JustLend DAO finalized its fourth buyback and burn of JST tokens on July 17, 2026, pushing the total JST deflated beyond 17% of its circulating supply. This marks a continuation of the TRON-based protocol’s quarterly token reduction plan initiated late last year.
The recent buyback removed 355,021,530.97 JST, approximately 3.59% of the total supply, valued at about $34.59 million. The tokens were repurchased using Q2 2026 treasury funds and fees collected from USDJ stablecoin stability charges.
Specifically, 248,357,799 JST were bought back with treasury revenue and 106,663,731.97 JST were acquired using USDJ stability fees, drawing from over $10.28 million of JustLend’s net income for the quarter. The DAO framed this token burn as a completed transaction, not requiring further community voting.
Buyback Mechanism and Protocol Developments
The burn strategy converts JustLend’s earnings into direct market demand for JST tokens, which are then permanently removed from circulation. This links the protocol’s financial performance to JST supply reduction, aiming to increase scarcity.
JustLend DAO manages one of the largest lending markets on the TRON blockchain. The buyback program runs alongside recent product expansions such as the launch of the U-Market lending platform.
The DAO confirmed the completion of the fourth buyback through its official channel on X. For additional context on JustLend, see the overview of JustLend.
This material is for informational purposes and does not constitute financial advice.
