金色财经|Oct 24, 2026 07:45
[JUST Upgrades JST Buyback & Burn Mechanism, Injecting $20.34 Million in Surplus Funds] According to Jinse Finance, on October 24th, TRON's on-chain DeFi infrastructure, JUST, released an upgraded version of its JST Buyback & Burn mechanism. JST is the native governance token of the JUST ecosystem. The source of buyback funds has been expanded from the original two sources of JustLend and USDD to three pillars: JustLend, USDD, and GasFree. GasFree is TRON's native gas-free solution, which, as of October 23rd, has processed over $157.1 billion in stablecoin transfers, totaling over 9.14 million transactions and covering over 500,000 addresses; from its launch in March 2025 to the third quarter of 2026, it has generated approximately $12.03 million in revenue. The mechanism sets a minimum long-term funding safety floor of $50 million; all protocol funds exceeding this floor are used for JST buybacks. The first batch of approximately $20.34 million in surplus funds (from GasFree's accumulated profits and safety margin) has been unlocked and will be injected into buybacks in four rounds starting in the fourth quarter of 2026. Execution is now handled by the unified JUST DAO, employing a "continuous buyback, periodic burn" approach, all of which is verifiable on-chain. JUST's total value locked (TVL) is approximately $12.2 billion, with JustLend TVL exceeding $7.13 billion. The fifth round of buybacks and burns was completed on October 16th, marking the end of the first phase.
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