JST's third round of buyback and destruction has been completed on schedule, with the buyback and destruction scale exceeding $21 million.

Tron Ecosystem Releases Major Positive News, JST’s Third Large-Scale Buyback and Burn Has Been Successfully Completed, All Burned Funds Come from Genuine Ecosystem Revenue of the JUST Ecosystem Core Protocol JustLend DAO.
This not only proves the strength of real monetary investment but also demonstrates a firm commitment to deflationary promises and continuous achievement of practical results through concrete actions.

According to official announcements, the current buyback and burn scale of JST reached $21.3 million, with a steady increase compared to previous rounds.
All burned funds still come entirely from the genuine revenue of the JustLend DAO protocol.
The specific amount of JST tokens burned in this round is 271,337,579 (specifically: 271,337,579 tokens), accounting for 2.74% of the total token supply.
All burn records are on-chain verifiable, fully transparent, and traceable.

As of this execution, JST has successfully completed three rounds of large-scale buyback and burn.
Since the launch of the buyback and burn plan in October 2025, only six months have passed, with a total of over 271M JST tokens burned, accounting for about 13.7% of the total supply, with a total investment exceeding 60 million USDT.
Such intense deflationary efforts and efficient execution pace are extremely rare in the DeFi space and the entire crypto industry.

In the context of the overall crypto market downturn and ongoing tightening of industry liquidity, most projects have cut expenses, postponed buyback plans, or even shut down and exited.
In stark contrast, the JST governance organization has always adhered to its promises, completing multiple rounds of large-scale buyback and burn against the trend.
They have never interrupted execution and continue to invest substantial ecosystem revenue in real money, demonstrating strong commitment and operational resilience.
This series of actions not only injects valuable confidence into the sluggish market but also fully confirms the solid ecological fundamentals and robust anti-cyclical strength of the project.

With continuous real fund input and highly transparent on-chain execution processes, the JUST team conveys a rare long-termist belief and development strength to the entire industry.
This normalized, institutionalized deflation governance not only solidifies JST’s value support but also promotes the industry toward healthier and more sustainable development.

In the future, relying on the stable real ecosystem revenue generated by JustLend DAO, the buyback and burn cycle will continue to operate efficiently, and JST’s deflationary benefits will be steadily released across bull and bear cycles, laying a more solid foundation for long-term token value growth.

Contrary to the trend, fulfilling the deflation promise!
JST’s third buyback and burn has been successfully completed, with this round’s burn amount exceeding $21 million.

Today, JST’s third buyback and burn operation has concluded successfully.
In the current environment of overall pressure in the crypto market, this timely execution of the deflation plan not only demonstrates JST governance organization’s firm commitment and steady progress in deflation governance but also conveys rare confidence and credibility during industry downturns.

Both in terms of scale and execution efficiency, it remains at a high industry level, fully reflecting the project’s solid operational capability and efficient implementation.

The funds for this buyback and burn still come entirely from the genuine ecosystem revenue generated by the JustLend DAO protocol, with clear and transparent sources, mainly consisting of two parts:
One is approximately $10.34 million extracted from the initial JST buyback and burn plan’s residual revenue;
The other is about $10.97 million from the protocol’s newly added net revenue in Q1 2026.
Together, these provide a solid and sufficient financial guarantee of approximately $21.3 million for this large-scale burn.

On the specific level of buyback and burn execution, the decentralized autonomous organization Grants DAO strictly follows the established plan, with rigorous, standardized, open, and transparent processes, ensuring every transaction is traceable and every step is compliant and fair.
This round of buyback and burn continues the characteristics of openness and transparency, completed on-chain in a decentralized manner, with the entire process fully traceable.

Community users and market participants can check the input amounts, token burn quantities, on-chain transaction hashes, and other core data through multiple channels such as the official Grants DAO page of JustLend DAO and the financial metrics Transparency panel, ensuring full verification of the entire burn process.
This fully guarantees the transparency and credibility of the deflationary actions.

Now, the successful implementation of the third round of buyback and burn marks JST’s deflation mechanism entering a mature stage of quarterly, normalized, and stable execution.
From the first trial in October last year, to the above-expectation second round in January this year, and now to the on-schedule third round, Grants DAO has not only fulfilled its deflation commitments each quarter but also continuously optimized transparency standards, gradually forming a replicable and sustainable governance model.

The timely implementation of JST’s three rounds of burn, verified on-chain, with decentralized execution and open data, proves to the market and investors that the platform not only keeps its promises but also executes efficiently and reliably—truly a long-term trustworthy ecological project.
This not only delivers an impressive answer sheet for its own deflation governance route but also sets a benchmark of principle adherence and counter-cyclical progress during industry downturns, conveying rare confidence and strength, inspiring more projects to promote healthy development of the crypto ecosystem.

JST has completed three buyback and burn rounds: a total of over 1.35 billion tokens burned, with deflationary effects driving both price and market cap higher.

During the overall downtrend in the crypto market, Grants DAO, with firm resolve and efficient execution, has completed three rounds of large-scale buyback and burn, injecting strong momentum into the token’s value appreciation and long-term ecosystem development.

Since the official launch of the JST buyback and burn plan in October 2025, the project has efficiently completed three high-standard, fully on-chain, transparent buyback and burn operations.
To date, over 1.36B JST tokens have been burned, accounting for more than 13.7% of the total supply; the total real ecosystem revenue invested has reached approximately $60 million.

The specific data for each burn round are publicly transparent and on-chain traceable:
First round (October 2025): burned about 559 million JST, with an investment of about $17.72 million, accounting for 5.59% of total supply.
Second round (January 2026): burned about 525 million JST, with an investment of about $21 million, accounting for 5.30%.
Third round (April 16, 2026): burned about 271 million JST, with an investment of about $21.3 million, accounting for 2.74%.

In just half a year, JST has efficiently completed three rounds of intensive and large-scale buyback and burn, with each round’s investment steadily increasing.
The total invested amount approaches $60 million, and over 1.36B JST tokens have been burned.
Such a high-frequency, large-scale, highly efficient burn rhythm is extremely rare in DeFi and fully demonstrates the ecosystem’s firm commitment to the deflationary route and its strong ability to deliver on promises.

Relying on these three rounds of continuous, large-scale real burns, the deflationary effect of JST deepens, and the token’s scarcity value accelerates, directly driving the price and market cap upward, forming a clear and strong upward trend.

From the perspective of deflation, these three rounds have permanently removed over 1.36B tokens from the total supply of JST, equivalent to reducing about 13.7% of the total supply.
Under the fixed total supply mechanism of JST, each on-chain burn is irreversible, meaning the circulating supply is truly and permanently reduced.
As the circulating supply continues to shrink, the fundamental value of JST is reinforced, and its scarcity support is continuously strengthened, establishing an unshakable underlying logic for long-term value growth.

Each burn directly compresses JST’s market total supply, significantly increasing token scarcity.
Based on classic supply and demand principles, with demand remaining stable or even increasing, the continued tightening of supply will inevitably lead to asset revaluation and potential steady price appreciation.
High-frequency, large-scale, and sustainable burns will further accelerate the release of JST’s scarcity premium, not only stabilizing and increasing the token’s value but also continuously strengthening market confidence in JST’s deflationary model, creating a virtuous cycle of “burning → circulation contraction → value appreciation → consensus enhancement.”

JST’s market performance also validates this logic effectively.
Since the launch of the buyback and burn plan in October 2025, JST’s price has steadily risen, gaining broad market recognition.
According to CoinGecko data as of April 15, 2026, JST’s price rose from about $0.03 last October to a peak of over $0.08, more than doubling.
Market cap also grew from around $300 million to nearly $700 million, more than doubling as well.

Notably, since February this year, JST’s upward momentum has accelerated further.
In a challenging environment with a declining overall crypto market, JST has defied the trend, rising from $0.04 to over $0.08, with a stage increase of 100%.
This performance fully demonstrates the market’s high recognition of JST’s deflation logic and development prospects.

The steady growth of JST’s price and market cap not only reflects the enhancement of token value but also indicates positive market expectations for JST’s long-term future.
Driven by the solid push of three large-scale buyback and burn rounds, the deflationary effect of JST has shifted from short-term catalysis to long-term value support, with market consensus gradually forming and a positive feedback loop becoming more stable.

With the successful implementation of the third buyback and burn, JST’s deflationary benefits have entered a cycle of continuous acceleration, further consolidating the long-term value support of the token.
Looking ahead, as the buyback plan progresses in an orderly manner, the circulating supply will further decrease, potentially driving JST’s value to continue rising.

JustLend DAO Ecosystem Revenue Continues Steady Growth, Demonstrating Strong Anti-Cyclical Resilience

The smooth progress of JST buyback and burn relies heavily on the key support of JustLend DAO.
As the main contributor of buyback funds, JustLend DAO leverages its unique ecosystem matrix advantages and robust operational strategies to achieve sustained and steady ecosystem revenue growth, injecting continuous funds into JST buyback and burn efforts and demonstrating excellent anti-cyclical resilience.

According to established rules, the funds for JST buyback and burn mainly come from two core protocols within the JUST ecosystem:
One is the residual and future net revenue of the lending protocol JustLend DAO;
The other is over $10 million in excess income from the multi-chain USDD stablecoin ecosystem.
As of now, USDD ecosystem income has not yet reached the threshold to trigger buyback, so all three rounds of buyback and burn funds have come from JustLend DAO platform revenue, fully reflecting its central role in JST buyback efforts.

Reviewing each round’s fund input, JustLend DAO’s firm determination and continuous investment are clearly visible.
First round: At the initial stage of JST buyback and burn, about 59.08 million USDT was extracted from residual revenue, with 30% (about 17.72 million USDT) immediately used for the first burns, and the remaining 70% scheduled for four quarterly installments, with about 10.34 million USDT each.
Second round: About 21 million USDT invested, including 10.34 million USDT from residual revenue and about 10.19 million USDT from Q4 2025 net revenue.
Third round: About $21.3 million invested, including $10.34 million from residual revenue and about $10.97 million from Q1 2026 net revenue.

Overall, JustLend DAO has reserved over $80 million (including already invested and pending) for JST buyback and burn.
Of which, approximately $60 million has been already spent, with over $20 million of residual revenue remaining for future quarters.
This fully demonstrates the platform’s strong financial strength and ongoing revenue-generating capacity, serving as a solid proof of its operational strength and commitment, providing ample and sustainable funding for JST’s long-term deflationary route.

From the perspective of fund input scale, the three rounds of JST buyback and burn have shown a steady increasing trend, contrasting sharply with the overall downward trend of the crypto market.
Despite increased market volatility and liquidity contraction, JustLend DAO not only remained unaffected but also increased its investment in buyback and burn, maintaining ecosystem revenue growth and high execution efficiency.
Each round exceeded community expectations in scale.

Looking at the net revenue data, even under the overall market pressure, JustLend DAO’s income remained robust, with quarterly net profits consistently above $10 million in the past two quarters.
Compared to Q4 2025, Q1 2026 net revenue further increased, demonstrating strong anti-cyclical resilience.

This impressive performance is mainly due to JustLend DAO’s strong ecosystem profitability and mature operational strategies, which are key to its industry cycle resilience and ongoing promise fulfillment.

As the core financial infrastructure of the TRON ecosystem, JustLend DAO has developed into a comprehensive DeFi solution integrating SBM lending, sTRX liquidity staking, Energy Rental energy leasing, and Gas optimization products like GasFree smart wallet, creating a full product matrix that provides diverse drivers for ecosystem revenue growth.

Each product is based on specific real-world scenarios:
SBM lending is the central hub for users to efficiently allocate on-chain financial assets;
sTRX liquidity staking is the preferred entry point for TRON ecosystem staking;
Energy Rental is the optimal way to reduce Gas fees in the TRON ecosystem;
GasFree offers convenient support for transfers using USDT and other native tokens.

As of April 16, the total value locked (TVL) on the JustLend DAO platform has risen to approximately $6.89 billion.
According to DeFiLlama data, its SBM lending market TVL has long ranked among the top three globally.
Currently, the funds used for JST buyback and burn mainly come from the SBM lending market and Staked TRX revenue within the JustLend DAO ecosystem.

In summary, the recent synchronized growth of JST’s price and market cap not only reflects the continuous appreciation of the token’s value but also indicates positive market expectations for the future development of the JustLend DAO ecosystem.
It is foreseeable that with ongoing efforts, JST will continue to advance steadily on its deflationary path.

Another key contributor to JST buyback funds—USDD—has entered a rapid growth phase since 2026.
Currently, USDD’s supply has exceeded $1.5 billion, with total income reaching $7.47 million, and it will soon surpass $10 million, further supporting JST’s buyback and burn efforts.

Looking ahead, as JustLend DAO’s product lines expand and upgrade, the sources of buyback and burn funds may include income from new product lines, further broadening the funding base for the deflationary plan and injecting more powerful and diversified momentum for JST’s long-term value growth.