JustLend DAO community releases JST repurchase and destruction proposal

JustLend DAO has published a JST buyback and burn proposal on the governance forum. This proposal aims to establish a more sustainable deflationary mechanism by optimizing the JST token's economic structure, enhancing governance efficiency, and long-term value. The proposal states that buybacks will primarily be funded by JustLend DAO's net revenue (including sTRX and SBM net revenue) and incremental revenue from the USDD multi-chain ecosystem once profits exceed $10 million. All buybacks will be transparently executed on-chain, and JST tokens received will be permanently destroyed to gradually reduce the circulating supply. Furthermore, the DAO plans to continue buybacks on a quarterly basis using incremental net revenue and provide regular public progress reports. Officials stated that this mechanism will further strengthen JST's governance and promote healthier and more resilient growth for the TRON ecosystem.