Overview
Product Introduction
The "Shark-Fin option" contract operates within a predetermined price range for the underlying asset. If the underlying asset's price stays within the range throughout the specified period, the option is a regular call or put option. However, if the price of the underlying asset goes beyond the range, the option becomes null and void.
Product Features
Suitable for extremely conservative investors while also being able to capture short-term gains from upsides (downsides).
It has complete principal protection clauses, with 100% principal protection.
Participation in the upside (downside) of the targeted share is achieved with relatively low costs.
Bullish Shark Fin Product Parameters
Issuer
VETA Ltd
Notional Principal
U.S. dollar stable currency, usually USDC
Duration
28 days (redemption is not allowed during operation)
Underlying Asset
BTC、ETH
Principal Protection Clause
100% principal protection
Expected APY
2%-22% (subject to the product parameters of each issue)
Strike Price
102%
Knock-Out Level
110% (observed daily)
Bearish Shark Fin Product Parameters
Issuer
VETA Ltd
Notional Principal
U.S. dollar stable currency, usually USDC
Duration
28 days (redemption is not allowed during operation)
Underlying Asset
BTC、ETH
Principal Protection Clause
100% principal protection
Expected APY
2%-22%(subject to the product parameters of each issue)
Knock-In Level
98%
Knock-Out Level
90% (observed daily)
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.
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