Earn Now: ETH SharkFin
Join Gate.io HODL & Earn Telegram Group
How does the new 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~$1,230), users can then earn a higher annualized income of 16%. At settlement, the closer the prices of the target asset price are to the upper limit ($1,230) 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 $1,230), the user can obtain a guaranteed return of 1.5%.
Specifications of the ETH SharkFin_2022/07/16
1. Lockup currency: Choose either ETH
2. Return: floating interest rate, ranging from 1.5%-16% APR
3. Interest currency: ETH
4. Subscription Time: July 15th 4:00 - July 16th 4:00 UTC
6. Interest calculation start time: 4:00 on July 16th UTC
7. Settlement Time: 4:00 on July 23rd UTC
8. Observation price: refer to the ETH 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 16% APR. If prices always stay within the price range, the return rate will be determined according to where ETH perpetual contract price falls on Gate.io at 6:00 on July 23rd UTC.
Gateway to Crypto
Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io
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/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
July 15th，2022