You're being paid 4.95% to absorb price risk. Only ~4.95% of it is real fees — and they stop covering impermanent loss if USDC-INX diverges more than ±90%.
Real fee/staking yield: 4.95% · token emissions: 0% of the headline.
Break-even fact: a ±90% move in USDC-INX erases a full year of the fees you actually keep (~4.95%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.
Source: DefiLlama. Verdict is a heuristic over public data, not financial advice.