Gate HODL& Earn Launches “SharkFin USDT 8-Day No.2”, Estimated Reward of 3%-20% P.A.

Gate HODL& Earn has launched “Shark Fin USDT 8-Day No.2” on December 27th, at 04:00 AM UTC, with an estimated return of 3%-20% P.A. The total lock-up amount is capped at 2,000,000 USDT, with a lock-up period of 8 days. The shark fin product is principal protected.





Participate in via https://www.gate.com/hodl/1006 or Tap Finance on markets screen and then tap “HODL&Earn”on the APP.





How does the Shark Fin USDT Weekly product bring you a return?

If at any time during the lifetime of the shark fin product, BTC price is equal to or below $48,000, or is equal to or above $53,500, the investor will get a minimum return （3%） on their principal at maturity.

If during the entire lifetime of the shark fin product, BTC price always stays within the per-specified range （$48,000-$53,500）, investors will get a return up to 20% APR. （The closer to the $53,500 level, the higher the return rate）.







Specifications of Shark Fin USDT 8-Day No.2

1. Lockup currency USDT
   
2. Zero handling fee.
   
3. Return: floating interest rate, ranging from 3%-20% APR
   
4. Interest currency: USDT
   
5. Subscri-ption starts-Lockup ends: 2021-12-27 04:00 AM — 2022-01-04 04:00 AM（UTC+8）
   
6. Lockup period: 8 days
   
7. Settlement Time: 2022-01-04 08:00 AM（UTC+8）
   
8. If at any time, the price is above or below the per-specified price range, the product is settled on a 3% APR. If prices always stay within the price range, the return rate will be determined according to where the underlying asset settlement price falls on Deribit at 8:00 AM UTC on Jan 4th.
   
9. If the market fluctuates drastically before the observation period starts,, we will adjust the price range to maximize investors’ return.
   
   
   
   
   
   
   
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   Gate Team
   
   December 27th