JustLend DAO Completes Third JST Buyback and Burn

According to the official announcement, JustLend DAO has officially completed its third JST token buyback and burn today. A total of 271,337,579 JST tokens were burned, representing a value of approximately $21.3 million; the tokens have been sent to the burn address. The funds for this burn were sourced from the protocol’s net earnings in Q1 2026 and accumulated prior earnings. As of April 16, 2026, the cumulative number of JST tokens burned has reached 1,356,228,332, accounting for 13.70% of the total supply. JustLend DAO will continue executing quarterly buyback-and-burn operations and regularly publish progress updates transparently to the community, jointly driving value empowerment.