JustLend ecosystem reaches an important milestone—JST's second phase buyback and burn plan has been successfully implemented. According to official data, the total JST burned in this round exceeds 10.96% of the total supply. This move further optimizes the token economic structure.
Through a systematic buyback and burn mechanism, the project team effectively reduces the circulating supply in the market and also conveys a long-term commitment to the ecosystem's development. Such deflationary designs are not uncommon in Web3 projects, but whether they can truly support the token's value depends ultimately on the practical application and user growth within the ecosystem.
As an important DeFi application within the TRON ecosystem, JustLend's actions also reflect the ecosystem's emphasis on token value management. The subsequent development of the ecosystem is worth continued attention.
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rekt_but_resilient
· 6h ago
Destroying more than 10%, sounds good, but I'm worried it might just be the old trick before another round of cutting the leeks.
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SchrodingerWallet
· 01-18 12:51
Burn 10.96%? Sounds like a lot, but who hasn't seen this trick before... The key still depends on whether the TRON ecosystem can really get off the ground.
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AirdropChaser
· 01-18 12:47
Burning 10.96% sounds pretty impressive, but it really depends on the ecosystem user data. What's the use of just burning coins?
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GateUser-6bc33122
· 01-18 12:47
Burned 10.96%? Sounds good, but why is the price still not moving?
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AltcoinHunter
· 01-18 12:33
Burning 10.96% sounds pretty impressive, but we all know that in the end, it still depends on whether there are real users using the ecosystem... Paper deflation is useless.
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Gm_Gn_Merchant
· 01-18 12:23
Burning coins by more than ten percentage points, essentially betting on a price rally later, otherwise it's just a pretext to harvest profits.
JustLend ecosystem reaches an important milestone—JST's second phase buyback and burn plan has been successfully implemented. According to official data, the total JST burned in this round exceeds 10.96% of the total supply. This move further optimizes the token economic structure.
Through a systematic buyback and burn mechanism, the project team effectively reduces the circulating supply in the market and also conveys a long-term commitment to the ecosystem's development. Such deflationary designs are not uncommon in Web3 projects, but whether they can truly support the token's value depends ultimately on the practical application and user growth within the ecosystem.
As an important DeFi application within the TRON ecosystem, JustLend's actions also reflect the ecosystem's emphasis on token value management. The subsequent development of the ecosystem is worth continued attention.