Overview

Product Introduction

Regardless of the asset's performance, a fixed coupon can be obtained. Should the settlement price at maturity be lower than the knock-in price, there's an opportunity to construct a full-principal low-cost position. Compared to the initial benchmark price, this offers higher returns. Upon conversion to spot goods, you can enjoy the potential upside of the underlying asset, which can compensate for losses. The product has a stronger ability to resist declines. After a major drop, it can break even without bouncing back to the initial price.

Product Features

• This product is suitable for investors who have a long-term positive view on the underlying asset and desire to increase their holdings. It allows these investors to purchase more at lower prices in case of a decline, while also generating stable returns.

• This product's low-cost accumulation allows investors to capitalize on discounts when the asset's price falls.

Product Parameters

Issuer	VETA Ltd
Notional Principal	U.S. dollar stable currency, usually USDC
Duration	180 days (redemption is not allowed during tenor)
Underlying Asset	BTC、ETH
Expected APY	10% (subject to the product parameters of each issue)
Knock-Out Level	105%
Knock-in Level	80%
Put Strike Level	80%

Please note that these product specifications are provided for reference purposes only. The specific parameters of each product offering may vary, so please refer to the terms of the current product for details.