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JUST's locked-up amount this week reached $11.01 billion. JST deflation mechanism is steadily operating.
ME News report: On April 7 (UTC+8), as a key pillar of TRON DeFi, JUST’s performance data this week remains steady. The total value locked reaches $11.01 billion, accounting for 41.96% of TRON DeFi’s total. The platform’s supply is $3.59 billion, with a borrowing volume of $210.28 million. Meanwhile, the JST buyback and burn mechanism is advancing steadily; the cumulative burn amount has already exceeded 1.08 billion tokens, representing 10.96% of the total supply. The deflationary effect continues to strengthen the underlying value support for the token.
The solid locked-value data and ongoing buyback and burn activities provide strong support for JUST’s long-term development. Going forward, JUST will continue to focus on product iteration and ecosystem building, improving capital efficiency and the user experience, to help the healthy development of the TRON DeFi ecosystem. (Source: Tron Eco)