source avatarMR OFFICIAL

Share

𝐓𝐡𝐞 $𝐉𝐒𝐓 𝐁𝐮𝐲𝐛𝐚𝐜𝐤 & 𝐁𝐮𝐫𝐧 𝐉𝐨𝐮𝐫𝐧𝐞𝐲: 𝐏𝐡𝐚𝐬𝐞 1–5 JustLend DAO has completed five $JST buyback & burn phases, permanently removing 1.88B JST from the total supply. But how does the mechanism actually work? JustLend DAO generates protocol revenue, allocates eligible funds to repurchase $JST, and permanently removes the purchased tokens from circulation. Protocol revenue → $JST buyback → Token burn → Reduced supply. Let's trace the process across all five phases. 👇 #TRONEcoStar @justinsuntron @DeFi_JUST

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.