JST repurchase and destruction accumulated over 38.7 million USD

Jan 20, 2026 15:10:52

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As of now, JustLend DAO has completed the destruction of a total of 1,084,890,753 JST through a two-phase systematic buyback and burn mechanism, achieving a permanent reduction of 10.96% in total supply, with a cumulative destruction value of approximately 38.7 million USD. Among them, the first phase achieved a destruction value of 17.73 million USD, while the second phase further expanded the scale, completing a destruction process of about 21 million USD. JustLend DAO will continue to implement a transparent and sustainable deflationary economic strategy, continuously solidifying the long-term value foundation of the JST token model.

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