You're being paid 10.1% to absorb price risk. Only ~10.1% of it is real fees — and they stop covering impermanent loss if WSOL-ALCH diverges more than ±155%.
Real fee/staking yield: 10.1% · token emissions: 0% of the headline.
Break-even fact: a ±155% move in WSOL-ALCH erases a full year of the fees you actually keep (~10.1%). 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.