JustLend DAO completed its fifth JST buyback and burn, with over 170 million tokens burned this time

On October 17, JustLend DAO announced that, according to the JST buyback and burn plan proposal officially approved by the community, the fifth JST buyback and burn was successfully completed on October 16, 2026 (SGT). The total amount of tokens burned this time reached 170,723,144 JST, and the related tokens have all been transferred to the black hole address. All transactions can be queried on-chain.

This buyback and burn is an important step for JustLend DAO in continuously promoting the deflationary mechanism and implementing community governance resolutions. By reducing the circulating supply of JST, it further strengthens the value support of the token and the long-term sustainability of the ecosystem. From community proposal to on-chain execution, the entire process is open and transparent, providing a verifiable governance sample for the continued promotion of the buyback and burn mechanism.