From revenue to buyback to burn, all on the chain and verifiable, maximum transparency

ME News announced on April 17 that official data shows that the JST buyback and burn plan has cumulatively destroyed 135 million tokens, accounting for 13.70% of the total supply, with a burn value of approximately $60.03 million. This large-scale deflationary process lasted three quarters, driven by actual protocol revenue and executed transparently on-chain. After a single burn of 271 million tokens in the first phase, an automated closed loop was formed in which revenue supports buybacks, and buybacks trigger burns, bringing a deterministic endogenous deflationary force to the JST economic model.