You're being paid 3.90% to absorb price risk. Only ~3.35% of it is real fees (the other ~14% is decaying emissions) — and they stop covering impermanent loss if YMVOG-VBUSDT diverges more than ±69%.
Real fee/staking yield: 3.35% · token emissions: 14% of the headline.
Break-even fact: a ±69% move in YMVOG-VBUSDT erases a full year of the fees you actually keep (~3.35%). 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.