JustLend DAO Completes Its Fourth Buyback and Burn, with Cumulative JST Deflation Exceeding 17%
Svmuu News: On July 20, according to official reports, JustLend DAO—a core project within the TRON—has successfully completed four consecutive rounds of its efficient buyback and burn program. More than 17% of the total $JST supply has been permanently removed from circulation, marking another milestone in the deflationary process.All funds for this round were raised in compliance with established mechanisms approved by the community, and the entire process was conducted on-chain in a fully transparent manner; the burn data can be verified at any time.As a cornerstone of the TRON DeFi ecosystem, JustLend DAO will continue to optimize its buyback and burn mechanism, driving sustained deflation in its token economic model as the market evolves, thereby building more robust long-term value expectations for JST holders.
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Source:Odaily · Source Link
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