Recently, I have been observing the JST coin and found that its "mining shovel" attribute is becoming more and more obvious.

There are two key developments this week:

First, regarding deflation—the first round of buyback and burn has been implemented. The circulating supply has been genuinely reduced, which essentially lays a long-term foundation for the price and provides substantial support.

Looking at the earnings side: the snapshot airdrop for staking on JustLend DAO is still ongoing. The rules are simple: stake JST to receive airdrops, making the earning process very clear.

These two mechanisms stacking together, the token economic model is beginning to show tension.