Gate.io launched "Daily Shark Fin_USDT_20220512" and "Daily Shark Fin_BTC_20220512" at 4:00 AM on May 11th UTC on the structured products page. During the observation period, the BTC price always stayed within the per-specified price range [$29,000 - $33,000] and hit the high-yield range. Users who have successfully participated in these two products can get a high annualized income of 3.56% at settlement!

　　How to calculate the hit-range yield:

　　Settlement price = $29173.80

　　Final annualized yield = 3% + /

　　=3%+/

　　=3.56%

　　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. Thats 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.

　　A high yield can be obtained since the prices knocked out the price range while they were not in the observation period.

　　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

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　　Gate.io Team

　　May 20