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JST recently completed a 5% large-scale buyback, with a total of 525 million tokens incorporated into the destruction mechanism. The value of this buyback amounts to $21 million. Based on the destruction speed, approximately $239,000 worth of tokens are destroyed daily, which translates to about $10,000 per hour. The project team has completed two rounds of 10% buyback operations.
JST's buyback model is quite unique — all protocol-level revenue is directly used for token buybacks and burns. This mechanism design can create ongoing deflationary pressure. Currently, the total locked value in the JustLend DAO ecosystem has surpassed $7.08 billion, and the ecosystem fundamentals remain steadily growing. Supported by this buyback and burn mechanism, JST's value capture logic within the TRON ecosystem is gradually becoming evident.