You're being paid 8.18% to absorb price risk. Only ~8.18% of it is real fees — and they stop covering impermanent loss if ILV-WETH diverges more than ±131%.
Real fee/staking yield: 8.18% · token emissions: 0% of the headline.
Break-even fact: a ±131% move in ILV-WETH erases a full year of the fees you actually keep (~8.18%). 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.