Let me break down my thoughts when I see a V3 pools like this for Ronin Blitz. First 430% APY, that’s 1.17%/day. Meaning $10,000 would yield $117/day. Sustainable? Depends if people join in and how long the rewards are set to go on for. Next the pair, this a stable and a token which typically has a lot of impermanent loss. $5000 in stables and $5000 in $RON, so I ask myself, how would that look if $RON’s price was to increase or decrease? If RON were to decrease my stables would convert to RON decreasing my overall pool value, are the rewards enough to counter it? If RON were to increase, I would only capture some of the value as RON would be converting to USDC on the way up. Would I be satisfied with the rewards instead of just having bought $10,000 of RON instead? If the $RON’s price was to stay relatively the same, then the rewards are free money with no downside.