On March 11, GoPlus Security officially announced that in response to the recent fluctuations in the price of $GPS tokens, the GoPlus team announced a number of remedial measures. First, the 4.34 million USDT market market-making funds frozen in Binance will be used for a 90-day token repurchase and permanent destruction. Secondly, an additional US$2 million will be allocated to directly compensate users who net purchased $GPS on the Binance platform from 21:00:00 on March 4 to 17:55:59 (UTC+ 8). The compensation will be paid in the form of USDC within 30 days. In addition, GoPlus will also take a snapshot of pledged users on March 13 and provide additional rewards in the next season's airdrop. The team also stated that it would accelerate the development of the "safe fuel fee" model, optimize liquidity management, and launch a governance voting interface to enhance the practicality of tokens.