ETHFI Farming With $10k FDUSD
$558.4
-2.51%
$0.9976
-0.11%
I tried ETHFI farming with $10k FDUSD. And here is the result.
I had $10k USDT and so I converted it to FDUSD which costed me $15. Then I stacked FDUSD for three days at .2 ETHFI per hour and now I will get in total 11 ETHFI.
RN FDUSD is trading at .9980 so converting my FDUSD back to USDT will cost $20.
So it costed me in total $35 plus conversion fees and three days. And in return I got ~11 ETHFI.
IMO 11 ETHFI will be hardly worth $20.
You can escape the conversion and up/down costs, If you already have FDUSD or don't want to convert back to USDT, or wait and convert only when there is zero to no change in FDUSD/USDT. It can even be used to an advantage to make a few $ by converting FDUSD/USDT back and forth at the right time.
