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Gate.io Structured Products Launch the 1st Bullish Shark Fin Product Phase: With An Annualized Yield of Up To 25%
Gate.io Structured Products Launch the 1st Bullish Shark Fin Product Phase: With An Annualized Yield of Up To 25%
2022-03-02 18:19:39 UTC
57441 Lido
Gate.io Structured Products will launch the first Bullish Shark Fin product phase which are available for subscription starting from 4:00 on March 3rd to 13:00 on March 3rd UTC, with an annualized yield of 2%~25%. The total position reaches 2,000,000 USDT, the lock-up period is 7 days, and the price range is $46,000 - $50,000.
Participate in the first Bullish Shark Fin products phase: https://www.gate.io/structured_financial/BullishSharkFin/11
Users can go to the Gate.io official website as of right now to experience a variety of new high-yield financial products. Gate.io will release new arrivials at 4:00 a.m. UTC daily.
View more on Structured Financial Products
How does the Bullish Shark Fin product generate a return on investment?
1) During the observation period, if the prices of the target asset always stay within the per-specified price range ($46,000~$50,000), 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($50,000) 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 (≥ $50,000), the user will obtain a medium yield(8%).
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 (≤ $46,000), the user will obtain the guaranteed yield rate(2%).
Specifications of the SharkFinCall_USDT_20220303 Product
1. Lockup currency: USDT
2. Return: floating interest rate, ranging from 2%-25% APR
3. Interest currency: USDT
4. Subscription Time: March 3rd 4:00 - March 3rd 13:00 (UTC time)
5. Lockup period: 7 days
6. Interest calculation start time: 8:00 on March 3rd, UTC time
7. Settlement Time: 8:00 on March 10th, UTC time
8. Observation period: 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 2% APR; the price is above the per-specified price range, the product is settled on a 8% 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 Deribit at 8:00 on Mar 10th UTC.
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
March 2
Participate in the first Bullish Shark Fin products phase: https://www.gate.io/structured_financial/BullishSharkFin/11
Users can go to the Gate.io official website as of right now to experience a variety of new high-yield financial products. Gate.io will release new arrivials at 4:00 a.m. UTC daily.
View more on Structured Financial Products
How does the Bullish Shark Fin product generate a return on investment?
1) During the observation period, if the prices of the target asset always stay within the per-specified price range ($46,000~$50,000), 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($50,000) 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 (≥ $50,000), the user will obtain a medium yield(8%).
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 (≤ $46,000), the user will obtain the guaranteed yield rate(2%).
Specifications of the SharkFinCall_USDT_20220303 Product
1. Lockup currency: USDT
2. Return: floating interest rate, ranging from 2%-25% APR
3. Interest currency: USDT
4. Subscription Time: March 3rd 4:00 - March 3rd 13:00 (UTC time)
5. Lockup period: 7 days
6. Interest calculation start time: 8:00 on March 3rd, UTC time
7. Settlement Time: 8:00 on March 10th, UTC time
8. Observation period: 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 2% APR; the price is above the per-specified price range, the product is settled on a 8% 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 Deribit at 8:00 on Mar 10th UTC.
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
March 2
