If you have a way to give Firedrinker Satyr lifelink, though, everything will go much better. Lifelink affects all damage that a creature deals, not just combat damage.
A lifelinking Firedrinker Satyr can use its second ability without causing any visible change to your life total — you’ll take 1 damage (losing 1 life) and gain 1 life simultaneously. Even if you’re at 1 life, you won’t die from using the ability. The exact same thing happens if the Satyr takes some damage and hits you with its triggered ability. No matter how much damage the Satyr deals to you via the trigger, it will also cause you to gain that much life, effectively negating the drawback.
It seems rather appropriate that the Satyr would get such a big boost out of a card like Whip of Erebos…
Today’s Rules Tip written by Paul Baranay