Dear users:
MXC will launch the 4th "DOT | Shark Fin" financial products soon. Welcome to join. The details are as follows:
Subscription:
Web: Homepage > MX DeFi> DeFi Mining > DOT | Shark Fin
APP: Homepage > MX DeFi> DeFi Mining > DOT | Shark Fin
Subscription period:
14:00, January 14 - 16:00, January 16 (UTC+8)
DOT| Shark Fin Financial Product
Locking-up term: 6 days
Hard cap: 100,000 DOT
Entry standard for per user: 10 DOT
The highest estimated annualized return: 20%
Explanation:
Case 1: If the DOT price in the lock-up period was ≤10.5 or ≥12.5, the investor will receive 3% annualized return at maturity.
Case 2: If the DOT is always in the range of 10.5~12.5 during the period, the investor will obtain an annualized return of 15%~20% at maturity. The closer the price is to 12.5 at maturity, the higher the return for the investor.
Yield Distribution: The yield will be DOT and the principal and yield will be unlocked and distributed on the next day after maturity.
Note:
1. If the market conditions fluctuate sharply before the value date,MXC reserves the right to adjust the hooked price range to ensure the interest of users.
2. Observation period: 20:00, January 16 - 20:00, January 22 (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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