Ever wonder what happens when $JST is "burned"? It isn’t just a marketing term it is a permanent, verifiable shift in the #JUST ecosystem’s tokenomics.
Currently, over 1,084,891,079+ $JST has been sent to the "Black Hole" address.
This is a specialized on-chain vault with no private key, meaning once tokens enter, they can never be retrieved or spent again.
They are effectively wiped from the circulating supply forever. 🕳️ Breaking down the impact: Massive Scarcity: This burn represents over 10.9% of the total supply being removed from the market.
Real-World Value: At current prices, that is approximately $45,000,000 in value locked away for good.
Deflation in Action: Fueled by protocols like JustLend DAO, these burns create constant downward pressure on the total circulating supply.
Total Transparency: In the world of @trondao, we don't just take people's word for it.
Every single token sent to the abyss is 100% verifiable on-chain.
As the ecosystem expands, the $JST supply continues to shrink. The math is clear, and the scarcity is real. 📈
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The $JST Supply Shock: Where Do Burned Tokens Go?
Ever wonder what happens when $JST is "burned"? It isn’t just a marketing term it is a permanent, verifiable shift in the #JUST ecosystem’s tokenomics.
Currently, over 1,084,891,079+ $JST has been sent to the "Black Hole" address.
This is a specialized on-chain vault with no private key, meaning once tokens enter, they can never be retrieved or spent again.
They are effectively wiped from the circulating supply forever. 🕳️
Breaking down the impact:
Massive Scarcity: This burn represents over 10.9% of the total supply being removed from the market.
Real-World Value: At current prices, that is approximately $45,000,000 in value locked away for good.
Deflation in Action: Fueled by protocols like JustLend DAO, these burns create constant downward pressure on the total circulating supply.
Total Transparency: In the world of @trondao, we don't just take people's word for it.
Every single token sent to the abyss is 100% verifiable on-chain.
As the ecosystem expands, the $JST supply continues to shrink. The math is clear, and the scarcity is real. 📈
See the data for yourself on TRONSCAN: 👇
#JST #TRON #TRX #DeFi #CryptoNews #Blockchain #Web3 #justinsuntron #TRONEcoStar @trondao @justinsuntron