Dear Gofam, We deeply understand and value your concerns regarding the recent $GPS token price fluctuations. As a project dedicated to Web3 security, we have always considered the trust of our community to be our most valuable asset. To express our gratitude for your continued support and reaffirm our commitment to the long-term development of the GoPlus project, we hereby announce the following remedial and improvement plans: 1. Market Maker Fund Repurchase Commitment The USDT assets (current balance of 4.34M USDT) generated from $GPS trading in the original market maker's account have been frozen by Binance. Once regulatory procedures are completed, these funds will be transferred to our control. We commit to: - Using these funds for $GPS token repurchases over 90 days, in compliance with legal regulations and market rules, to support healthy market development. - Optimizing market liquidity, reducing the impact of previous market-making activities, and rebuilding market confidence through this repurchase plan. - Ensuring the repurchase process is transparent and compliant, with regular updates to the community and close communication with relevant parties. Repurchase Principles: - Method: Limit orders on the Binance GPS/USDT trading pair - Frequency: Multiple small purchases daily to avoid causing market volatility - Token Burning: All repurchased tokens will be permanently burned to prevent future market impact. The entire transfer and burning process will be executed and publicly visible on-chain. The BASE multisig address for receiving repurchased tokens is: 0xeADB0F37FC39611800826AE618522284398DFDa0 Transparency Principles: - Regular publication of repurchase progress, including funds used, average purchase price, and quantity purchased - Repurchase and burning announcements in official GoPlus community channels - The exchange will monitor the entire repurchase process to ensure all operations comply with applicable laws and regulations 2. Additional Compensation Plan The GoPlus team recognizes that there is still room for further optimization in market management, risk assessment, ecosystem governance mechanisms, and market maker behavior standards after token listing. To actively address community concerns and protect users' interests, the team has allocated $2 million in additional funds for direct compensation to users. This compensation will be distributed directly through Binance to users who made net purchases between March 4th at 21:00:00 and March 5th at 17:55:59 (UTC+8) on Binance platform. Eligible users will receive their share of $2 million in USDC. Eligibility Criteria: - Qualifying Period: Users who made net purchases of $GPS tokens between March 4th at 21:00:00 and March 5th at 17:55:59 (UTC+8) on Binance platform - Net Buyer Definition: Total $GPS tokens purchased minus total $GPS tokens sold during the qualifying period must be positive Note: Both Spot and Margin users are included in this compensation plan. Compensation Calculation: Proportional Distribution Formula: - Individual Compensation = [User's Net Purchase Value (equivalent in $USDT) ÷ Total Net Purchase Value of All Eligible Users(equivalent in $USDT)] × $2,000,000 USDC - Net Purchase Value = GPS net buy qty * avg buy price during the period - GPS net buy qty = Total GPS bought – Total GPS sold - Avg buy price during the period = (Total amount spent in USDT) ÷ (Total GPS bought) Distribution Process: - Compensation will be distributed directly to users' Binance Spot wallets in USDC, no action required from users to receive compensation - Compensation token will be distributed to users’ Spot Accounts within 30 days (by April 11th) 3. Staking User Incentive Plan We deeply appreciate community members who staked $GPS tokens at higher prices and demonstrated confidence in the project. To thank these steadfast supporters: - On March 13 at 10:00 UTC, we will take a snapshot of all staking wallets, recording staking duration and amount - These loyal stakers will receive additional $GPS token allocations in next season's airdrop - The specific distribution ratio will be determined based on staking duration and amount, and we will airdrop SBTs to all snapshot wallets as on-chain proof We thank them for standing with GoPlus during this critical time and facing challenges together. 4. Token Utility Enhancement The practical application scenarios of $GPS tokens remain our core focus: - We are accelerating the development of the "Security Gas Fee" model, which will soon allow users to directly use $GPS for security services - The GoPlus plugin product will soon undergo a major upgrade, bringing more practical value to token holders - Recognizing the importance of community, we will soon launch a governance voting interface where $GPS holders can vote directly using $GPS 5. Liquidity Management Optimization To ensure market liquidity, stability, and trading depth, we are adjusting our market maker relationships to ensure more transparent, efficient, and compliant market operations: - We are currently in discussions with several professional liquidity providers to ensure a healthy and orderly trading environment - We are strengthening market maker supervision mechanisms and enhancing risk control capabilities The GoPlus team will continue to focus on building the security layer for Web3, protecting your every transaction. We firmly believe that as product features continue to enrich and the ecosystem expands, the value of the token will be fully reflected. We appreciate the community's understanding and support at this stage and invite everyone to continue participating in the construction of the GoPlus ecosystem.

🎮 ACHIEVEMENT UNLOCKED 🎮 >> $GPS AIRDROP << ✨ 500,000+ Wallets Claimed ✨ To be continued...

Billions flowing into crypto these days, but the on-chain space is flooded with phishing, scams & exploits. ⚠️ DYOR, verify contracts, protect your keys. 🔐 On-chain security isn't optional - it's essential.

GoFam🌑

>>Season 1 Airdrop<< ∞ OFFICIAL CHECKER ∞ [ 16.01.2025 ] : [ 7 AM ] : [ UTC +0 ] ∞ OKX EARLY CHECKER ∞ OKX Wallet: okx.com/ul/4T1yGd Mini APP: bit.ly/3Wl1Ez8 bit.ly/3Wl1Ez8