You're being paid 0.28% to absorb price risk. Only ~0.28% of it is real fees — and they stop covering impermanent loss if USDT-HEZ diverges more than ±16%.
Real fee/staking yield: 0.28% · token emissions: 0% of the headline.
Break-even fact: a ±16% move in USDT-HEZ erases a full year of the fees you actually keep (~0.28%). 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.