You're being paid 8.00% to absorb price risk. Only ~8.00% of it is real fees — and they stop covering impermanent loss if OHM-WETH diverges more than the pair moves.
Real fee/staking yield: 8.00% · token emissions: 0% of the headline.
The real fees here (~8.00%) can beat holding if OHM-WETH stays calm, but a sharp divergence flips that. It's a genuine short-volatility bet, not free income.
Source: DefiLlama. Verdict is a heuristic over public data, not financial advice.