Deep Tide TechFlow message: On July 29, according to on-chain data, the cumulative number of JST burned by the black hole address has exceeded 1.6B tokens; the current on-chain value is about $161 million. Since the buyback-and-burn plan was launched, JustLend DAO has completed four consecutive rounds of buyback-and-burn driven by real protocol revenues, with all operations publicly verifiable on-chain. As of now, the total JST burned has surpassed 17% of the total supply, and the deflationary process continues to deepen. As a core infrastructure of the TRON DeFi ecosystem, JustLend DAO will keep advancing the iterative upgrade of the buyback-and-burn mechanism, supported by real protocol earnings, continuously strengthening JST’s deflationary path to build a more certain long-term value anchor for holders.