Is this mean if I stake LP worth $1K I will receiv... @curvefi

No, this does not mean that if you stake LP worth $1K you will receive $12.3 daily. The $12.3 figure is an annualized return, which means that if you stake LP worth $1K, you can expect to receive a total of $12.3 over the course of a year. This amount will be distributed over the course of the year in smaller daily, weekly, or monthly payments depending on the specific staking program.

is daily annualized