Gate.io will launch a Daily SharkFin Saturday Special product under USDT with an annualized yield of 3%~25%. It will be available for subscription starting from 4:00 on March 19th to 15:00 on March 20th UTC. The total position reaches 100,000,000 USDT, the lock-up period is 6 days, and the price range is $39,000 - $42,840. You're welcome to participate!

　　View more details at https://www.gate.io/structured_financial/sharkFin2/39

　　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 4:00 a.m. UTC daily.

　　View more on Structured Financial Products

　　How does the new Daily SharkFin product generate a return on investment？

　　During the observation period, if the prices of the target asset stay within the per-specified price range , users can then earn a higher annualized income of 25%. At settlement, the closer the prices of the target asset price are to the upper limit of the price range, the higher the annual return.

　　During the observation period, if the prices of the target asset have gone beyond the price range , the user can obtain a guaranteed return of 3%.

　　Specifications of the Daily USDT SharkFin_Saturday Special_20220319 Product

　　1. Lockup currency: USDT

　　2. Return: floating interest rate, ranging from 3%-25% APR

　　3. Interest currency: USDT

　　4. Subscription Time: March 19th 4:00 - March 20th 15:00

　　5. Lockup period: 6 days

　　6. Interest calculation start time: 8:00 on March 19th, UTC time

　　7. Settlement Time: 8:00 on March 25th, UTC time

　　8. Observation price: refer to the underlying asset settlement price on Deribit

　　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 at 8:00 on Mar 25th UTC.

　　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.

　　Reach out to us!

　　Twitter: https://twitter.com/gate_io

　　Telegram: https://t.me/gate_io

　　Instagram：https://www.instagram.com/gateioglobal

　　Medium：https://medium.com/@gateio

　　Podcast: https://gateio.buzzsprout.com/？ch=buzzs

　　Gate.io Team

　　March 18