40% APY. Real or rug? Three things you need to know before you ape in. One — the yield is fee-based, not just token emissions. That's rare. It means it's not purely inflationary garbage that dumps the second whales exit. Two — impermanent loss will wreck you if you ignore it. This is a volatile-ETH pair. A 50% relative price drop hits you with 25% IL — that's more than half your APY gone before fe…