Dear users:
MXC will launch "BTC | Shark Fin" and "USDT | Shark Fin" financial products soon. Welcome to join. The details are as follows:
Subscription:
Web: Homepage > MX DeFi> DeFi Mining > USDT | Shark Fin / BTC | Shark Fin
APP: Hompage > MX DeFi> DeFi Mining > USDT | Shark Fin / BTC | Shark Fin
Subscription period:
16:00, December 10 - 16:00, December 12 (UTC+8)
1. BTC | Shark Fin Financial Product
Locking-up term: 6 days
Hard cap: 25 BTC
Entry standard for per user: 0.005 BTC
Estimated annualized return: 3% - 24.5%
Explanation:
Case 1: If the BTC price in the lock-up period was ≤17,500 or ≥20,250, the investor will receive 3% annualized return at maturity.
Case 2: If the BTC is always in the range of 17,500~20,250 during the period, the investor will obtain an annualized return of 21.5%~24.50% at maturity. The closer the price is to 20,250 at maturity, the higher the return for the investor.
Yield Distribution: The yield will be BTC and the principal and yield will be unlocked and distributed on the next day after maturity.
2. USDT | Shark Fin Financial Product
Locking-up term: 6 days
Hard cap: 500,000 USDT
Entry standard for per user: 100 USDT
Estimated annualized return: 3% - 23.5%
Explanation:
Case 1: If the BTC price in the lock-up period was ≤17,500 or ≥20,250, the investor will receive 3% annualized return at maturity.
Case 2: If the BTC is always in the range of 17,500~20,250 during the period, the investor will obtain an annualized return of 21.5%~23.50% at maturity. The closer the price is to 17,500 at maturity, the higher the return for the investor.
Yield Distribution: The yield will be USDT and the principal and yield will be unlocked and distributed on the next day after maturity.
Note:
1. Settlement price: BTC/USDT price at 20:00 (UTC+8), December 18 at Deribit.
2. Observation period: 20:00, December 12 - 20:00, December 18 (UTC+8).
3. The assets is unavailable for trading or withdrawal during the lock-up period, and it cannot be unlock before maturity.
4. MXC reserve the right to adjust the return rate based on real situations and the final right to interpret the activity.
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