You're being paid 7.29% to absorb price risk. Only ~7.29% of it is real fees — and they stop covering impermanent loss if ETH-WBTC diverges more than ±120%.
Real fee/staking yield: 7.29% · token emissions: 0% of the headline.
Break-even fact: a ±120% move in ETH-WBTC erases a full year of the fees you actually keep (~7.29%). 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.