Last time I farmed ETHFI with $10k FDUSD and it was not that profitable. A detailed post about it, is on my profile here: ETHFI Farming With 10k FDUSD
RN I have USDT so converting USDT to FDUSD will cost me some $10 - $15 fees, plus FDUSD is trading right now at $1.0020+/USDT, so converting $10k USDT to FDUSD will give me $9980 FDUSD. An additional $20 cost.
Also I am not farming it with BNB because it’s volatile. And also I don’t own any.
In three days I would get a maximum of $20 worth of Ethena (ENA). So:
Cost = $30 ($10 conversion fees + $20 FDUSD costing because of high price)
Profit = ~$20 to $30
IMO it doesn’t worth the time and fees etc. I have stacked USDT which will generate the same amount of $$ in same time.
