- Binance has listed Goplus Safety (GPS) at 13:00 UTC at the moment.
- GPS will take part in Binance’s Hodler AirDrop program, which rewards BNB holders.
- GPS skyrocketed 16% amid the announcement of Binance Itemizing.
The world’s largest crypto alternate binance has launched an inventory of Goplus Safety (GPS), a token designed to reinforce Web3 safety.
Based on the announcement, GPS buying and selling will start at the moment, March 4th, at 1:00pm UTC. Tokens are traded in opposition to a number of currencies, reminiscent of USDT, USDC, BNB, and FDUSD.
Zero Payment buying and selling and early deposits spark investor curiosity
In the meantime, GPS deposits opened early at the moment at 10:20 UTC. To keep away from confusion with different tokens, Binance has assigned a novel seed phrase to its GPS.
Specifically, the alternate has eliminated GPS buying and selling charges. Because of this customers can commerce GPS at no further value.
Following the announcement, GPS has skyrocketed 16%, reflecting robust market curiosity. At the moment of reporting, GPS was buying and selling at $0.141, up 3.8% over the previous day, beating wider market downtime.
GPS has been added to Binance’s Hodler Airdrop for BNB holders
Specifically, Binance has added GPS to the Hodler Airdrop program. That is to reward BNB holders primarily based on previous BNB balances. The eligibility interval for this airdrop was run from February nineteenth to February twenty fourth, 2025.
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Customers who put BNB in easy acquisition (flexibility or lock) or on-chain-on yield throughout this era will mechanically purchase GPS tokens earlier than they start buying and selling.
Binance famous that customers have to be in certified jurisdiction to finish and take part in Account Verification (KYC). Nonetheless, these utilizing BNB Holdings as collateral for a vinanence mortgage should not eligible for compensation.
Tokenomics: GPS Provide and Future Planning
The overall provide of Goplus Safety (GPS) tokens is 10 billion complete. On the time of itemizing, 18.1 billion tokens are in circulation, accounting for 18.1% of the full provide.
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Binance allotted 300 million GPS to Hodler Airdrops, 3% of its complete provide. One other 400 million GPS tokens have been put aside for the advertising marketing campaign, which can begin six months from the token checklist.
The GPS sensible contract operates on the bottom community and is assigned to the tackle “0x0C1DC…A0DCA5”.
Goplus Safety’s Binance’s long-term help
The affiliation between Binance and Goplus Safety dates again to December 2022. On the time, Binance Labs was main a personal funding spherical to help the corporate’s Web3 safety work.
Nonetheless, the alternate didn’t participate in Goplus’ earlier funding rounds in April 2022. With the Binance checklist of GPS and Airdrop, GPS may even see extra curiosity from buyers.
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