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    New Structured Financial Product Launch: Get An Annualized Yield of Up To 18%!

    2022-02-17 02:06:46 UTCLido:72738
    Gate.io will launch a Shark Fin 2.0 product with an annualized yield of 3%~18%. It will be available for subscription starting from 4:00 on February 17th to 15:00 on February 17th UTC. The total position reaches 2,000,000 USDT, the lock-up period is 7 days, and the price range is $41,000 - $46,000. You're welcome to participate!

    View more details at https://www.gate.io/structured_financial/sharkFin2/4

    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 4:00 a.m. UTC daily.
    View more on Structured Financial Products


    How does the new Shark Fin 2.0 product generate a return on investment?
    During the observation period, if the prices of the target asset stay within the per-specified price range ($41,000~$46,000), 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 ($46,000) 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 $41,000, or higher than $46,000), the user can obtain a guaranteed return of 3%.


    Specifications of the SharkFin2.0_USDT_20220217 Product
    1. Lockup currency: USDT
    2. Return: floating interest rate, ranging from 3%-18% APR
    3. Interest currency: USDT
    4. Subscription Time: February 17th 4:00 - February 17th 15:00 (UTC time)
    5. Lockup period: 7 days
    6. Interest calculation start time: 8:00 on February 17th, UTC time
    7. Settlement Time: 8:00 on February 24th, 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 Feb 24th UTC.



    Gate.io is a Cryptocurrency Trading Platform Since 2013
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    Reach out to us!
    Twitter: https://twitter.com/gate_io
    Telegram: https://t.me/gate_io
    Instagram:https://www.instagram.com/gateioglobal
    Medium:https://medium.com/@gateio
    Podcast: https://gateio.buzzsprout.com/?ch=buzzs

    Gate.io Team
    February 16


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