• Language & Exchange Rate Switch
  • Preference Settings
    Rise/fall colour
    Start-End Time of the Change
Web3 Exchange
Announcement
Activity
Bi-Weekly Report
Institutional&VIP
Gate Learn
Delisted
Gate Wealth
New Listed
Gate Charity
Finance
Trade Competion
ETF
Live
Gate Card
Announcements Gate.io Daily SharkFin Special_2022/07/07 Launched: Earn up to 18% APR
Gate.io Daily SharkFin Special_2022/07/07 Launched: Earn up to 18% APR
2022-07-07 06:12:47 UTC 15195 Read
Gate.io will launch a Daily BTC & USDT SharkFin SPECIAL Product with an annualized yield of 3%~18%. It will be available for subscription starting from 4:00 on July 7th to 8:00 on July 8th UTC. The total position reaches 300 BTC and 8,000,000 USDT, the lock-up period is 7 days, and the price range is $19,300 - $20,500. You're welcome to participate!

Earn Now: Daily BTC SharkFin SPECIAL & Daily USDT SharkFin SPECIAL!
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 ($19,300~$20,500), users can then earn a higher annualized income of 18%. At settlement, the closer the prices of the target asset price are to the upper limit ($20,500) 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 $19,300, or higher than $20,500), the user can obtain a guaranteed return of 3%.

Specifications of the Daily SharkFin_Special_20220707 Product
1. Lockup currency: Choose either BTC or USDT
2. Return: floating interest rate, ranging from 3%-18% APR
3. Interest currency: depend on lockup currency
4. Subscription Time: July 7th 4:00 - July 8th 4:00 (UTC time)
5. Lockup period: 7 days
6. Interest calculation start time: 4:00 on July 8th, (UTC time)
7. Settlement Time: 6:00 on July 15th (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 18% 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 6:00 on July 15th 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
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
July 7th,2022
Share Posts
Related Articles
Gate.io Startup:Artrade (ATR) Sale Result & Listing Schedule Gate.io Startup:Zeepr (ZEEP) Initial Sale Result & Listing Schedule Gate.io Startup:Legends of Elysium (LOE) Initial Sale Result & Listing Schedule... Gate.io HODL & Earn: Lock DMR To Earn 150% APR Gate.io HODL & Earn: Lock NIBI To Earn 150% APR Gaming & Inscription Assets Market Making : EZswap Protocol (EZSWAP) Trading Competition is Live, Jo...
Language and Region
Exchange Rate
Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.io.