This opportunity works well for investors who want long exposure to Ethereum (ETH). Keep in mind, your returns are impacted by the price of ETH and this pool's yield.
Risks include general smart contract risks and the peg stability of various ETH derivatives. Pool is subject to loss if underlying ETH derivatives depeg significantly.
Your yield primarily comes from the swap fees paid by traders when swapping between different flavors of ETH, plus protocol incentives. The more trades between ETH pairs, the higher the fees that you earn. The yield can change depending on transaction volume and value.