Gate. io 46th BTC SharkFin's Stayed Within the Ideal Range, Locked 6 Days Interest Rate up to 7.56% Announcement

The “Gate Weekly BTC Sharkfin Product #46" launched on Dec 11th, 10:00 am UTC. During the observation period, the price of BTC has always been in the range of [$44,500-$51,500], hitting the high-yield area. The settlement price of this Sharkfin product is $46,957.18. Congratulations to participating users who can get 7.56% annualized BTC revenue in 6 days, and the total interest benefit exceeded $17,412.





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





Gate Weekly BTC Sharkfin Product #46 Revenue Calculation:

The settlement price: $46,957.18

The settlement annualized = 3%+(46957.18-44500)/(51500-44500)*(16%-3%)= 7.56%

Details: https://www.gate.com/article/24214





Every Saturday, Gate HODL& Earn will launch a new issue of its BTC SharkFin product, and the total lock-up amount is capped at 300 BTC, with a lock-up period of 6 days.







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Gate Team

December 20th