You're being paid 4.97% to absorb price risk. Only ~4.97% of it is real fees — and they stop covering impermanent loss if RLB-USDT diverges more than the pair moves.
Real fee/staking yield: 4.97% · token emissions: 0% of the headline.
The real fees here (~4.97%) can beat holding if RLB-USDT stays calm, but a sharp divergence flips that. It's a genuine short-volatility bet, not free income.
Source: DefiLlama. Verdict is a heuristic over public data, not financial advice.