Gate.iolaunched"DailySharkFin_BTC_20220803"and"DailySharkFin_USDT_20220803"at4:00AMonAugust2ndonthestructuredproductspage.Duringtheobservationperiod,theBTCpricealwaysstayedwithintheper-specifiedpricerangeandhitthehigh-yieldrange.Userswhohavesuccessfullyparticipatedinthesetwoproductscangetahighannualizedincomeof3.41%atsettlement!ParticipateNow:https://www.gate.io/structured_financial/home/marketHowtocalculatethehit-rangeyield:Settlementprice=$22,847.60(theopeningpriceofGate.ioBTC/USDTperpetualcontractat4:00onAugust10th,UTC)Finalannualizedyield=3%(period-endsettlementprice-lowerprice)/(upperprice-lowerprice)*(16%-3%)=3%(22,847.60-22,800)/(24,300-22,800)*(16%-3%)=3.41%*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.ioTeamAugust10th,2022
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