JustLend DAO community releases JST buyback and burn proposal

ChainCatcher news, JustLend DAO has published a proposal for the repurchase and destruction of JST on the governance forum. The proposal aims to create a more sustainable deflationary mechanism by optimizing the JST token economic structure, enhancing governance efficiency, and increasing long-term value.

The proposal indicates that the repurchase funds will mainly come from JustLend DAO's net income (including sTRX earnings and SBM net income), as well as incremental earnings after the USDD multi-chain ecosystem profits exceed $10 million. All repurchase operations will be transparently executed on-chain, and the repurchased JST will be permanently destroyed to gradually reduce the market circulation.

In addition, the DAO plans to continue executing repurchases quarterly using the newly generated net income and will regularly publish progress reports. The officials stated that this mechanism will further solidify the governance attributes of JST and promote healthier and more resilient growth of the TRON ecosystem.