TechFlow news, October 19 — According to official information, to enhance the long-term value and governance efficiency of JST, the JustLend DAO community has officially launched a governance proposal regarding the implementation of a JST buyback and burn mechanism. The plan stipulates that JustLend DAO's net income, along with USDD ecosystem revenues exceeding $10 million, will be used to periodically repurchase and burn JST from the open market. The burning will occur in phases: 30% of existing earnings will be burned initially, while the remaining 70% will be gradually burned over four quarters (17.5% per quarter). This move aims to establish a solid deflationary model for JST by progressively reducing its circulating supply. All execution details will be fully disclosed to ensure transparency and community consensus.
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