Hope someone can clarify this for me on what’s going on.
After supplying my coins to compound as a lender/borrower, I managed to earn 0.3 compound coin.
I click on “collect” under Vote to collect those distributions. Then in my wallet it pops up that this requires a fee of 0.1333 ether!
At current market of $570 per ether, this is ~$75, which is more than the cost of the compound distribution itself. I tried a couple more times, sometime i get a fee of 0.0344 ether instead which is still a lot at $17
I am looking for some tips how this works, should I just not collect the compound distribution and wait until it reaches a much higher number then do it, to save on the ether fee? It seems this high fee for collecting compound coin kind defeats the profitability of this whole enterprise.