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JST has completed a two-phase systemic buyback and burn program, burning over $38.7 million in total.

 to date, JustLend DAO has completed the destruction of 1,084,890,753 JST tokens through a two-phase systematic repurchase and burn mechanism, achieving a permanent reduction of 10.96% in total supply, with a cumulative burn value of approximately 38.7 million USD.

Among them, the first phase achieved a burn value of 17.73 million USD, and the second phase further expanded the scale, completing a burn process of about 21 million USD. JustLend DAO will continue to implement a transparent and sustainable deflationary economic strategy, continuously strengthening the long-term value foundation of the JST token model.

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