Big news from the @JUST DAO team🔥
$JST Buyback & Burn Phase 2 COMPLETED — another major step in reducing supply and boosting long-term value for the JUST ecosystem on #TRON
Key highlights:
- 5.3% of total $JST supply permanently burned
- ~$21M in value destroyed (based on market prices at execution)
- Powered entirely by real protocol revenue from JustLend DAO — no subsidies, just sustainable deflation!
This follows the community-approved proposal where net income from JustLend DAO (and future USDD profits) funds ongoing quarterly buybacks & burns. Phase 1 already torched 5.66% (560M JST), and this second phase keeps the momentum going strong.
Real revenue → Real buybacks → Real scarcity → Stronger fundamentals for $JST holders.
JustLend DAO continues to dominate as TRON's leading DeFi lending protocol:
- Massive TVL (billions locked)
- Integrated lending, sTRX staking, energy rental, and more
- Zero security incidents since launch
Check the official announcement for full details: justlend.org (or their support page on the completion).
The deflationary engine is revving up powered by actual ecosystem profits. What do you think this means for $JST moving forward? 🚀
