1. What is Seagull?
Seagull is a non-guaranteed structured financial product that releases high yield potential in volatile markets. You can invest in BTC, ETH, or USDT, taking advantage of market trends to enjoy the returns brought by the volatility of the underlying assets.
Comment
2. Product Terms
Expiration Price: The average price of the underlying asset within 30 minutes before the product's expiration.
Benchmark Price: A preset reference price used to determine whether enhanced returns will be obtained. When investing in a bullish Seagull, if the expiration price is higher than the benchmark price, your final annualized return will be greater than the base return. When investing in a bearish Seagull, if the expiration price is lower than the benchmark price, your final annualized return will be greater than the base return.
Conversion Price: The price at which currency conversion occurs at product expiration. When investing in a bullish Seagull, if the expiration price is less than or equal to the conversion price, your invested USDT will convert into the underlying currency while receiving the base yield in the currency denomination. When investing in a bearish Seagull, if the expiration price is greater than or equal to the conversion price, your invested BTC or ETH will convert into USDT, simultaneously receiving the base yield in USDT.
3. Product Description
Your return from Seagull will be calculated based on the final annualized return derived from the comparison of the expiration price, benchmark price, conversion price, and maximum return price.
Bullish Seagull, invest in USDT
Bearish Seagull, invest in BTC or ETH
Risk Warnings
Digital asset transactions contain extremely high risks, and digital assets are traded uninterrupted throughout the day. The User should determine the suitability for investing digital assets products based on their own financial situation and risk preference.
Disclaimer
This article is for informational purposes and for reference only. The content of this report does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy, to residents in the Hong Kong SAR, the United States, Singapore and other countries or regions where such offers or solicitations may be prohibited by law. Digital assets transactions can be extremely risky and volatile. Investment decisions should be made after careful consideration of individual circumstances and consultation with financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this article. Although the content in this report has been taken from sources that are believed to be accurate, no warranty or representation is made by Matrixport as to its correctness, completeness, timeliness or accuracy.