JustLend DAO's fourth JST buyback and burn has successfully concluded

JustLend DAO has completed the fourth $JST buyback and burn as planned. This round has cumulatively burned over 355 million tokens, corresponding to 3.59% of the total supply, with a market value exceeding 34.59 million USD.

As of now, the cumulative burn progress of JST has reached 17.29% of the total supply, approaching the 20% mark. The funds come from the buyback of protocol revenue in the second quarter and the accumulation of historical stability fees from USDJ. With the implementation of this round of deflation, the market circulation of JST has further contracted, validating the long-term value logic driven by protocol revenue, and solidifying the foundation for the continued prosperity of the community ecosystem.