JST Phase III Burns 271 Million Tokens; Treasury Reserve Surpasses $100 Million
Source:
x.com
According to official data, JST has burned 271 million $JST tokens in a single event—valued at approximately $21.3 million—representing 2.74% of the current total supply. Meanwhile, the treasury reserve has surpassed the $100 million mark, providing solid support for the ongoing deflationary process. All funds used for buybacks and burns are derived from the protocol’s real revenue, thereby establishing an automated, self-sustaining deflationary loop driven by actual earnings, where buybacks and burns operate continuously. This marks $JST’s steady progression toward a persistent, endogenous, and long-term sustainable economic model.