Gate. io 40th BTC SharkFin's Stayed Within the Ideal Range, Locked 6 Days Interest Rate up to 11.97% Announcement

The “Gate Weekly BTC Sharkfin Product #40"
launched on October 30th, 4:00 am UTC. During the observation period,
the price of BTC has always been in the range of [$57,500-$64,500],
hitting the high-yield area. The settlement price of this Sharkfin
product is $62,328.68. Congratulations to participating users who can
get 11.97% annualized BTC revenue in 6 days, and the total interest
benefit exceeded $36,305.



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 #40 Revenue Calculation:

The settlement price: $62,328.68

The settlement annualized = 3%+（62,328.68-57500）/（64500-57500）*（16%-3%）= 11.97%

Details: https://www.gate.com/article/23385



Every Saturday, Gate HODL& Earn will launch a new
issue of its BTC SharkFin product. The 41st phase of SharkFin structured
product will be launched this Saturday (30 October) at 10:00 AM UTC, with an estimated return of 3%-16% P.A. The total lock-up amount is capped at 300 BTC, with a lock-up period of 6 days.

Participate via https://www.gate.com/hodl/859