JST buyback and burn total exceeds $38.7 million

GateNews

2026-01-20 07:05:39

Odaily Planet Daily Report: As of now, JustLend DAO has implemented a two-phase systematic buyback and burn mechanism, destroying a total of 1,084,890,753 JST tokens, permanently reducing the total supply by 10.96%, with a total destruction value of approximately $38.7 million. Among them, the first phase achieved a destruction value of $17.73 million, and the second phase further expanded the scale, completing a destruction process of about $21 million. JustLend DAO will continue to uphold a transparent and sustainable deflationary economic strategy, continuously strengthening the long-term value foundation of the JST token model.

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