The third large-scale buyback and burn initiative for JST has successfully concluded, with the burning of 271,337,579 tokens valued at approximately $21.3 million, equivalent to 2.74% of its total supply. This round was entirely funded by JustLend DAO’s organic revenues, utilizing around $10.34 million from accumulated earnings and $10.97 million in new revenue generated during Q1 2026.
Since the program’s initiation in October 2025, JST has executed three substantial buyback-and-burn cycles, eliminating a total of 1,356,228,332 tokens from circulation—about 13.70% of its entire supply. The on-chain execution was managed by Grants DAO, ensuring full transparency and public traceability through JustLend DAO’s transparency page.
Since launching in October 2025, JST’s buyback and burn program has seen three major rounds:
– Round 1 (Oct 2025): 559 million JST were burned using $17.72 million, reducing the total supply by 5.66%.
– Round 2 (Jan 2026): 525 million JST were burned with a $21 million commitment, decreasing the supply by 5.3%.
– Round 3 (Apr 15, 2026): Approximately 271 million JST were removed via a $21.3 million investment, cutting the supply by 2.74%.
This deflationary pressure has enhanced JST’s scarcity and driven token revaluation, with CoinGecko data showing its price increasing from around $0.03 to $0.08—a more than 100% rise—since October 2025. Concurrently, the market cap expanded from $300 million to roughly $700 million.
The JustLend DAO’s robust financial health fuels these buyback efforts, supported by net revenue and earnings surpassing a $10 million threshold in the USDD ecosystem. However, initial funding for three burns came solely from JustLend DAO’s organic revenues as USDD has yet to meet this threshold.
JustLend DAO, a key component of TRON’s financial framework, utilizes various services like SBM lending and sTRX liquid staking to bolster its revenue streams. With approximately $6.75 billion in Total Value Locked (TVL), it remains one of the top three global entities in its sector.
This deflationary momentum is expected to support JST’s long-term value growth, maintaining pressure across market cycles through JustLend DAO’s strategic financial operations.
Disclaimer: This article is sponsored. CryptoSlate does not endorse any projects mentioned herein and advises investors to conduct thorough due diligence.