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GoPlus launches 500 million GPS Security Fund to reshape Web3 security value system

Summary: According to official sources, GoPlus announced today the launch of a 500 million GPS Security Fund (currently valued at 10 million USD) to pioneer a security marketization model in the Web3 security landscape where 157,000 assets are being devoured by the dark forest every second. Web3 users can participate in fund allocation in two ways: ...

According to official sources, GoPlus announced today the launch of a 500 million GPS Security Fund (currently valued at 10 million USD) to pioneer a security marketization model in the Web3 security landscape where 157,000 assets are being devoured by the dark forest every second. Web3 users can participate in fund allocation in two ways: by staking GPS to enjoy triple benefits (basic annualized return + security event lottery + GoPlus security ecosystem income repurchase); or by participating in the security bounty list to share 1 billion GPS special bounty pool, incentivizing everyone to guard against threats (highest reward of 10,000 GPS for reporting malicious addresses/phishing websites).

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