JUST Completes 5th JST Buyback & Burn: Over 170M Tokens (~$23.53M) Burned Ahead of Major Deflationary Upgrade
Summary
JUST completed its fifth scheduled JST buyback and burn, removing 170.7 million tokens, valued at about $23.53 million, using JustLend DAO operating revenue. Across five rounds since October 2025, about 1.881 billion JST—over 19% of initial supply—has been burned with more than $100 million deployed. The latest round also exhausted the remaining initial treasury reserves, completing the program’s first phase. JUST says a forthcoming upgrade will broaden funding sources to include revenues from newer businesses such as GasFree. The announcement reports JST rose from about $0.03 in October 2025 to a peak of $0.142 in October 2026, though it frames the buyback’s impact on price and long-term value favorably.
