There is still some farming/staking that can be done on Bybit but I am not willing to exchange the altcoins that I have been holding just to farm it as I don't know how much my converted assets into it back to the original. So, I'll just congratulate those that were able to farm it and you're now seeing the value of it. Don't be too greedy, sell when necessary but I'd say that to just sell it so that you can take the money with you and your efforts should be rewarded by it by selling it rightaway.
I'm not sure there are any risks with deploying funds for farming ethena on bybit. If anything, the only risks is that the price of ENA might drop in value over the course of the farming period.
It is because I don't have those coins that allow me to farm it but I've got funds there that I can trade and convert into the required one which I am not willing to do as of now. Because of the volatility, the value of that current holdings or assets that I'll use in the conversion could drop significantly but if I've got some spare funds that I can deploy there, I'd do so.
If you're scared about using ENA tokens to farm more ENA tokens, you can use stablecoins — USDT is usually used during Bybit farming. Personally, I'll be indulging in it.
Yes, I can do this but the ones that I've got available there might also increase in no time so I might just take to collect some more new USDT then before the farming period ends.