JUST Completes 5th JST Buyback & Burn: Over 170M Tokens (~$23.53M) Burned Ahead of Major Deflationary Upgrade
Over the past year, JUST has completed five consecutive large-scale buyback-and-burn rounds, permanently removing 1.88B JST tokens from circulation and pushing cumulative deflation toward 19%. Following this milestone, the buyback and burn mechanism is set to undergo a comprehensive upgrade. On October 17, JUST, the leading DeFi infrastructure in the TRON ecosystem, announced the completion of its fifth buyback and burn of its native token JST as scheduled. Over 170M JST were burned in this round (approx. 1.72% of total supply), backed by nearly $23.53M in capital deployed—all funded directly by JustLend DAO’s net operating revenue. Over the past five rounds, a total of 1.88B JST tokens have been burned, driving the cumulative deflation rate past 19% with over $100M revenue deployed. JST has reached a key operational milestone following this latest burn: the remaining 70% of JustLend DAO’s initial treasury reserves has been fully deployed according to the original plan. This marks the successful completion of the first phase , paving the way for a major mechanism upgrade. 170M+ Tokens (~$23.53M) Burned in JST’s Fifth Buyback Round According to the official announcement released, the fifth JST buyback and burn was successfully completed. As a routine buyback for Q3 2026, a total of 170,723,144 JST tokens (approx. 170M) were burned, representing about 1.72% of the total token supply, with a total value exceeding $23.53M. Maintaining similar levels of burn scale and capital investment to the previous four rounds, this burn round continues the stable, predictable execution cadence of JST buybacks and burns. Looking further into the source of funds, the funds invested in this buyback and burn came entirely from JustLend DAO’s net operating income, specifically composed of two parts: the remaining $10.34M from JustLend DAO’s existing income and the $9.28M QoQ increase in Q3’s net income.
Key Takeaways
- Over the past year, JUST has completed five consecutive large-scale buyback-and-burn rounds, permanently removing 1.88B JST tokens from circulation and pushing cumulative deflation toward 19%.
- Following this milestone, the buyback and burn mechanism is set to undergo a comprehensive upgrade.
- On October 17, JUST, the leading DeFi infrastructure in the TRON ecosystem, announced the completion of its fifth buyback and burn of its native token JST as scheduled.
Summary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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