When DeFi Burn Narratives Turn Into Real Supply Reduction
In DeFi, burns are often used as a marketing hook.
But very few protocols follow through with consistent, large-scale execution that actually changes token economics.
$JST Buyback & Burn (to date):
๐ฅ1,084,890,753 JST burned
๐10.96% of total supply reduced
๐~$38.7M in value burned
โ Phase 1: $17.73M
โ Phase 2: ~$21M
$JSTโs buyback and burn program demonstrates a simple but powerful principle: