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🔥The JST deflationary cycle has officially begun! A comprehensive overhaul of the fundamentals
Brothers, to be honest, the destruction data of $JST this time really shocked me! Three quarterly destructions have collectively removed 1.36B tokens, worth nearly 60 million USD, directly sending 13.7% of the total supply into a black hole forever. Such deflationary strength is not just talk; it’s real money removing bubbles!
In my opinion, the fundamentals of $JST have now undergone a complete transformation. Previously, it was just a “copycat” that followed the platform and the market; it could only rise when the platform did, and when the market cooled, it was under pressure. But now, it’s completely different. Thanks to the implementation of the buyback and burn mechanism from Proposal 37, it has directly transformed into a value engine with “self-sustaining” capabilities.
JustLend DAO continuously uses the profits to buy back $JST , and then burns them—done. This creates a perfect closed loop: protocol profits → buyback and burn → scarcity skyrockets → price support. And it’s backed by strong fundamentals, with a long-term TVL of over 6 billion, nearly a million in net income in the first quarter, plus infrastructure businesses like sTRX staking and energy leasing that are constantly injecting liquidity. The buyback ammunition is never a concern.
There are too many projects in the DeFi space that tell stories, but $JST ’s model of directly returning profits to the token is the most solid and compelling. Every $JST in hand is growing stronger with ongoing deflation. I truly believe in this shift from dependency to intrinsic value. This wave is just the beginning—hold steady! 🚀
@justinsuntron @DeFi_JUST #TRONEcoStar