JustLend DAO has carried out its fourth JST token buyback-and-burn plan under a burn proposal formally approved by the community. A total of 355,021,530.97 JST was removed in this round. The amount includes 248,357,799 JST tied to the second-quarter 2026 buyback and burn, along with about 106,663,731.97 JST from the accumulated historical stability fees of USDJ. According to the source, the JST deflation mechanism continues to move forward through a structure backed by real protocol revenue and executed transparently on-chain. The latest burn reduced JST’s circulating supply in the market and reflects the community’s continued support for the token’s economic model.
JustLend DAO has completed its fourth JST token buyback-and-burn plan under a burn proposal that was formally approved by the community, according to ChainCatcher.
A total of 355,021,530.97 JST was burned in this round. That figure includes 248,357,799 JST from the buyback and burn for the second quarter of 2026, as well as about 106,663,731.97 JST from the accumulated historical stability fees of USDJ.
ChainCatcher said the JST deflation mechanism continues to advance through a system driven by real protocol revenue and carried out openly on-chain. The latest burn also reduced JST’s circulating supply in the market.
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