JustLend DAO Completes Second JST Buyback and Burn

Odaily News According to official announcement, JustLend DAO has officially completed its second JST token buyback and burn today, destroying a total of 525 million JST tokens, valued at approximately $21 million. The tokens have been transferred to a burn address. The funds for this burn originated from the protocol's net profits in Q4 2025 and accumulated profits from previous periods. As of January 15, 2026, the cumulative number of JST tokens burned has reached 1,084,890,753, accounting for 10.96% of the total supply. JustLend DAO will continue to execute quarterly buyback and burn operations and will regularly transparently disclose progress to the community.