• Notifications Markets & Prices
      View more
    • Language & Exchange Rate Switch
    • Preference Settings
      Rise/fall colour
      Time of the change range (from - to)
    Coin Price 24h %
    Back To

    Gate.io Bearish SharkFin Hit The Price Range: The Final Annualized Yield is 13.81%!

    Create Time:2022-09-23 10:05:21 UTCRead:8231

    Bearish SharkFin has been a popular product of Gate.io, and the latest one hit the range! Participants can earn up to 13.81%!

    Gate.io launched "Bearish Sharkfin_ETH_20220916" on September 15th on the structured products page. During the observation period, the BTC price always stayed within the per-specified price range [$1200 - $1500] and hit the high-yield range. Users who have successfully participated in these two products can get a high annualized income of SharkFin% at settlement!


    How to calculate the hit-range yield:
    =1.00%+(1500-Settlement price at the expiration)/(1500-1200)*(25.00%-1.00%)
    =1%+(1500-1339.85)/(1500-1200)*(25%-1%)
    =13.81%

    *Gate.io Structured Products Observation Mechanism:
    It is a mechanism to observe whether the observation prices have knocked out the price range during the specified period or not. However, the mechanism is inapplicable to the price fluctuations during the non-observation period. That’s to say, even if the prices have knocked out the price range during the non-observation period, we regard it as the situation of failing to knock out the price range. The price observation mechanism offers users a greater chance to obtain high returns. (The knock-out range means the price goes beyond the upper price or falls below the lower price.)
    A high yield can be obtained since the prices knocked out the price range while they were not in the observation period.





    Join Gate.io HODL & Earn Telegram Group. 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.
    Subscription to become a Gate Live Stream Host is now open! We welcome both experienced and novice steamers to share their experiences on the platform. Don't miss the chance to unleash your creativity and become a star. Lots of substantial benefits, including red packets and donations from users, are waiting for you. Apply now!

    Focus on GateEarn Live: Learn to Earn in a Secure and Easy Way
    Room 👉 : GateEarn Live Special
    Time: 4:00 UTC & 10:00 UTC, Every Thursday

    Gateway to Crypto
    Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io

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

    Reach out to us!

    Gate.io Team
    September 23rd,2022

    Share with:
    gate.io APP

    gate.io APP 2.0

    gate.io APP 2.0
    Download
    language and region
    exchange rate

    Select language and region

    • 简体中文
    • English
    • Tiếng Việt
    • 繁體中文
    • Español
    • Русский язык
    • Français
    • Deutsch
    • Português (Portugal)
    • ภาษาไทย
    • Indonesia
    • Türkçe
    • 日本語
    • عربي
    • Українська
    • Português (Brasil)
    • Nederlands