Gate.io Daily ETH SharkFin Special_2022/07/15 Launched: Earn up to 18% APR

Gate.io will launch a Daily ETH SharkFin SPECIAL Product with an annualized yield of 1.5%~18%. It will be available for subscription starting from 4:00 on July 14th to 4:00 on July 15th UTC. The total position reaches 300 ETH, the lock-up period is 7 days, and the price range is $1,080 - $1,200. You're welcome to participate!

Earn Now: Daily ETH SharkFin SPECIAL!
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How does the new Daily ETH 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 ($1,080~$1,200), users can then earn a higher annualized income of 18%. At settlement, the closer the prices of the target asset price are to the upper limit ($1,200) 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 (lower than $1,080, or higher than $1,200), the user can obtain a guaranteed return of 1.5%.

Specifications of the Daily ETH SharkFin_Special_20220715 Product
1. Lockup currency: Choose either ETH
2. Return: floating interest rate, ranging from 1.5%-18% APR
3. Interest currency: depend on lockup currency
4. Subscription Time: July 14th 4:00 - July 15th 4:00 (UTC time)
5. Lockup period: 7 days
6. Interest calculation start time: 4:00 on July 15th, (UTC time)
7. Settlement Time: 6:00 on July 22nd (UTC time)
8. Observation price: refer to the ETH/USDT perpetual contract price on Gate.io
9. If at any time during the observation period, the price is below the per-specified price range, the product is settled on a 1.5% APR; if the price is above the per-specified price range, the product is settled on a 18% APR. If prices always stay within the price range, the return rate will be determined according to where ETH/USDT perpetual contract price falls on Gate.io at 6:00 on July 22nd UTC.

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
July 14th,2022