JustLend DAO completes second JST buyback and burn

According to official announcements, JustLend DAO has officially completed its second JST token buyback and burn today, destroying a total of 525 million JST tokens, worth approximately $21 million, with the tokens transferred to a black hole address. The funds for this burn came from the protocol's net revenue for Q4 2025 and accumulated previous earnings. As of January 15, 2026, the cumulative number of JST tokens destroyed has reached 1,084,890,753, accounting for 10.96% of the total supply. JustLend DAO will continue executing quarterly buybacks and burns, regularly disclosing progress transparently to the community, jointly driving value enhancement.

Link: https://x.com/DeFi_JUST/status/2011793150625636694