Gate.io will launch a Shark Fin 2.0 product with an annualized yield of 2%~25%. It will be available for subscription starting from 4:00 on March 2nd to 13:00 on March 2nd UTC. The total position reaches 2,000,000 USDT, the lock-up period is 7 days, and the price range is $41,500 - $46,500. You're welcome to participate!

View more details at https://www.gate.io/structured_financial/sharkFin2/10

Users can go to the Gate.io official website to experience a variety of new high-yield financial products. We will release new arrivals at 4:00 a.m. UTC daily.
View more on Structured Financial Products


How does the new Shark Fin 2.0 product generate a return on investment?
During the observation period, if the prices of the target asset stay within the per-specified price range ($41,500~$46,500), users can then earn a higher annualized income of 25%. At settlement, the closer the prices of the target asset price are to the upper limit ($46,500) of the price range, the higher the annual return.
During the observation period, if the prices of the target asset have gone beyond the price range (lower than $41,500, or higher than $46,500), the user can obtain a guaranteed return of 2%.


Specifications of the SharkFin2.0_USDT_20220302 Product
1. Lockup currency: USDT
2. Return: floating interest rate, ranging from 2%-25% APR
3. Interest currency: USDT
4. Subscription Time: March 2nd 4:00 - March 2nd 13:00 (UTC time)
5. Lockup period: 7 days
6. Interest calculation start time: 8:00 on March 2nd, UTC time
7. Settlement Time: 8:00 on March 9th, UTC time
8. Observation price: refer to the BTC/USDT perpetual contract price on Gate.io
9. If at any time during the observation period, the price is above or below the per-specified price range, the product is settled on a 2% APR. If prices always stay within the price range, the return rate will be determined according to where BTC/USDT perpetual contract price falls on Gate.io at 8:00 on Mar 9th UTC.




Gate.io is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent


Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.

Reach out to us!
Twitter: https://twitter.com/gate_io
Telegram: https://t.me/gate_zh
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs

Gate.io Team
March 2