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JustLend DAO announced the results of the five rounds of JST buyback and burn

2026-10-19 14:05:49

JustLend DAO announced the cumulative results of the five rounds of buyback and destruction of $JST: a total of 1,881,973,007 JST has been destroyed, accounting for 19.01% of the total supply, with an estimated cumulative destruction value of approximately 118.15 million USD.

This deflationary mechanism is built on the protocol's revenue, with each round of buyback and destruction transparently recorded through on-chain transactions, publicly verifiable, reflecting the continuous execution and traceability under the community governance framework. As the circulating supply gradually decreases, the long-term value support and ecological sustainability of JST are further strengthened, laying a solid foundation for the normalization of future buyback and destruction mechanisms.

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