JustLend DAO Completes First JST Buyback and Burn, Ushering In a Revenue-Driven Deflation Cycle

JustLend DAO, the flagship DeFi protocol on TRON, successfully executed its first large-scale JST buyback and burn on October 21, transitioning JST into a continuously deflationary asset. The DAO allocated 30% of its accumulated protocol revenue, over 59 million USDT, to immediately burn 560 million JST, which represents nearly 5.66% of the total supply. The remaining 70% (over $41 million USDT) will be burned in quarterly phases over the next four quarters, with the funds held as jUSDT generating yield for future burns. This deflation model is distinct because it is powered by real, recurring profits from JustLend DAO and USDD, rather than short-term subsidies. Future burns will be funded by new quarterly net income and USDD profits exceeding a $10 million threshold. The cumulative effect is expected to reduce the JST supply by over 20%, enhancing token scarcity and value, supported by the JUST ecosystem's robust $12.2 billion TVL.

(Source：CryptoSlate)