Gate.io launched "Daily Shark Fin_USDT_20220309" and "Daily Shark Fin_BTC_20220309" at 8:00 AM on March 9th UTC on the structured products page. During the observation period, the BTC price always stayed within the per-specified price range [$36,500 - $41,000] and hit the upper limit price. Users who have successfully participated in these two products can get a high annualized income of 10.64% at settlement!

　　How to calculate the hit-range yield:

　　Settlement price = $39,146

　　Final annualized yield = 3% + /

　　= 3% + /

　　= 10.64%

　　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. That' s 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. The knock-out range means the price goes beyond the upper price or falls below the lower price.

　　Users can go to the Gate.io official website to experience a variety of new high-yield financial products. We will release new arrivals at 8:00 a.m. UTC daily.

　　View more on Structured Financial Products

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　　Gate.io Team

　　March 17