TechFlow news: According to official data, as of April 17, the $JST phased buyback-and-burn program has cumulatively burned 1.35 billion tokens—13.70% of the total supply—with a corresponding burn value of approximately $60.03 million. This large-scale deflationary initiative spanned three full quarters, was driven by genuine protocol revenue, and was executed transparently on-chain as a systematic effort. With the successful conclusion of Phase Three—which featured a single burn of 271 million tokens—an automated, closed-loop mechanism continues operating: protocol revenue funds buybacks, and buybacks trigger burns—infusing $JST’s economic model with deterministic, endogenous deflationary momentum.
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