JUST Completes 5th JST Buyback & Burn: Over 170M Tokens (~$23.53M) Burned Ahead of Major Deflationary Upgrade
Summary
JUST says it completed its fifth JST buyback and burn on October 16, destroying 170.7 million tokens valued at about $23.53 million, funded by JustLend DAO operating revenue. Across five rounds, about 1.88 billion JST—roughly 19% of supply—has been burned using more than $100 million. The company says the initial treasury-reserve plan is now fully deployed and that a new buyback phase will broaden funding sources, including revenue from services such as GasFree. The piece also reports JST rose more than 300% from its October 2025 low to an October 2026 peak, citing CoinGecko data.
