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Gate.io Structured Products Launches “Weekly SharkFin BTC 6-Day No.60”, Estimated Reward of 3%-16% P.A.-公告-Gate.io 芝麻开门交易所

Gate.io

Tipo relacionado: Others

2022-03-17 17:37

  Gate.io Structured Products will launch its 60th weekly shark fin structured product“Weekly Shark Fin BTC 6-Day No.60” on Mar 19th, at 10:00 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 weekly shark fin product is principal protected.

  Gate.io HODL & Earn Telegram group is available now, join us through the link:

  https://t.me/gateio_hodl_en

  Participate in via https://www.gate.io/structured_financial/sharkFin/38

  How does the Weekly 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 $39,000, or is equal to or above $42,840 the investor will get a minimum return on their principal at maturity.

  If during the entire lifetime of the shark fin product, BTC price always stays within the per-specified range , investors will get a return up to 16% APR. .

  Specifications of Weekly Shark Fin BTC 6-Day No.60

  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 10:00 AM-next Saturday 10:00 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.

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  Gate.io Team

  March 17