Gate.io Structured Products will launch its 67th weekly shark fin structured product“Weekly Shark Fin BTC 7-Day No.67” on May 6th, 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 7 days. The weekly shark fin product is principal protected.

　　View more details at https://www.gate.io/structured_financial/sharkFin/109

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　　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 $36,500, or is equal to or above $40,300 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 7-Day No.67

　　1. Lockup currency BTC

　　2. Zero handling fee.

　　3. Return: floating interest rate, ranging from 3%-16% APR

　　4. Interest currency: BTC

　　5. Subscription Time: May 6th 10:00 - May 7th 10:00

　　6. Lockup period: 7 days

　　7.Settlement Time: 3:00-4:00 AM UTC , Saturday

　　8. Observation period: Friday 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.

　　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 5