{"id":26098,"date":"2026-04-16T19:02:46","date_gmt":"2026-04-16T19:02:46","guid":{"rendered":"https:\/\/bitunikey.com\/news\/justlend-dao-takes-jst-burn-to-13-7-of-supply-with-21-3m-q1-destroy\/"},"modified":"2026-04-16T19:02:53","modified_gmt":"2026-04-16T19:02:53","slug":"justlend-dao-takes-jst-burn-to-13-7-of-supply-with-21-3m-q1-destroy","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/justlend-dao-takes-jst-burn-to-13-7-of-supply-with-21-3m-q1-destroy\/","title":{"rendered":"JustLend DAO takes JST burn to 13.7% of supply with $21.3m Q1 destroy"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">JustLend DAO\u2019s third buyback burned 271.3m JST worth $21.3m, lifting total destroyed supply to 1.36b JST, or 13.7%, as its revenue-fed deflation plan rolls on.<\/p>\n<div id=\"cn-block-summary-block_de2e5011ba8e9c1da7a748e28839c85a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>JustLend DAO has completed its third JST buyback and burn, destroying 271,337,579 tokens worth about $21.3 million.<\/li>\n<li>Cumulative JST burns now total 1,356,228,332 tokens, or 13.70% of supply, funded by protocol net income and accumulated earnings.<\/li>\n<li>The Tron-based lending protocol plans to keep running quarterly buybacks and transparent burn reports as part of a revenue-driven deflation program.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>JustLend DAO has carried out its third major buyback and burn of JST, permanently removing 271,337,579 tokens with an <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/support.justlend.org\/hc\/en-us\/articles\/57020331053721-Announcement-on-Completion-of-the-Third-JST-Buyback-and-Burn\" target=\"_blank\">estimated<\/a> value of $21.3 million from circulation. In an announcement on April 16, the Tron-based lending protocol said the burned tokens were sent to a \u201cblack hole\u201d address and funded by its net income for the first quarter of 2026 plus past accumulated profits.<\/p>\n<p>With this latest event, the total number of JST destroyed has climbed to 1,356,228,332, representing 13.70% of the token\u2019s overall supply and extending a rapid deflationary run that began in late 2025. Earlier rounds saw JustLend wipe out roughly 1.08 billion JST across two buybacks worth nearly $40 million, equal to about 10.96% of supply in under three months.<\/p>\n<h1 class=\"wp-block-heading\" id=\"revenue-funded-burns-cement-jsts-deflation-narrati\">Revenue-funded burns cement JST\u2019s deflation narrative<\/h1>\n<p>JustLend reiterated that its buyback program is explicitly tied to protocol profitability, describing the burns as \u201cvalue empowerment\u201d driven by real cash flow from lending spreads and other revenue sources on Tron. TRONSCAN data previously cited by Phemex and other outlets showed that earlier phases of the program destroyed JST worth roughly $44.8 million, underscoring that the effort is more than a symbolic supply cut.<\/p>\n<p>According to prior disclosures, JustLend\u2019s first burn came in October 2025 amid what CryptoSlate called a \u201crevenue-driven deflation cycle,\u201d at a time when the broader JUST ecosystem reported about $12.2 billion in total value locked, or roughly 46% of Tron\u2019s on-chain TVL. Subsequent January 2026 burns removed another 525 million JST tokens valued at around $21 million, bringing the cumulative tally to just over 1.08 billion before the latest Q1 2026 event.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Market reaction has been mixed. Earlier coverage from NewsDirect and other venues noted that JST\u2019s price hovered around $0.04 with only modest gains after the second burn, even as 11% of supply was retired, suggesting traders had partly priced in the deflation schedule. CoinMarketCap\u2019s Top Stories desk reported a 3.6% JST rally over 33 hours as markets repriced the program that destroyed 11% of supply in 90 days, a burn rate described as outpacing BNB\u2019s deflation.<\/p>\n<p>JustLend says it will keep executing quarterly buybacks and burns and \u201cregularly provide transparent updates to the community\u201d as the program continues. For holders, the question now is whether a total burn already at 13.70% of supply \u2014 and rising \u2014 can meaningfully shift JST\u2019s long-term valuation, or whether, as earlier price action hinted, fundamentals and Tron DeFi demand will matter more than the sheer number of tokens sent to a black hole.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>JustLend DAO\u2019s third buyback burned 271.3m JST worth $21.3m, lifting total destroyed supply to 1.36b JST, or 13.7%, as its revenue-fed deflation plan rolls on. Summary JustLend DAO has completed&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=26098"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26098\/revisions"}],"predecessor-version":[{"id":26099,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/26098\/revisions\/26099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13744"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=26098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=26098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=26098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}