Dear JustLend DAO community members and JST holders,
We are excited to announce the release of the JST 2025 Q4 Quarterly Report. This document provides a comprehensive overview of our recent performance and the key milestones achieved in the final quarter of 2025. You can access the full report here.
To uphold our commitment to transparency and community empowerment, we will continue to publish these reports on a quarterly basis. Our goal is to ensure every member has clear insight into our operational health, core mechanism updates, and the broader progress of the JUST ecosystem.
Key Highlights
Buyback-and-Burn Milestone: Following the approval of the buyback-and-burn proposal in October 2025, the protocol has successfully completed its first two burn cycles. To date, 1,084,890,753 JST — representing 10.96% of the total supply — has been permanently removed from circulation. The cumulative value of these burned tokens currently stands at $38,726,141.
Enhanced Transparency: The Q4 report details our treasury reserves and asset allocation. To keep the community updated, both JustLend DAO and USDD have launched dedicated Transparency sections on their official websites. These dashboards display real-time data, including protocol reserves, JST buyback-and-burn pool balances, and on-chain transaction records.
About JST
Issued on the TRON blockchain as a TRC20 asset, JST is the token that powers governance and value capture across the JUST ecosystem, granting its holders governance rights and a share of revenue from core protocols such as JustLend DAO. JST holders can participate in key decisions on interest rates, collateral assets, and the use of funds by submitting and voting on proposals, ensuring the protocol's development stays aligned with the long-term interests of token holders.
Thank you for your support!
JustLend DAO Team
January 27, 2026 (SGT)