JUST Releases JST 2026 Q3 and October Key Progress Report, Buyback Mechanism Shifts to Continuous Revenue Basis
JUST has published an open letter to JST holders and released the key progress report for JST 2026 Q3 and October. The letter highlights that cumulative buybacks and burns across five rounds have totaled 1,881,973,007 JST, representing 19.01% of the initial maximum supply, with approximately $118.15 million invested in buybacks and burns. In October, JUST DAO upgraded the JST buyback and burn mechanism, shifting to a model supported by sustained ecosystem revenue. Starting in Q4 2026, the project plans to allocate approximately $20.34 million in excess funds toward buybacks over four installments, while maintaining a treasury safety reserve of at least $50 million. The report also indicates that JustLend’s quarter-end TVL remained above $7 billion, and GasFree processed approximately 21.24 million transactions in Q3. As buyback funding transitions from historical revenue reserves to ongoing ecosystem income, JST’s deflationary trajectory and ecosystem growth are increasingly aligning.
