2026-01-18 13:34:07

JST burn address finally surfaces. A whale wallet holds approximately 1.085 billion JST tokens, corresponding to $45 million in locked assets. This number perfectly matches the total amount of JST burned in two rounds—essentially confirming that this is an official burn address.

Why is this worth paying attention to? Because the transparency of the burn mechanism directly determines the project's credibility. Every burn record on the chain is publicly available, verifiable by anyone, with no hidden tricks or false promises. This approach is uncommon in deflationary tokens—most projects either keep their burn plans vague or take no real action at all.

JST adopts a transparent burn strategy, allowing the market to monitor the token deflation progress in real-time. Investors' concerns can be directly alleviated through on-chain data. This is a significant plus for building the project's credibility.

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StakeOrRegret

· 7h ago

Wow, finally uncovered it. The transparency is really impressive. The burn address can be verified, much better than those boastful projects. I like the JST approach; they really dare to put the data on the table. Why are other coins so stingy? They should all learn from this. This move definitely boosts confidence; on-chain data speaks for itself.

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QuietlyStaking

· 7h ago

Wow, I finally found it. I kept wondering why I hadn't seen the burn address, turns out it's all locked up here. A truly confident project is one that dares to put the numbers on the chain, not playing the virtual game. Most token burns are just scams, JST's recent move is actually pretty interesting. 1.085 billion tokens—when the numbers match up, it feels good. That's what transparency is all about, everyone. But to be honest, burning alone isn't enough; the key is whether they can maintain stability in the follow-up.

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Rugpull幸存者

· 7h ago

This time they've really laid all their cards on the table, much more reliable than those projects that just talk about burning tokens every day. If the math checks out, it means there's no hidden agenda. On-chain transparency reveals the truth, that's what transparency is all about. Most projects just talk but don't act. JST at least dares to reveal wallet addresses, I respect that. Finally, we can stop guessing. The data is right there for everyone to see. But the real test is still to come. Let's see if the subsequent burns can continue steadily.

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CompoundPersonality

· 7h ago

Finally found the burn address. Its transparency is truly impressive, much more reliable than some projects' "burn" claims. On-chain data is available here for anyone to verify. Now that's real transparency. Not many projects do this with deflationary tokens; most just talk about it.

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RugDocDetective

· 7h ago

Haha, I finally found it. This transparency really exposes a lot of projects. Revealing the burn address is basically like taking off your pants for everyone to see. What about other projects? They all dodge and evade. On-chain data is right there; you can't even lie about it. This is what doing things properly looks like. Honestly, this kind of verifiable deflationary mechanism is much more convincing, unlike some projects that just shout slogans.

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MetaMisfit

· 8h ago

Finally figured out the burn address. By the way, why are other projects so secretive? On-chain data is there; it's really impossible to fake, which makes it more honest than most projects. 10.85 billion JST tokens correspond to a burn amount of 45 million USD. It seems like a significant effort, at least the attitude is genuine. However, I still want to see the subsequent burn frequency. After all, a one-time transparent event isn't enough; consistency is the real test.

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blocksnark

· 8h ago

Haha, finally found it. I always thought it was a big whale hoarding. On-chain data is there for everyone to see, and it’s much more reliable than those vague projects. But we still need to see the subsequent burn efforts; transparency alone isn’t enough.

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