🧐 GoPlus Launches $500 Million $GPS Security Fund | Where Are the Opportunities for Us Ordinary Users?

As the bull market kicks off, safety is paramount. First, we support actions that ensure safety for everyone:

- Security contributors,

- Security developers,

- Security educators,

- $GPS stakeholders.

So if you are a security officer and can provide security contributions, you can set a price and submit malicious addresses/phishing websites → Up to 10,000 GPS (≈$200) as a reward.

If you are an ordinary user, you can also participate without risking your principal, mainly through staking.

Staking link: http://app.gopluslabs.io/staking

You can earn annualized returns, enter a lottery, and receive bounty rewards by contributing security information:

I see some bloggers have provided methods related to risk arbitrage that everyone can reference, as follows:

1️⃣ Buy GPS on Binance spot → Transfer to GoPlus staking (choose 90-day lockup for 43.95% APY)

2️⃣ Simultaneously open a short position of equal value (e.g., buy $1000 GPS → open $1000 GPS/USDT perpetual short)

3️⃣ Daily staking yields GPS, which can be sold for USDT immediately, netting the funding fee difference!

Why is this a guaranteed profit?

1) The short position hedges against price volatility,

2) Staking returns cover the funding fee (current rate is only 0.01%/day, and in a positive funding fee state, you can earn from both the staking returns and the funding fee),

3) The fund pool has 400 million GPS as a safety net, so there’s no fear of mining interruptions.

Arbitrage veterans, take a look and see if there are any issues?

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