You're being paid 0.05% to absorb price risk. Only ~0.05% of it is real fees — and they stop covering impermanent loss if USDC-B18 diverges more than ±6.7%.
Real fee/staking yield: 0.05% · token emissions: 0% of the headline.
Break-even fact: a ±6.7% move in USDC-B18 erases a full year of the fees you actually keep (~0.05%). 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.