JST cumulative burn surpasses 1.6 billion tokens, on-chain value over $161 million
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JST cumulative burn surpasses 1.6 billion tokens, on-chain value over $161 million
On-chain data shows that the cumulative burn amount of JST black hole addresses has exceeded 1.604 billion tokens, with a current on-chain value of approximately $161 million. Since the launch of the buyback and burn plan, JustLend DAO has completed four consecutive rounds of buyback and burn driven by real protocol revenue, with all operations publicly verifiable on-chain. As of now, the cumulative burn volume of JST has exceeded 17% of the total supply, and the deflationary process continues to deepen. As core infrastructure of the TRON DeFi ecosystem, JustLend DAO will continue to advance the iteration and upgrade of the buyback and burn mechanism, supported by real protocol revenue, continuously reinforcing JST's deflationary path to create a more certain long-term value anchor for holders.
Navigating Web3 tides with focused insightsTechFlow reports that on July 29, according to on-chain data, the cumulative burn amount of JST black hole addresses has exceeded 1.604 billion tokens, with a current on-chain value of approximately $161 million. Since the launch of the buyback and burn plan, JustLend DAO has completed four consecutive rounds of buyback and burn driven by real protocol revenue, with all operations publicly verifiable on-chain. As of now, the cumulative burn amount of JST has exceeded 17% of the total supply, and the deflationary process continues to deepen. As a core infrastructure of the TRON DeFi ecosystem, JustLend DAO will continue to advance the iterative upgrades of the buyback and burn mechanism, supported by real protocol revenue, continuously strengthening JST's deflationary path to create a more certain long-term value anchor for holders.
