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JustLend DAO Completes Second JST Buyback and Burn
Svmuu News: According to official reports, JustLend DAO today officially completed its second JST token buyback and burn, destroying a total of 525 million JST tokens worth approximately $21 million. The tokens have been transferred to a burn address. The funds for this burn were sourced from the protocol’s net revenue for the fourth quarter of 2025 and accumulated earnings from previous periods. As of January 15, 2026, the cumulative number of JST tokens destroyed has reached 1,084,890,753, representing 10.96% of the total supply. JustLend DAO will continue to execute buybacks and burn on a quarterly basis, and will regularly disclose progress to the community in a transparent manner.
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