Who compensates for our Future orders. It is not transparent and unfair to traders.
笑cry啦啦啦啦啦
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Bullish
GPS Compensation Plan Dear Gofam, we deeply understand and value your concerns regarding the recent fluctuations in the price of $GPS tokens. 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 remediation 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 process is completed, these funds will be transferred under the control of Binance. We promise: - To use these funds for a $GPS token buyback over 90 days, complying with laws and regulations as well as market rules, to support healthy market development. - To optimize market liquidity through this buyback plan, reduce the impact of early market-making activities, and rebuild market confidence. - To ensure that the buyback process is transparent and compliant, regularly updating the community with information and maintaining close communication with relevant parties. Buyback principles: - Method: Place limit orders on the Binance GPS/USDT trading pair - Frequency: Multiple small purchases daily to avoid causing market fluctuations - Token destruction: All repurchased tokens will be permanently destroyed to prevent future impacts on the market. The entire transfer and destruction process will be executed on-chain and publicly visible. The basic multi-signature address for receiving repurchased tokens is: 0xeADB0F37FC39611800826AE61$#GPS
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