Gate. io 1st USDT SharkFin's Stayed Within the Ideal Range, Locked 6 Days Interest Rate up to 9% Announcement

The “Gate.io Weekly USDT Sharkfin Product #1” launched on Dec 14th, 04:00 am UTC. During the observation period, the price of BTC has always been in the range of [$44,500-$50,000], hitting the high-yield area. The settlement price of this Sharkfin product is $46,441.49. Congratulations to participating users who can get 9% annualized USDT revenue in 6 days.

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

Gate.io Weekly USDT Sharkfin Product #1 Revenue Calculation:
The settlement price of BTC: $46,441.49
The settlement annualized = 3%+(46957.18-44500)/(50000-44500)*(20%-3%)= 9%
Details: https://www.gate.io/article/24284

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Gate.io Team
December 21st