According to Huoxing Finance, JustLend DAO successfully executed its fourth $JST token buyback and burn plan, in accordance with the community-approved proposal. A total of 355,021,530.97 JST were burned in this round, including 248,357,799 JST from the Q2 2026 buyback and approximately 106,663,731.97 JST from historical USDJ stability fee accumulations. This marks continued steady progress in JST’s deflationary mechanism—a systematic, on-chain process driven by genuine protocol revenue. The burn further reduces the circulating supply of JST, reflecting the community’s strong consensus on the long-term value of the tokenomics and reinforcing confidence in the ecosystem’s sustainable development.
JustLend DAO Completes Fourth JST Buyback and Burn, Total Destroyed Exceeds 355 Million
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JustLend DAO executed its fourth $JST buyback and burn, as part of on-chain activity, destroying 355,021,530.97 JST. This includes 248,357,799 JST from the Q2 2026 buyback and 106,663,731.97 JST from USDJ stability fees. The deflationary mechanism, funded by protocol revenue, continues to reduce the token supply, aligning with community support for long-term value. New token listings remain a key focus for the ecosystem.
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