Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
JustLend DAO community releases proposal for JST buyback and burn

JustLend DAO community releases proposal for JST buyback and burn

金色财经金色财经2025/10/11 03:22
Show original

Jinse Finance reported that JustLend DAO has published a JST buyback and burn proposal on its governance forum. The proposal aims to optimize the JST token economic structure, enhance governance efficiency and long-term value, and establish a more sustainable deflationary mechanism. According to the proposal, buyback funds will mainly come from JustLend DAO's net income (including sTRX earnings and SBM net income), as well as incremental profits after the USDD multi-chain ecosystem exceeds $10 million. All buyback operations will be executed transparently on-chain, and the repurchased JST will be permanently burned to gradually reduce the circulating supply in the market. In addition, the DAO plans to continue buybacks on a quarterly basis using new net income and will regularly publish progress reports. The official statement noted that this mechanism will further strengthen JST's governance attributes and promote healthier and more resilient growth for the TRON ecosystem.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

New York Federal Reserve Survey: Service Sector Price Increases Hit Fastest Pace Since 2022, Business Activity Index Drops to Lowest Since March

A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

华尔街见闻•2026/10/16 22:46
New York Federal Reserve Survey: Service Sector Price Increases Hit Fastest Pace Since 2022, Business Activity Index Drops to Lowest Since March