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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