Gate.io Daily Shark Fin Hit The Price Range: The Final Annualized Yield is Up To 15.5%!

Gate.iolaunched"DailySharkFin_USDT_20220317"and"DailySharkFin_BTC_20220317"at8:00AMonMarch17thUTConthestructuredproductspage.Duringtheobservationperiod,theBTCpricealwaysstayedwithintheper-specifiedpricerangeandhitthehigh-yieldrange.Userswhohavesuccessfullyparticipatedinthesetwoproductscangetahighannualizedincomeof15.5%atsettlement!Howtocalculatethehit-rangeyield:Settlementprice=$42,693(theopeningpriceofGate.ioBTC/USDTperpetualcontractat4:00onMarch24,UTC)Finalannualizedyield=3%(period-endsettlementprice-lowerprice)/(upperprice-lowerprice)*(16%-3%)=3%(42693.00-39000)/(42840-39000)*(16%-3%)=15.50%*Gate.ioStructuredProductsObservationMechanism:Itisamechanismtoobservewhethertheobservationpriceshaveknockedoutthepricerangeduringthespecifiedperiodornot.However,themechanismisinapplicabletothepricefluctuationsduringthenon-observationperiod.That’stosay,evenifthepriceshaveknockedoutthepricerangeduringthenon-observationperiod,weregarditasthesituationoffailingtoknockoutthepricerange.Thepriceobservationmechanismoffersusersagreaterchancetoobtainhighreturns.(Theknock-outrangemeansthepricegoesbeyondtheupperpriceorfallsbelowthelowerprice.)Ahighyieldcanbeobtainedsincethepricesknockedoutthepricerangewhiletheywerenotintheobservationperiod.UserscangototheGate.ioofficialwebsitetoexperienceavarietyofnewhigh-yieldfinancialproducts.Wewillreleasenewarrivalseveryday.ViewmoreonStructuredFinancialProductsGate.ioisaCryptocurrencyTradingPlatformSince2013Topranking,Trustworthy,TransparentSignuptoenterthecryptogatewayandget40%commissionfromreferralsDownloadiOS/AndroidApprightnow.Reachouttous!Twitter:https://twitter.com/gate_ioTelegram:https://t.me/gate_ioInstagram:https://www.instagram.com/gateioglobalMedium:https://medium.com/@gateioPodcast:https://gateio.buzzsprout.com/?ch=buzzsGate.ioTeamMarch24

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