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    Anúncios Gate.io Structured Products Launch the Daily SharkFin under BTC: Get An Annualized Yield of Up To 16%!

    Gate.io Structured Products Launch the Daily SharkFin under BTC: Get An Annualized Yield of Up To 16%!

    2022-03-16 03:08:21 UTC 40588 Lido
    Gate.io will launch a Daily SharkFin product under BTC with an annualized yield of 3%~16%. It will be available for subscription starting from 8:00 on March 16th to 13:00 on March 16th UTC. The total position reaches 300 BTC, the lock-up period is 7 days, and the price range is $36,500 - $41,000. You're welcome to participate!

    View more details at https://www.gate.io/structured_financial/sharkFin2/32

    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 8:00 a.m. UTC daily.
    View more on Structured Financial Products


    How does the new Daily SharkFin product generate a return on investment?
    During the observation period, if the prices of the target asset stay within the per-specified price range ($36,500~$41,000), users can then earn a higher annualized income of 16%. At settlement, the closer the prices of the target asset price are to the upper limit ($41,000) 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 $36,500, or higher than $41,000), the user can obtain a guaranteed return of 3%.


    Specifications of the Daily SharkFin_BTC_20220316 Product
    1. Lockup currency: BTC
    2. Return: floating interest rate, ranging from 3%-16% APR
    3. Interest currency: BTC
    4. Subscription Time: March 16th 8:00 - March 16th 13:00 (UTC time)
    5. Lockup period: 7 days
    6. Interest calculation start time: 8:00 on March 16th, UTC time
    7. Settlement Time: 8:00 on March 23rd, 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 3% 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 23rd UTC.



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    Gate.io Team
    March 15
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