You're being paid 0.04% to absorb price risk. Only ~0.04% of it is real fees — and they stop covering impermanent loss if ETH-CTM diverges more than ±5.6%.
Real fee/staking yield: 0.04% · token emissions: 0% of the headline.
Break-even fact: a ±5.6% move in ETH-CTM erases a full year of the fees you actually keep (~0.04%). 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.