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.
View Original
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.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
retroactive_airdrop
· 4h ago
You're still burning money? The destruction speed can't keep up with the new issuance, right?
View OriginalReply0
fren.eth
· 4h ago
Really? Burning 239,000 every day, that's a pretty intense frequency.
View OriginalReply0
TeaTimeTrader
· 4h ago
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
View OriginalReply0
SingleForYears
· 4h ago
Hey, wait a minute. Is this destruction speed real? Ten thousand dollars per hour... feels a bit exaggerated.
View OriginalReply0
FarmToRiches
· 4h ago
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.