JUST Completes Fifth JST Buyback Round Ahead of Mechanism Upgrade
Over 170 million JST tokens burned as the protocol concludes its initial treasury deployment phase.
1Fifth Buyback Milestone Reached
On October 17, 2026, JUST finalized its fifth consecutive buyback and burn round. The protocol removed over 170 million JST tokens from circulation, representing approximately 1.72% of the total supply. This operation was supported by $23.53 million in capital, sourced directly from the net operating revenue generated by the JustLend DAO.
2Cumulative Deflationary Impact
Over the past year, the protocol has executed five rounds, burning a total of 1.88 billion JST tokens. This consistent activity has pushed the cumulative deflation rate past 19%. By deploying over $100 million in revenue since October 2025, the project has systematically reduced the circulating supply from 9.9 billion to 8.02 billion tokens.
3Treasury Deployment Strategy
The fifth round marks the full deployment of the remaining 70% of JustLend DAO’s initial treasury reserves. This concludes the first phase of the original buyback plan established at the program's inception. The funding for this specific round comprised $10.34 million in existing income and a $9.28 million quarterly net income increase.
4Operational Revenue Resilience
JustLend DAO has maintained steady quarterly net income, consistently anchored at the eight-figure level throughout the year. This financial stability provided the necessary liquidity to sustain the buyback cadence. The reliance on organic operating earnings, rather than external capital, underscores the protocol’s ability to generate durable value within the TRON ecosystem.
5Market Performance and Valuation
Since the program's launch in October 2025, JST has experienced a 300% price surge, climbing from a low of $0.03 to a peak of $0.142 by October 2026. This growth, coupled with a market capitalization exceeding $1 billion, validates the effectiveness of the buyback mechanism in driving long-term economic value for token holders.
6Transition to Upgraded Mechanism
With the initial treasury reserves exhausted, the protocol is preparing for a comprehensive mechanism upgrade. The original framework, which relied on JustLend DAO and USDD ecosystem revenue, will now evolve. Future iterations aim to incorporate diversified funding sources, including revenue streams from new business initiatives such as the GasFree service model.
7Execution and Transparency Standards
The program distinguishes itself through a predictable execution cadence, averaging $20 million per round. Every buyback follows a strict protocol of pre-disclosed rules and verifiable on-chain proof. By avoiding delays and arbitrary cuts, the team has successfully transformed the buyback process from a short-term marketing catalyst into a permanent, transparent value engine.
8Future Strategic Outlook
The conclusion of the first phase signals a shift toward a more sustainable and predictable cycle. By integrating new revenue streams, the upcoming upgrade intends to maintain deflationary momentum. Stakeholders are directed to official channels for further details on capital allocation and ecosystem integrations as the protocol enters this new operational phase.
Original article: NewsBTC — JUST Completes Fifth JST Buyback Round Ahead of Mechanism Upgrade