JUST Completes 5th JST Buyback & Burn: Over 170M Tokens (~$23.53M) Burned Ahead of Major Deflationary Upgrade
On October 17, JUST, the leading DeFi infrastructure in the TRON ecosystem, announced the completion of its fifth buyback and burn of its native token JST as scheduled. Over 170M JST were burned in this round (approx. 1.72% of total supply), backed by nearly $23.53M in capital deployed—all funded directly by JustLend DAO's net operating… Read the full story on CryptoSlate Understand the crypto…
JUST completed its fifth buyback and burn of JST, destroying over 170 million tokens, roughly 1.72% of total supply, using about $23.53 million funded by JustLend DAO's net operating revenue. The burn reduces circulating supply ahead of a planned deflationary upgrade, a supply-side catalyst that JST holders typically view positively. Traders would watch for follow-through buying around the upgrade, though the impact is confined to the TRON DeFi ecosystem rather than the broader market.
