Gate.io HODL& Earn Launches “SharkFin BTC6-Day No.24”, Estimated Reward of 3%-16% P.A. Gate.io HODL& Earn will launch its 23th shark fin structured product“Shark Fin BTC 6-Day No.24” on July 10th, at 4:00 AM UTC, with an estimated return of 3%-16% P.A. The total lock-up amount is capped at 300 BTC, with a lock-up period of 6 days. The shark fin product is principal protected. Participate in via https://www.gate.io/hodl/647 or Tap Finance on markets screen and then tap “HODL&Earn”on the APP. How does the Shark Fin BTC Weekly product bring you a return? If at any time during the lifetime of the shark fin product, BTC price is equal to or below $30,500, or is equal to or above $37,500, the investor will get a minimum return (3% ) on their principal at maturity. If during the entire lifetime of the shark fin product, BTC price always stays within the per-specified range ($30,500-$37,500), investors will get a return up to 16% APR. (The closer to the $37,500 level, the higher the return rate). Specifications of Shark Fin BTC 6-Day No.24 1. Lockup currency BTC 2. Zero handling fee. 3. Return: floating interest rate, ranging from 3%-16% APR 4. Interest currency: BTC 5. Subscri-ption starts-Lockup ends: Saturday 4:00 AM-next Saturday 4:00 AM 6. Lockup period: 6 days 7.Settlement Time: 3:00-4:00 AM UTC , Saturday 8. Observation period: Saturday 12:00 PM- next Friday 12:00 PM UTC 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 the underlying asset settlement price falls on Deribit on Friday 8:00 AM UTC. 10 If the market fluctuates drastically before the observation period starts,, we will adjust the price range to maximize investors’ return. 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. Follow us on social Twitter: https://twitter.com/gate_io Telegram：https://t.me/gateio Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio Gate.io Team Jun 21st, 2021