JustLend DAO announced the completion of its second JST buyback and burn, burning 525 million JST tokens.

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JustLend DAO announced the completion of its second JST buyback and burn, burning 525 million JST on January 15, 2026, with an estimated value of approximately $21 million at the time. The funds for this buyback primarily came from net income of approximately $10.19 million in the fourth quarter of 2025 and previously carried-over income of approximately $10.34 million. Following the burn, JustLend DAO has cumulatively burned 1.085 billion JST, representing approximately 10.96% of the total supply.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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