Overview

Product Introduction

Snowball with Floor is a kind of snowball product designed to limit the maximum loss in the event of a significant market downturn.

Product Features

• Designed for conservative investors, this product controls the maximum loss while providing the potential for significant returns.

• Offers 25% downside protection. If the target asset's value doesn't decrease by 25%, investors receive coupons.

• The maximum decrease in the underlying asset's value should not exceed the spot price, and under no circumstances should the maximum loss exceed 10%.

Product Parameters

Issuer	VETA Ltd
Notional Principal	Denominated in a U.S. dollar stablecoin, typically USDC
Duration	180 days (redemption is not allowed during operation)
Underlying Asset	BTC、ETH
Floor Clause	90%
Expected APY	10%(subject to the product parameters of each issue)
Knock-In Level	75% (observed in real-time)
Knock-Out Level	105% (observed monthly)

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.