Not all quarterly reports are worth carefully reading, but this time, JST 2026 Q1, I read from start to finish.


The feeling after reading it can be summed up in one word: stable.
This report doesn't have many fancy expressions; instead, it clearly explains what needs to be communicated—data, sources, and pathways are all laid out transparently.
Let's start with the most core part.
Currently, the total amount of tokens burned has reached
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