JST has just completed its second round of burning, and this progress remains quite steady.



Let's discuss the logic behind the burning. The repurchase and burn funds for JST come from the income generated by the JustLend DAO protocol. The most straightforward effect of this mechanism is that the circulating supply is continuously shrinking. With each batch of tokens burned, the amount of JST in circulation decreases by one share, and the value basis of each remaining token is relatively increased. This deflationary design is beneficial to token holders because the total supply is decreasing, while the protocol income continuously supports the burns, forming a positive feedback loop.
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SchrodingerWalletvip
· 10h ago
I've seen many schemes of the market shrinking, but JST's pace is indeed solid, unlike some projects that only boast about burning tokens without taking real action.
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FunGibleTomvip
· 11h ago
Well, it's still the same deflationary logic. Holding coins is equivalent to increasing your holdings indirectly, and I love that.
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BugBountyHuntervip
· 11h ago
Destroying is basically helping us pump the price up; with less circulating supply, the tokens held by investors become more valuable.
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UncleWhalevip
· 11h ago
The second round of burning is happening, huh? This logic is indeed clever... shrinking the circulating supply means the coins in your hands become more valuable, pretty straightforward and brutal.
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ReverseFOMOguyvip
· 11h ago
Destroying this matter, in simple terms, is about increasing the value of the coins we hold. As the circulating supply decreases, the value base rises accordingly, clever. But on the other hand, how long this mechanism can stay stable depends on whether the protocol income can truly be sustained continuously... JST's pace is indeed quite steady, already in the second round, which isn't an exaggeration. Wait, the deflationary design sounds good, but it can't withstand the market's crazy coin printing, so we need to guard against that. This positive feedback sounds great, but the premise is that the chain must stay alive. The underlying logic of destruction is fine, it all depends on whether the subsequent protocol income can support it. Holders should be secretly happy now, waiting for scarcity to increase. The second round of destruction is proceeding smoothly, and this pace is very steady.
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