JustLend DAO officially launches a new deflationary mechanism through the JST buyback and burn proposal

ChainCatcher news, JustLend DAO, as the core DeFi protocol of the TRON network, has officially passed the JST buyback and burn proposal through community governance on October 21.

According to the new mechanism, JustLend DAO's total net income and the USDD multi-chain ecosystem's earnings exceeding $10 million (excluding the first $10 million) will continue to undergo on-chain transparent buybacks and burns, with the first burn successfully completed. This move marks the official transition of JST from "fully circulating token" to "continuously shrinking value asset," laying a solid logical foundation for the long-term value growth of JST.