• Notifications Markets & Prices
      View more
    • Language & Exchange Rate Switch
    • Preference Settings
      Rise/fall colour
      Time of the change range (from - to)

    Gate.io Help Center

    Customer Support / Ticket

    Enter keywords to find answers
    Gate.io > Help Center > HODL & Earn > Hold&Earn
    More article in the group
    Structured Financial Products - Shark Fin Products
    Gate.io
    Updated at:4 days 17 hours ago
    Weekly Sharkfin Product

    What is a Weekly Sharkfin Product?
    Gate.io’s weekly shark fins are capital-protected investment products. New arrivals come to Gate.io every Saturday. The Weekly Sharkfin Product makes it easy for users to get started and has two revenue models. If the prices do not fall within a certain time period per-specified price range, users can earn a higher annualized yield. If the prices exceed the price range, users can still obtain a guaranteed yield rate.

    Gate.io's weekly shark fin currently supports BTC, with a 6-day lock-up and an annualized yield of 3%~16%. It is suitable for users who prefer low risk.
    Starting from the 63rd Weekly Shark Fin BTC, we will launch the Weekly Shark Fin products every Friday with a 7-day lockup period.


    How does the Weekly Shark Fin product bring you a return?
    There are two ways to make money with shark fins.
    1) During the observation period, if the prices of the target asset stay within the per-specified price range (i.e., the hit range), users can earn a higher annualized income. At settlement, the closer the prices of the target asset is to the upper limit of the price range, the higher the annual yield rate will be.
    .
    2) During the observation period, if the prices of the target asset have gone beyond the price range (i.e., the knock-out range), the user can obtain a guaranteed yield rate.

    Ways to Calculate Your Return (Example)

    If the weekly shark fin product is A is 3%~16% annualized and locked for 6 days and the price range is $43,500-$48,700. But the settlement price on January 1st is $47,072.56, the return will be calculated as follows:
    1) If the prices are in the hit range, the user can finally obtain a high annualized yield rate of 11.93%.

    Final yield = 3% + (settlement price - lower limit price) / (upper limit price - lower limit price) * (16% - 3%)
    = 3% + (47,072.56 - 43,500)/(48,700 - 43,500)*(16% - 3%)
    = 11.93%

    2) If the prices are in the knock-out range, the user can finally get a 3% guaranteed return.

    FAQ
    1. What is the difference between shark fin products and ordinary lock-up products?

    Both lock-up operations are the same. However, shark fin products have two settlement methods and offer a chance for users to win a higher annualized rate of return.

    2. What kind of market and user type is shark fin suitable for?
    Shark fin is a low-risk financial product. It is more suitable for the predicting market with less volatility and users who prefer low risk.

    3. How to calculate the interest with the known annualized yield?
    If the annualized yield is A, then: interest = annualized yield / 365 * lock-up days

    4. Will the determined price range be adjusted during this period?
    If the market fluctuates drastically before the observation period starts, we will adjust the price range to maximize investors’ return. During the real observation period, we will no longer make price adjustments.

    5. When will the interest be paid after the lock-up ends?
    Generally, the interest will be automatically paid on the same day after the interest is settled. However, if the settlement time is after 12:00 UTC+8 on the same day, the interest will be paid the next morning.

    6. What is the difference between Weekly Shark Fin and Daily Shark Fin?
    Weekly Shark Fin will be launched on Saturday every week. It only supports BTC, and the lock-up period is 6 days. For Daily Shark Fin, the launch time, the currencies supported, and the lock-up periods are more flexible.


    Daily Shark Fin

    What is Daily Shark Fin?
    Gate.io Daily Shark Fin product is a capital-protected product. It is actually the updated version of the Weekly Shark Fin product.

    In principle, Daily Shark Fin and Weekly Shark Fin products are the same. However, Daily Shark Fin is more flexible and richer in products than the Weekly Shark Fin product.

    Gate.io will launch Daily Shark Fin products from time to time, which support a variety of mainstream currencies and offer more options during the lock-up period and annualization.

    Daily Shark Fin product yield mode: within a certain period of time, if the prices stay within (not break/fall out) the per-specified price range, users can earn a higher annualized yield rate.

    If the prices exceed the price range, users can still obtain a guaranteed return.

    How does Daily Shark Fin product bring you a return?
    There are two ways to make money with Daily Shark Fin.

    1) During the observation period, if the prices of the target asset stay within the per-specified price range (i.e., the hit range), users can earn a higher annualized income. At settlement, the closer the prices of the target asset price are to the upper limit of the price range, the higher the annual return.
    2) During the observation period, if the prices of the target asset have gone beyond the price range (i.e., the knock-out range), the user can obtain a guaranteed return.



    How to Calculate Your Return (Example)
    If the Daily Shark Fin product B is 4%-18% annualized and locked for 5 days, and the price range is $47,500-$51,700. But the settlement price on January 2nd is $49,196.39, the return will be calculated as follows:
    1) If the prices are in the hit range, the user can finally obtain a high annualized rate of 8.25%.

    Final yield = 3% + (settlement price - lower limit price) / (upper limit price - lower limit price) * (16% - 3%)
    = 4% + (49,196.39 - 47,500)/(51,700 - 47,500)*(18% - 4%)
    = 9.65%

    2) If the prices are in the knock-out range, the user can finally get a 4% guaranteed return.



    FAQ
    1. What is the difference between Daily Shark Fin and Weekly Shark Fin?
    The Weekly Shark Fin will be launched on Saturday every week. It only supports BTC, and the lock-up period is 6 days;

    For Daily Shark Fin, the launch time, currency supported, and lock-up periods are more flexible.

    2. Will the determined price range be adjusted during this period?

    If the market fluctuates drastically before the observation period starts, we will adjust the price range to maximize investors’ return.

    During the real observation period, we will no longer make price adjustments.


    Bullish Shark Fin

    What is a bullish Shark fin product?
    Gate.io Bullish Shark Fin Product is a capital-protected product with 3 return models. It offers users a better chance to obtain high returns.

    Bullish shark fin product return mode: Within a certain period of time, if the prices fall below the lower limit of the price range, users will obtain a guaranteed yield rate; if the prices rise above the upper limit of the price range but always stayed within the lower limit price, users will finally receive a medium yield; If the prices are always between the lower limit and the upper limit of the price range, then: the user’ final maximum yield rate ≥ the guaranteed yield rate ≤ the maximum yield rate.



    How does the Bullish Shark Fin product bring you a return?
    There are 3 ways to make money.
    1) During the observation period, if the prices of the target asset always stay within the per-specified price range (i.e., the hit range), users can earn a higher annualized income (the guaranteed yield rate ≤ the final yield rate ≤ the maximum yield rate); At settlement, the closer the prices of the target asset are to the upper limit of the price range, the higher the annual return.
    2) During the observation period, if the prices of the target asset rose above the upper limit of the price range but didn’t fall out of the lower limit of the price range (i.e., knock-up range), the user will obtain a medium yield.
    3) During the observation period, if the prices of the target asset fell lower than the lower limit of the price range but didn’t go beyond the upper limit of the price range (i.e., knock-down range), the user will obtain the guaranteed yield rate.



    How to Calculate Your Return (Example)
    If the bullish shark fin product C is 4%~20% annualized and locked for 8 days, and the price range is $43,500-$48,700, and the settlement price on January 3rd is $47,008.87, the return will be calculated as follows:
    1) If the prices are in the hit range, users will finally obtain a high annualized yield of 12.41%.
    Final yield = 4% + (settlement price - lower limit price) / (upper limit price - lower limit price) * (20% - 4%)
    = 4% + (47,008.87 - 43,500)/(48,700 - 43,500)*(20% - 4%)
    = 12.41%
    2) If the prices only knock up the upper limit price, users can finally get a medium yield of 10%.
    3) If the prices only knock down the lower limit price, users can finally get a 4% guaranteed yield.

    FAQ
    1. What’s the difference between bullish shark fin products and other shark fin products?
    A: Bullish shark fins offer more ways to gain, and its users are more likely to obtain a high yield rate.

    2. How to calculate the interest with the known annualized yield?
    A: If the annualized yield rate is A, then the interest = annualized yield rate / 365 * lock-up days

    3. Will the determined price range be adjusted during the period?
    A: If the market fluctuates drastically before the observation period starts, we will adjust the price range to maximize investors’ returns. During the observation period, we will no longer make price adjustments.

    4. During this period, if the prices fell below the lower limit of the price range and rose above the upper limit of the price range, will the return be calculated based on the high or low yield rate?
    A: During the period, if the prices fell under the lower limit of the price range, the return will be calculated according to the lowest yield rate; if the prices only moved beyond the upper limit of the price range but didn’t fall below the lower limit of the price range, then the return will be calculated based on a medium yield.

    Can't find the answer you want?Submit a Ticket
    Back to top

    Gate.io > Help Center > Search Results

    search for “ ” returned: entries

    Can't find the answer you want?Submit a Ticket

    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
    • 繁体中文
    • Español
    • Русский язык
    • Français
    • Deutsch
    • Português (Portugal)
    • ภาษาไทย
    • Indonesia
    • Türkçe
    • 日本語
    • عربي
    • Українська
    • Português (Brasil)
    • Nederlands