GPS Compensation Plan

Dear Gofam, we deeply understand and value your concerns about the recent fluctuations in the $GPS token price. As a commitment to Web3 security, we always regard the trust of the community as our most valuable asset. To thank you for your continued support and to reaffirm our commitment to the long-term development of the GoPlus project, we hereby announce the following remedial and improvement plan: 1. Market Maker Fund Buyback Commitment The USDT assets generated from $GPS trading in the original market maker account (current balance of 4.34 million USDT) have been frozen by Binance. Once the regulatory procedures are completed, these funds will be transferred under Binance's control. We commit to: - Using these funds for a $GPS token buyback over 90 days, complying with laws, regulations, and market rules to support healthy market development. - Optimizing market liquidity through this buyback plan, reducing the impact of early market-making activities, and rebuilding market confidence. - Ensuring the buyback process is transparent and compliant, regularly updating the community with information and maintaining close communication with relevant parties. Buyback principles: - Method: Place limit orders on Binance GPS/USDT trading pair - Frequency: Multiple small purchases each day to avoid causing market fluctuations - Token destruction: All repurchased tokens will be permanently destroyed to prevent future impact on the market. The entire transfer and destruction process will be executed on-chain and be publicly visible. The basic multi-signature address for receiving repurchased tokens is: 0xeADB0F37FC39611800826AE61$#GPS