GPS has destroyed more than 177 million tokens worth $3.06 million through its buyback program

PANews reported on April 15 that GoPlus announced on the X platform that the project has destroyed 177,158,631 GPS tokens (about 3.06 million US dollars) through a repurchase plan and transparently transferred them to a black hole address, permanently removing them from circulation. This is part of the project's fulfillment of its repurchase commitment.

According to @ai_9684xtpa, the GPS project team had previously promised to repurchase 4.34 million USDT worth of GPS tokens. From March 19 to April 14, a total of approximately 4.04 million USD worth of tokens were withdrawn from Binance, and the repurchase task was basically completed.