深潮TechFlow|Jul 17, 2026 13:07
[JustLend DAO Completes Fourth JST Buyback and Burn]
According to Deep Tide TechFlow, on July 17, JustLend DAO successfully completed its fourth JST buyback and burn as planned. This round saw the destruction of over 355 million tokens, accounting for 3.59% of the total supply, with a market value exceeding $34.59 million. To date, the cumulative burn progress of JST has reached 17.29% of the total supply, approaching the 20% milestone. The funds for this operation originated from Q2 protocol revenue buybacks and accumulated historical stability fees from USDJ. With this round of deflation implemented, JST's market circulation has further contracted, reaffirming the long-term value logic driven by protocol revenue and laying a solid foundation for the continued prosperity of the community ecosystem.
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