JST recently completed a 5% large-scale buyback, with a total of 525 million tokens incorporated into the destruction mechanism. The value of this buyback amounts to $21 million. Based on the destruction speed, approximately $239,000 worth of tokens are destroyed daily, which translates to about $10,000 per hour. The project team has completed two rounds of 10% buyback operations.
JST's buyback model is quite unique — all protocol-level revenue is directly used for token buybacks and burns. This mechanism design can create ongoing deflationary pressure. Currently, the total locked value in the JustLend DAO ecosystem has surpassed $7.08 billion, and the ecosystem fundamentals remain steadily growing. Supported by this buyback and burn mechanism, JST's value capture logic within the TRON ecosystem is gradually becoming evident.
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DAOdreamer
· 1h ago
Hey, the buyback力度 is pretty good this time. Destroying $10,000 worth every hour, truly stacking deflation.
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retroactive_airdrop
· 01-16 09:48
You're still burning money? The destruction speed can't keep up with the new issuance, right?
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fren.eth
· 01-16 09:47
Really? Burning 239,000 every day, that's a pretty intense frequency.
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TeaTimeTrader
· 01-16 09:47
Another wave of burning, JST's buyback力度确实狠
Over 7 billion locked in tokens can still grow steadily, indicating the fundamentals are okay
But how long can it last? Let's see the performance later
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SingleForYears
· 01-16 09:46
Hey, wait a minute. Is this destruction speed real? Ten thousand dollars per hour... feels a bit exaggerated.
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FarmToRiches
· 01-16 09:27
This buyback effort is really intense, burning $10,000 every hour. It's hard not to go up!
JST recently completed a 5% large-scale buyback, with a total of 525 million tokens incorporated into the destruction mechanism. The value of this buyback amounts to $21 million. Based on the destruction speed, approximately $239,000 worth of tokens are destroyed daily, which translates to about $10,000 per hour. The project team has completed two rounds of 10% buyback operations.
JST's buyback model is quite unique — all protocol-level revenue is directly used for token buybacks and burns. This mechanism design can create ongoing deflationary pressure. Currently, the total locked value in the JustLend DAO ecosystem has surpassed $7.08 billion, and the ecosystem fundamentals remain steadily growing. Supported by this buyback and burn mechanism, JST's value capture logic within the TRON ecosystem is gradually becoming evident.