Realistic or not? Bot-only arb volume as the sole driver of LP yield with a concentrated pegged pair

A developer describes a protocol for creating liquid-locked token derivatives and questions whether bot-only arbitrage activity can generate attractive LP yields on concentrated pegged pairs. The creator ran a small $1k test yielding 1-1.5% APY and projects potential 55-110% APR with $100k TVL if they can capture 5-10% of native token volume through bot trading.