You're being paid 0.32% to absorb price risk. Only ~0.32% of it is real fees — and they stop covering impermanent loss if WSOL-WOULD diverges more than ±17%.
Real fee/staking yield: 0.32% · token emissions: 0% of the headline.
Break-even fact: a ±17% move in WSOL-WOULD erases a full year of the fees you actually keep (~0.32%). 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.