PANews reported on October 22nd that the decentralized lending protocol JustLend DAO officially approved the "JST Buyback and Burn Proposal." According to the proposal, all of JustLend DAO's net income, as well as a portion of the USDD multi-chain ecosystem's earnings exceeding $10 million, will be used to buy back and burn JST. The first burn has been completed, using 30% of JustLend DAO's current revenue of 59,087,137 USDT (approximately 17,726,141 USDT) to repurchase and destroy 559,890,753 JST, accounting for approximately 5.66% of the total JST supply. In addition, the JustLend Grants DAO will conduct a quarterly buyback and burn using the net revenue generated in the previous quarter. The remaining 70% of existing revenue will be burned in four installments before the fourth quarter of 2026, with a quarterly burn of 17.5%.PANews reported on October 22nd that the decentralized lending protocol JustLend DAO officially approved the "JST Buyback and Burn Proposal." According to the proposal, all of JustLend DAO's net income, as well as a portion of the USDD multi-chain ecosystem's earnings exceeding $10 million, will be used to buy back and burn JST. The first burn has been completed, using 30% of JustLend DAO's current revenue of 59,087,137 USDT (approximately 17,726,141 USDT) to repurchase and destroy 559,890,753 JST, accounting for approximately 5.66% of the total JST supply. In addition, the JustLend Grants DAO will conduct a quarterly buyback and burn using the net revenue generated in the previous quarter. The remaining 70% of existing revenue will be burned in four installments before the fourth quarter of 2026, with a quarterly burn of 17.5%.
JustLend DAO approved the JST repurchase and destruction proposal and completed the first destruction
PANews reported on October 22nd that the decentralized lending protocol JustLend DAO officially approved the "JST Buyback and Burn Proposal." According to the proposal, all of JustLend DAO's net income, as well as a portion of the USDD multi-chain ecosystem's earnings exceeding $10 million, will be used to buy back and burn JST.
The first burn has been completed, using 30% of JustLend DAO's current revenue of 59,087,137 USDT (approximately 17,726,141 USDT) to repurchase and destroy 559,890,753 JST, accounting for approximately 5.66% of the total JST supply.
In addition, the JustLend Grants DAO will conduct a quarterly buyback and burn using the net revenue generated in the previous quarter. The remaining 70% of existing revenue will be burned in four installments before the fourth quarter of 2026, with a quarterly burn of 17.5%.
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.
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