Gate. io 33rd BTC SharkFin's Stayed Within the Ideal Range, Locked 6 Days Interest Rate up to 14.83% Announcement
The interest has been paid to user accounts. Users can go to “Billing Details” to view the rewards they have received.
Gate.io Weekly BTC Sharkfin Product #33 Revenue Calculation:
The settlement price: $47867.53
The settlement annualized = 3%+（47867.53-41500）/（48500-41500）*（16%-3%）=14.83%
Every Saturday at 12 noon, Gate.io HODL& Earn will launch a new issue of its BTC SharkFin product. The 34th phase of SharkFin structured product will be launched next Saturday (18 September) 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.
Participate via https://www.gate.io/hodl/767
What is a Shark Fin Product?
Gate.io Shark Fin is a capital protected investment product. If the underlying asset price is within the pre-specified range, the investor will get a higher yield. Otherwise, the investors will get a minimum return (about 3% APR).
Gate.io is a Cryptocurrency Trading Platform Since 2013
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September 17th, 2021
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