Gate 53rd BTC SharkFin's Stayed Within the Ideal Range, Locked 6 Days Interest Rate up to 10.58% Announcement

The “Gate Weekly BTC Sharkfin Product #53" launched on Jan 29th, 10:00 am UTC. During the observation period, the price of BTC has always been in the range of [$35,700-$39,500], hitting the high-yield area. The settlement price of this Sharkfin product is $37,916.95. Congratulations to participating users who can get 10.58% annualized BTC revenue in 6 days, and the total interest benefit exceeded $19,791.34.





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 #53 Revenue Calculation:

The settlement price: $37,916.95

The settlement annualized = 3%+(37916.95-35700)/(39500-35700)*(16%-3%)= 10.58%

Details: https://www.gate.com/article/25019





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

February 7