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JUST DAO overhauls JST buyback and burn to draw on ecosystem revenue

NewsFeeds update

JUST DAO has revamped its JST buyback and burn mechanism, deploying JustLend's past revenue reserves and shifting future buyback funding towards recurring ecosystem revenue. It plans to keep at least $50m in reserves and release about $20.3m of excess reserves in phases from the fourth quarter of 2026; 1,881,973,007 JST, 19.01% of the initial supply, has been burned.

AltcoinsCoinNessAIBullish

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The story so far: JustLend JST buyback and burn

JustLend DAO has completed five JST buyback and burn rounds, destroying 1,881,973,007 JST, 19.01% of supply, worth about $118m. JUST DAO has now revamped the mechanism, funding future buybacks from recurring ecosystem revenue, keeping at least $50m in reserves and releasing about $20.3m of excess reserves in phases…

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  1. JustLend DAO burns over 170m JST in fifth buyback and burn

  2. JustLend DAO says JST buyback burns reach 1.88bn tokens

  3. JUST upgrades JST buyback and burn with GasFree revenue and $20.3m in funds

  4. JUST says it has burned 1.88 billion JST, 19% of total supply

  5. TRON ecosystem tokens pass $120m in cumulative buyback burns

  6. JUST DAO overhauls JST buyback and burn to draw on ecosystem revenue

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