JustLend DAO anchors JST with real yields for continuous deflation, aiming to build robust long-term resilience through market cycles

Recently, the cryptocurrency market has once again fallen into a deep adjustment. According to the latest data from HTX, the price of Bitcoin (BTC) has plunged to the $60,000 mark, creating a new low since November 2024, with the entire market entering a downward cycle and industry sentiment remaining low. However, amidst the overall market pressure, key data from the TRON ecosystem shows significant resilience and growth: the on-chain USDT issuance has surpassed $83.4 billion, continuously setting historical records; the total revenue of the TRON network has maintained a growth trend, reaching $216 million in January 2026, a month-on-month increase of about 4%, demonstrating the unique development resilience and vitality of the ecosystem.

Core projects within the TRON ecosystem continue to see positive developments. Notably, the core DeFi platform JustLend DAO completed a large-scale buyback and burn action on January 15, destroying a total of 525 million JST, accounting for 5.3% of the total token supply, with actual funds exceeding $21 million.

In the context of a generally low market sentiment, with trading becoming increasingly quiet and trading activity continuing to decline, JustLend DAO has resolutely invested tens of millions of dollars to promote JST's deflationary burn. This initiative starkly contrasts with the overall market weakness, becoming an important value anchor amidst adversity.

It is particularly noteworthy that, in the current environment of significant market decline, the market price of the JST token has remained relatively stable, with its price movements not fully following the large fluctuations of the overall market. This independence intuitively reflects the market's recognition of its intrinsic value support.

Cumulative destruction exceeds 1.08 billion, with an investment of about $38.7 million: JustLend DAO anchors JST's deflationary certainty with real funds

Since the JustLend DAO community officially passed the JST buyback and burn mechanism proposal in October 2025, the project has efficiently advanced, completing two rounds of large-scale on-chain buyback and burn actions in just three months, with a cumulative destruction of over 1.08 billion JST (specifically 1,084,890,753 JST), accounting for 10.96% of the total token supply, corresponding to a cumulative investment of over $38.72 million. With substantial financial input and efficient implementation, JustLend DAO has solidified the deflationary certainty of JST, demonstrating its firm commitment to promoting a long-term deflationary mechanism.

The successful execution of two rounds of large-scale buyback and burn has achieved a rigid contraction of JST's circulating supply, significantly reducing the total token supply from 9.9 billion to approximately 8.815 billion. Such a large-scale deflation and substantial financial investment are rare in the development history of the cryptocurrency industry, further confirming JustLend DAO's strong financial strength and effective deflation execution.

According to the previously released buyback and burn announcement, the funds for the JST buyback and burn mainly come from two core sources: first, the existing revenue of the JustLend DAO protocol and the net income generated continuously in the future; second, the excess portion of over $10 million from the USDD multi-chain ecosystem revenue. Currently, since the USDD multi-chain ecosystem-related revenue has not yet reached the established standard, the current JST buyback and burn funds are fully supported by the JustLend DAO protocol.

This funding arrangement fully confirms that the JST buyback and burn mechanism is deeply rooted in the real ecological revenue of JustLend DAO. It is evident that the JST buyback and burn mechanism is not a one-time operation of short-term marketing nature but a long-term value empowerment plan anchored in the protocol's continuous revenue and written into the underlying mechanism. It establishes a clear and solid long-term deflationary closed loop for JST, namely "real ecological revenue → driving token buyback → deflation enhancing value → feeding back ecological development," thereby providing a solid foundation for the long-term stable development of JST from a mechanistic perspective.

As KOL OxPink stated, the core logic of the JST buyback and burn is highly consistent with the "profit buyback of stocks" in traditional financial markets, directly empowering token value through secondary market buybacks and permanent destruction of the actual revenue generated by the protocol, allowing the dividends of ecological development to effectively benefit token holders.

It is worth mentioning that all buyback and burn operations of JST are completed on-chain, with every transaction record being fully traceable and publicly queryable. Currently, users can view the progress of the buyback and burn, details of the funds to be destroyed, and other core data in real-time through the Grants DAO section or the Transparency exclusive page on the JustLend DAO official website, truly achieving full-process openness and transparency.

As of February 4, 2026, JustLend DAO still holds approximately $31.02 million in existing revenue to be destroyed. This portion of funds will be gradually invested in the JST buyback and burn in subsequent quarters, continuously injecting stable financial momentum into the normalization and sustainable advancement of the deflationary mechanism, ensuring the continuous release of JST's deflationary effect.

JustLend DAO's diversified business creates strong profitability, providing solid support for JST buyback and burn

As the core funding provider for the JST buyback and burn, and also the core financial infrastructure of the TRON ecosystem, JustLend DAO has always anchored itself to real market business needs, constructing a full-chain DeFi solution that integrates various functions such as lending SBM, liquid staking sTRX, energy rental, and smart wallet GasFree. This diversified and mature business layout not only creates stable, real, and continuous protocol revenue for JustLend DAO, ensuring healthy cash flow growth but also provides a continuous and sustainable financial support for the JST buyback and burn mechanism, thereby providing a sustainable solid foundation for JST's long-term deflationary value from a financial perspective.

JustLend DAO's strong profitability is the confidence that supports the long-term operation of the JST buyback and burn mechanism. This was directly validated in the second round of destruction executed on January 15, 2026: a total of $21 million was invested in this round, of which $10.34 million came from planned existing revenue, while the remaining funds were derived from the net income generated by the protocol in the fourth quarter of 2025. This means that JustLend DAO's net income in the fourth quarter of 2025 has exceeded $10 million in a single quarter, fully validating its strong and sustainable profitability.

Solid revenue stems from a steadily growing business foundation. The overall operational scale of the JustLend DAO platform has steadily increased, with core data performing well: the total locked value (TVL) of the JustLend DAO platform has long maintained above $6 billion, consistently ranking among the top three in the global lending track. According to the financial operation transparency page, JustLend DAO's cumulative net income has reached $72.69 million. Since the JST buyback and burn mechanism was approved last October, nearly $69.7 million has been extracted from reserve revenue in the past three months, with nearly $3 million still remaining in net income.

Based on past stable revenue performance, the JST report released on January 28 predicts that approximately $21 million will be reinvested in buyback and burn in the first quarter of 2026, with the sTRX business expected to contribute revenue of $10 million, and the specific destruction scale will be dynamically adjusted based on actual operating conditions for the season. This provides the market with clear and verifiable expectations, demonstrating the sustainability and reliability of the "real business generates revenue --- revenue drives buyback --- buyback enhances value" deflation logic.

In addition to the core support from JustLend DAO, the decentralized stablecoin USDD ecosystem is also maintaining a rapid growth trend as an important incremental funding provider for future JST buyback and burn: currently, the total supply of USDD has surpassed $1 billion, with cumulative treasury revenue reaching $7.4678 million.

Thus, relying on a diversified and high-growth core business matrix to solidify a robust business ecosystem, and building strong profitability through continuous and stable protocol earnings, JustLend DAO has deeply internalized the JST buyback and burn into a long-term value growth mechanism supported by real revenue, with clear mechanisms and predictable implementation rhythms. This has achieved a deep binding of deflationary operations with ecological development, as well as synchronized growth of token value and protocol profitability.

The market performance of the JST token also intuitively confirms the effectiveness of ecological construction. In the current environment of significant decline in the cryptocurrency market, where mainstream coins have generally experienced deep corrections, the price of JST has shown relative stability and resilience far exceeding the market, not experiencing severe fluctuations alongside the overall market, and has even exhibited a strong independent trend. According to the latest data from Coingecko on February 4, since the market began to plummet on January 30, mainstream coins have suffered significant short-term declines: BTC has dropped by 15% in the past seven days, while ETH, SOL, and others have seen declines exceeding 25%. In contrast, JST has only slightly decreased by less than 1% during the same period, and at certain times even rose against the trend. This decoupled trend is particularly striking in a weak market, intuitively reflecting its unique value support and resilience.

Looking back at the execution trajectory of the JST deflation mechanism, its "value growth logic" has been clearly validated by the market—every large-scale buyback and burn has directly driven a steady increase in token prices, forming a significant "deflationary positive effect."

• First round drive (October-December 2025): Since the JST buyback and burn proposal was officially passed on October 21, 2025, market expectations quickly materialized, with JST's price starting a continuous upward trend from $0.032 USDT, climbing to a peak of $0.045 USDT on December 3 of the same year, with a cumulative short-term increase of about 40%;

• Second round boost (January 2026): Following the second round of large-scale buyback and burn on January 15, 2026, JST's price once again welcomed an upward trend, rising from $0.040 USDT to $0.047 USDT by January 27, with an increase of about 17% within half a month.

The positive feedback from the market not only recognizes the deflation model itself but also reflects a strong confidence in the long-term development logic of "business growth drives value feedback."

In fact, JustLend DAO's ongoing and transparent buyback and burn operations based on real protocol revenue have built a core value foundation for JST that differs from purely market sentiment-driven models; the stable performance of JST during market downturns is the strongest validation of the deflation model of "business generates revenue --- revenue drives buyback --- buyback enhances value," and the long-term development logic behind it.

The TRON ecosystem continues to make strides, and JustLend DAO builds long-term resilience through market cycles

The deflation logic constructed by the JST buyback and burn mechanism, by deeply binding ecological real revenue with token value, is essentially a model of DeFi protocols returning to their commercial essence and creating sustainable value models. Amidst the changing market cycles, when the tide recedes, those projects relying on short-term speculation and lacking ecological foundations will ultimately falter in the industry's storms. Only those who deeply cultivate the ecosystem and adhere to long-term construction can stand firm and become the leading forces in the next round of industry development, and JustLend DAO is the core practitioner of this development logic.

Colin Wu, founder of the well-known media outlet Wu Says, previously pointed out that most projects in the cryptocurrency industry lack value feedback mechanisms such as dividends and buybacks similar to traditional finance. Typically, projects without real income often rely solely on selling tokens to maintain operations, while those with income mostly allocate profits to the team, with very few cases truly returning profits to token holders. Therefore, high-quality cryptocurrency projects not only need to have the ability to generate real income but also need to write rules that empower tokens with profits into code and smart contracts, which is the true model of long-term value.

The JST buyback and burn mechanism is undoubtedly a vivid practice and industry benchmark of this concept. JustLend DAO has steadily and orderly advanced the JST buyback with tens of millions of dollars, strongly proving its commitment to deeply cultivating the ecosystem and constructing a long-term value capture mechanism. By deeply linking the value of JST tokens with the real development and revenue status of core protocols such as JustLend DAO and USDD, it highly synchronizes the path of ecological development with the interests of JST holders. More importantly, the entire process is built on thorough transparency: from clear funding sources, fully verifiable on-chain operations to sustainable revenue reserves, it has become a long-term value practice based on real revenue, guaranteed by transparent mechanisms, and centered on continuous execution.

At the same time, the TRON ecosystem, which supports JustLend DAO, continues to accelerate in all aspects, growing against the trend during the industry downturn, with ecological momentum continuously rising: the on-chain USDT issuance continues to set historical highs; in January 2026, the total revenue of the TRON network reached a new high, showcasing the resilience and vitality of the overall ecological development.

In terms of ecological construction and network interconnectivity, TRON continues to expand its ecological boundaries and introduce new traffic: on January 15, the world's largest MetaMask wallet announced its formal integration with the TRON network, opening a new core traffic entry for the on-chain ecosystem; on January 26, the cross-chain protocol WalletConnect completed its support for the TRON network, significantly enhancing the ecological interconnectivity capabilities, bringing more incremental resources to the ecosystem, and providing long-term development momentum for core protocols like JustLend DAO.

In addition to the strong support from the TRON ecosystem, JustLend DAO has also operated steadily through multiple market bull and bear cycles, maintaining a "zero security incident" record, developing a strong risk resistance capability. During this round of market downturn, JustLend DAO has invested heavily in promoting the JST buyback and burn initiative, demonstrating its hard-core strength and firm commitment to long-term construction through practical actions.

Relying on the deep accumulation of the TRON ecosystem and its continuous product innovation, JustLend DAO has deeply bound protocol revenue with token value, not only building a value foundation for JST that transcends cycles but also defining a new paradigm of long-termism in the DeFi field through practical actions. When the tide recedes, such builders will become the key force determining the next chapter of the industry.