Anyone enable this "Stock Yield Enhancement Program" ?

Stock Yield Enhancement Program
Settings
Stock Yield Enhancement Program
Configure Your Stock Yield Enhancement Program

The Interactive Brokers Stock Yield Enhancement Program helps you generate extra income and may increase total returns. Program participants receive 50% of a market-based rate when lending their fully paid securities to IBKR. You can sell your shares at any time without any restriction and may terminate your participation at any time for any reason.
https://ndcdyn.interactivebrokers.com/Unive...iew?formdb=4215

In the event that the holder of a security borrowed from you is entitled to
elect the type of distribution to be received from two or more alternatives, you shall be entitled to make
such election by timely notification to IB. However, you will receive substitute payments (e.g., a cash
substitute payment) in lieu of receiving dividends or other types of distributions directly from the issuer.
Certain unique distributions may not be capable of being exactly replicated as a manufactured payment by
IB. For example, cash payments in lieu of dividends may not be afforded the same treatment as qualified
dividends for tax purposes and are likely to be taxed at a higher tax rate for U.S. taxpayers instead of the
preferential qualified dividend rate.

I wonder if this will change the withholding tax for us.

Just wondering/asking, you guys use driving license or IC to register? Usually take how long…… not scare giving out IC?