Dear JustLend DAO community members and JST holders,
On Oct 21, 2025 (SGT), the JustLend DAO community officially approved the JST Buyback & Burn proposal. According to the proposal, all JustLend DAO's net income—plus any USDD multichain ecosystem revenue exceeding $10 million—is dedicated to repurchasing and burning $JST. All transactions are executed on-chain for total transparency.
I. Details of the Second Burn
Execution Time: Thursday, January 15, 2026 (SGT)
Income Composition:
- 2025 Q4 Net Income of JustLend DAO: $10,192,875
- Carried Over Income (Previous Periods): $10,340,249
Tokens Burned:
- JST Burned: 525,000,000 JST
- Estimated Value: ~$21M
All tokens for this round have been successfully transferred to the designated burn address.
Transaction Hash: 5c7cd68483f1d32aebe1084b3dc9a6b742092bde1153db72b79a866617c14314
II. Buyback and Burn Progress
Cumulative Burn: 525,000,000 JST (representing 5.3% of the total supply) was permanently removed from circulation this round. As of January 15, 2026, the cumulative burned JST has reached 1,084,890,753, accounting for 10.96% of the total supply.
Future Schedule: JustLend Grants DAO will continue to execute the Buyback & Burn plan quarterly. Financial disclosures and on-chain records will be released to the community regularly.
Thank you for your support!
JustLend DAO Team
January 15, 2026 (SGT)