I just saw that JustLend DAO did something quite interesting with JST. They carried out a massive buyback followed by token burn, destroying more than 1 billion JST at once. We're talking about approximately $38.7 million worth of tokens destroyed.



The move was executed in two steps. First, they burned tokens worth $17.73 million, then expanded the operation with an additional $21 million in destruction. In total, this reduced the total supply by 10.96%, which is quite significant.

What stands out is that this isn't an isolated move. JustLend DAO is following a clear deflationary strategy through systematic burning. It's not that vague promise you see around. They are genuinely reducing the supply in a transparent and sustainable way.

For those following the TRON ecosystem, this shows that the project is focused on creating long-term value for JST rather than just pumping short-term numbers. Burning reduces the circulating supply, which theoretically should benefit those holding tokens. It's worth keeping an eye on how this will impact the price in the coming months.
TRX-1.43%
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