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On Oasis when we deposit ETH into a vault to borrow DAI it wraps ETH into wETH behind the scenes. So is this a taxable event?
submitted by /u/abc_reddit_xyz
[link] [comments]