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Gate.io 50th BTC SharkFin's Stayed Within the Ideal Range, Locked 6 Days Interest Rate up to 11.29% Announcement

2022-01-14 10:41:35 UTCRead:19820

The “Gate.io Weekly BTC Sharkfin Product #50" launched on Jan 8th, 10:00 am UTC. During the observation period, the price of BTC has always been in the range of [$39,400-$44,600], hitting the high-yield area. The settlement price of this Sharkfin product is $42,716.16. Congratulations to participating users who can get 11.29% annualized BTC revenue in 6 days, and the total interest benefit exceeded $23,783.80.

The interest has been paid to user accounts. Users can go to “Billing Details” to view the rewards they have received.

Gate.io Weekly BTC Sharkfin Product #50 Revenue Calculation:
The settlement price: $42,716.16
The settlement annualized = 3%+(46957.18-39400)/(44600-39400)*(16%-3%)= 11.29%
Details: https://www.gate.io/article/24214

Every Saturday, Gate.io HODL& Earn will launch a new issue of its BTC SharkFin product. The 51st phase of SharkFin structured product will be launched this Saturday (Jan 15th) at 10:00 AM UTC, and the total lock-up amount is capped at 300 BTC, with a lock-up period of 6 days.
Participate via https://www.gate.io/hodl/1055

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Gate.io Team
January 14

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