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JustLend DAO Completes Fourth JST Buyback and Burn

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2026-07-17 13:03:49
JustLend DAO has completed its fourth $JST buyback and burn under a community-approved destruction plan, burning 355,021,530.97 JST in total. According to ChainCatcher, the burn included 248,357,799 JST from the Q2 2026 buyback-and-burn program and about 106,663,731.97 JST from accumulated historical USDJ stability fees.

The move further reduced JST circulating supply and continued the protocol's deflation mechanism.
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