As of today, Gate.io listed three Sharkfin products, the Daily BTC & USDT SharkFin and Daily ETH SharkFin. They are principal protected and offer users a guaranteed return of 1.5% – 16%. The subscription starts at 04:00 on August 31st, 2022 (UTC). We welcome you all to participate!
How do Sharkfin products bring you a return?
During the observation period, if the price of the target asset stays within the per-specified price range, investors can earn a higher annualized return. At settlement, the closer the target asset prices are to the upper limit of the price range, the higher the annual return.
During the observation period, if the price of the target asset has gone beyond the price range, users can obtain a guaranteed return. If, at 4:00 UTC on the settlement day, the price is above or below the per-specified price range, the product will be settled at the minimum annualized rate of return. If the price always stays within the price range, the rate of return will be determined according to where the BTC/USDT/USDT perpetual contract price falls on Gate.io at 4:00 UTC on the settlement day.
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August 31st, 2022