Ju.com has completed the third batch of repurchase and destruction of 1 million JU tokens, with a total destruction reaching 2 million tokens

Ju.com announced the completion of the first phase and the third batch of the JU token buyback and burn plan, with 1 million JU tokens burned this time, bringing the total amount burned to 2 million.

According to the official announcement, this burn was completed on December 3 at 15:10, and all tokens have been sent to the JuChain burn address, with on-chain records available for verification. This burn is part of Ju.com's initial $20 million buyback plan, with all funds sourced from platform operating profits. Since the launch of the plan in September 2025, Ju.com has completed the burn of 2 million JU tokens in three batches, executed on September 19, October 24, and December 3.

Ju.com stated that it will continue to uphold the principles of transparency, fairness, and sustainability, and firmly implement a long-term buyback mechanism. By reducing market circulation, this mechanism aims to strengthen the deflationary logic of the JU platform token and directly return the growth value of the platform to the community. The team emphasized that the buyback and burn plan allows value to return to users and the community, and JU will continue to gain real use cases and liquidity support.