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Daily SharkFin Launched: Get An Annualized Yield of Up To 16%!-公告-Gate.io 芝麻开门交易所

Gate.io 05-13 17:39 相关类型 其它
Gate.io will launch a Daily BTC & USDT SharkFin with an annualized yield of 3%~16%. It will be available for subscription starting from 04:00 on May 15th to 04:00 on May 16th UTC. The total position reaches 300 BTC and 8,000,000 USDT, the lock-up period is 7 days, and the price range is $29,000 - $33,000.



You're welcome to be part of the Daily BTC SharkFin & Daily USDT SharkFin!








Join Gate.io HODL & Earn Telegram group



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 ($29,000~$33,000), 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 ($33,000) 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 $29,000, or higher than $33,000), the user can obtain a guaranteed return of 3%.



Specifications of the Daily SharkFin_2022/05/16

1. Lockup currency: Choose either BTC or USDT

2. Return: floating interest rate, ranging from 3%-16% APR

3. Interest currency: depend on lockup currency

4. Subscription Time: May 15th 4:00 - May 16th 4:00 (UTC time)

5. Lockup period: 7 days

6. Interest calculation start time: 4:00 on May 16th, UTC time

7. Settlement Time: 8:00 on May 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 below the per-specified price range, the product is settled on a 3% APR; if the price is above the per-specified price range, the product is settled on a 16% 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 May 23rd UTC.



Users can go to the Gate.io official website to experience a variety of new high-yield financial products. We will release new arrivals every day.

View more on Structured Financial Products





Gate.io is a Cryptocurrency Trading Platform Since 2013

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Reach out to us!

Twitter: https://twitter.com/gate_io

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Medium:https://medium.com/@gateio

Podcast: https://gateio.buzzsprout.com/?ch=buzzs



Gate.io Team

May 13



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