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The TRON ecosystem has made another big move. JST's latest buyback round reached 525 million tokens, equivalent to about $21 million USD. This speed is extraordinary—an average of $239,000 worth of tokens destroyed daily, which translates to about $10,000 burned every hour. This burning pace is actually similar to BNB's destruction speed, both belonging to the industry’s high-end.
Sun Yuchen's approach is very straightforward: all JST buybacks come from protocol revenue, and the money earned is directly used to buy back and burn, with no other tricks. So far, they have repurchased 10% of the circulating tokens, which is quite a significant investment among mainstream projects.
Another point worth noting is the growth of the ecosystem itself. The total locked value (TVL) in JustLend DAO has surpassed $7.08 billion USD, indicating that user confidence in this DeFi system continues to grow. From tokenomics design to ecosystem scale, the TRON chain seems to have found its rhythm on the path of self-sustenance.