- $GPS is the foundation of the GoPlus Security Network, coordinating incentives across its decentralized infrastructure.
- GoPlus is moving from a centralized service provider to a decentralized security network with the launch of $GPS.
An important step toward improving web3 security has been taken with the launch of the native utility token by the GoPlus Foundation, the organization assisting in the development of the GoPlus Security ecosystem. $GPS is the foundation of the GoPlus Security Network, coordinating incentives across its decentralized infrastructure and enabling a new generation of security solutions that are intended to “Protect your every transaction.”
Leading web3 security organization GoPlus Foundation is committed to creating a safe and welcoming environment for blockchain developers and users. Users are safeguarded throughout their Web3 journey thanks to GoPlus security services, which cover the full transaction lifecycle. Every transaction is protected from beginning to end thanks to GoPlus Security Network’s cutting-edge solutions designed for wallets, DEXs, DeFi protocols, and public blockchains.
GoPlus is moving from a centralized service provider to a decentralized security network with the launch of $GPS. The Foundation hopes to establish an open system via the GoPlus Security Network where anybody can help improve security and reap the rewards. This vision is in line with the Foundation’s long-term objective of creating a “Secure Universe” in which every transaction on all blockchain networks is protected.
GoPlus’ extensive security infrastructure, which includes Secure Asset Issuance, Secure Asset Management, and Secure Trading, depends heavily on the $GPS token. Security service costs are among the main use cases; for instance, end users may pay for transaction protection services in $GPS, and companies can utilize $GPS to get access to sophisticated security APIs. In order to use the SafeToken Protocol for safe liquidity management, projects also pay in $GPS.
Contributors may receive incentives for safeguarding the network by staking $GPS to run security service nodes or provide security data. Furthermore, the $GPS token supports incentives for developers and users, with early adopters receiving extra benefits via contribution and staking programs.
Ten billion tokens make up the entire supply of $GPS, which has been allocated with care to promote community involvement and sustainable ecosystem development. The whole split is as follows: 60.67% of the supply has been set aside for ecosystem and community expansion.
- Community & Development: 24.67%
- Ecosystem Growth: 10%
- Marketing & Growth: 6%
- Airdrop: 10%
- Liquidity: 7%
- Advisors: 3%
- 39.33% for Initial Contributors and Private Investors
Long-term alignment between backers, contributors, and the community at large is guaranteed by this well-balanced tokenomic model.
With a variety of state-of-the-art security services, GoPlus has protected web3 transactions since its founding in 2020. GoPlus has grown to be a crucial component of web3 infrastructure, handling more than 30 million vulnerability detection requests per day and safeguarding user assets worth tens of billions of dollars across more than 30 blockchains. GoPlus serves more than 10,000 developers and protocols globally and is trusted by top wallets, DEXs, and projects.
Securing decentralized apps, tokens, and user assets is becoming more difficult as blockchain adoption picks up speed. By decentralizing important parts of its infrastructure and coordinating incentives throughout its ecosystem, the introduction of $GPS empowers GoPlus to confront these issues head-on.
Details regarding the Token Generation Event (TGE) and other $GPS-powered product features will soon be made public by the GoPlus Foundation. The token launch marks a significant turning point in GoPlus’s development as the Foundation strives to protect web3 users worldwide while decentralizing its security network.
