Gate.iolaunched"DailySharkFin_USDT_20220421"and"DailySharkFin_BTC_20220421"at4:00AMonApril20thUTConthestructuredproductspage.Duringtheobservationperiod,theBTCpricealwaysstayedwithintheper-specifiedpricerangeandhittheupperlimitprice.Userswhohavesuccessfullyparticipatedinthesetwoproductscangetahighannualizedincomeof4.05%atsettlement!Howtocalculatethehit-rangeyield:Settlementprice=$39,321.80(theopeningpriceofGate.ioBTC/USDTperpetualcontractat4:00AMonApril28,UTC)Finalannualizedyield=3%(period-endsettlementprice-lowerprice)/(upperprice-lowerprice)*(16%-3%)=3%(39,321.80-43000)/(43000-39000)*(16%-3%)=4.05%*Gate.ioStructuredProductsObservationMechanism:Itisamechanismtoobservewhethertheobservationpriceshaveknockedoutthepricerangeduringthespecifiedperiodornot.However,themechanismisinapplicabletothepricefluctuationsduringthenon-observationperiod.That'stosay,evenifthepriceshaveknockedoutthepricerangeduringthenon-observationperiod,weregarditasthesituationoffailingtoknockoutthepricerange.Thepriceobservationmechanismoffersusersagreaterchancetoobtainhighreturns.Theknock-outrangemeansthepricegoesbeyondtheupperpriceorfallsbelowthelowerprice.Moreexcitingactivitiesarewaitingforyou!1.JoinGate.ioHODL&EarnTelegramgroup2.ParticipateintheGate.ioSharkFinContestviaTwitterUserscangototheGate.ioofficialwebsitetoexperienceavarietyofnewhigh-yieldfinancialproducts.Wewillreleasenewarrivalseveryday.ViewmoreonStructuredFinancialProductsGate.ioisaCryptocurrencyTradingPlatformSince2013Topranking,Trustworthy,TransparentSignuptoenterthecryptogatewayandget40%commissionfromreferralsDownloadiOS/AndroidApprightnow.Reachouttous!Twitter:https://twitter.com/gate_ioTelegram:https://t.me/gate_ioInstagram：https://www.instagram.com/gateioglobalMedium：https://medium.com/@gateioPodcast:https://gateio.buzzsprout.com/?ch=buzzsGate.ioTeamApril28
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