Nearly 1 in 5 JST tokens ever created no longer exists. Here's what JST actually does in the JUST ecosystem 👇 JST is a TRC-20 token on @trondao's network and the sole governance token of the JUST ecosystem, per JustLend DAO. What JST gives holders: ➜ 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲: submit and vote on proposals ➜ A say on interest rates, collateral assets and use of funds ➜ The voting power behind JustLend DAO, the core JUST protocol ➜ Exposure to protocol revenue through buyback and burn That last one is the interesting part. Instead of paying revenue out directly, JustLend DAO uses real protocol income to buy JST back and burn it. One year, five rounds: ➜ Round 5 burned 𝟭𝟳𝟬,𝟳𝟮𝟯,𝟭𝟰𝟰 𝗝𝗦𝗧, about $𝟮𝟯.𝟱𝟯𝗠 of buying ➜ Funded by JustLend DAO net income, including $𝟵.𝟮𝟴𝗠 from Q3 ➜ Cumulative burn: 𝟭,𝟴𝟴𝟭,𝟵𝟳𝟯,𝟬𝟬𝟳 𝗝𝗦𝗧, or 𝟭𝟵.𝟬𝟭% of total supply ➜ Total supply down from 𝟵.𝟵𝗕 to about 𝟴.𝟬𝟮𝗕 Where does that income come from? sTRX staking, Energy Rental yields and lending market revenue. Next up, @DeFi_JUST says the program is moving into an upgraded phase, adding new revenue streams such as GasFree. Every burn is sent to a burn address and verifiable on-chain. Read the official 5th burn announcement here 👇 https://t.co/fGWJdlllPe @justinsuntron @trondao #TronEcoStar #TRON