TechFlow News: On April 16, according to an official announcement, JustLend DAO has officially completed its third JST token buyback and burn. A total of 271,337,579 JST tokens were burned in this round—valued at approximately $21.3 million—with the tokens transferred to a burn address. The funds for this burn were sourced from the protocol’s net earnings for Q1 2026 and accumulated prior earnings. As of April 16, 2026, the cumulative number of burned JST tokens has reached 1,356,228,332, representing 13.70% of the total supply. JustLend DAO will continue executing quarterly buyback-and-burn operations and regularly disclose progress transparently to the community, jointly advancing value creation.
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