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JST’s Fourth Round Buyback and Burn Completed as Scheduled
JUST ecosystem core protocol JustLend DAO has officially completed its fourth $JST buyback and burn. A total of 355 million JST tokens were burned in this round, with an estimated value of $34.59 million, representing about 3.59% of the total token supply. The burn funds for this round still come from the real ecosystem revenue of the JustLend DAO protocol. Since JST announced its plan to start last year, it has completed four rounds of buyback and burn, bringing the cumulative total burned to 17.11.