Binance Pool will launch the 34th phase of Dual Investment products on 2021-03-17 (UTC).
- Subscription Format: First-come, first-served basis.
- Subscription Period: 2021-03-17 4:00 AM – 2021-03-18 4:00 AM (UTC)
Dual Investment Product Details
|Digital Asset||Days||Annualized Interest Rate||Ref. Strike Price (USD)||Limit||Delivery Date|
|BTC||15 Days||95%||$58,500||60 BTC||2021-04-02|
|BTC||15 Days||68%||$61,000||60 BTC||2021-04-02|
|BTC||15 Days||30%||$70,000||70 BTC||2021-04-16|
|USDT||15 Days||88%||$53,500||1,000,000 USDT||2021-04-02|
|USDT||15 Days||55%||$51,000||1,000,000 USDT||2021-04-02|
|USDT||15 Days||69%||$53,500||1,000,000 USDT||2021-04-16|
|BUSD||15 Days||88%||$53,500||1,000,000 BUSD||2021-04-02|
|BUSD||15 Days||55%||$51,000||1,000,000 BUSD||2021-04-02|
|BUSD||29 Days||69%||$53,500||1,000,000 BUSD||2021-04-16|
Example: A user buys a share of a Dual Investment product worth 1 BTC (the strike price is $X and the annualized interest rate return is Y%). When the product expires on the delivery date:
- If the BTC settlement price the strike price, then the user’s settlement currency will be BUSD. The user will receive 1 * X * (1 + Y% / 365 * deposit days) BUSD.
- If the BTC settlement price is < the strike price, then the user’s settlement currency will be BTC. The user will receive 1 * (1 + Y% / 365 * deposit days) BTC.