$JST ๐ฅ 1. Major Second Buyback & Burn Completed (Jan 2026)
โ๏ธ JustLend DAO has completed its second large JST buyback and burn, destroying 525 million JST tokens (worth about $21 million).
โ๏ธ Combined with the first burn, over ~1.08 billion JST has been removed from circulation โ about 10.96% of total supply โ in less than three months.
โ๏ธ This indicates a strong deflationary move intended to reduce supply and potentially support long-term value growth tied to ecosystem activity. ๏ฟฝ
ODaily +1
๐ The protocol plans quarterly buyback/burn cycles and will continue transparent community updates. ๏ฟฝ
Longbridge SG
๐ 2. JST Price / Market Behavior
๐น Recent market data shows increased trading activity and market cap growth, with price and volume upticks following the buyback announcement. ๏ฟฝ
#jst #JSTToken #JSTtoTheMoon