JustLend DAO starts burning 560 million JST

• JustLend DAO launches JST buyback and burn
• Deflation is sustained by real and recurring revenue
• TRON Ecosystem Surpasses $12 Billion in TVL

JustLend DAO, the TRON ecosystem's leading DeFi protocol, completed the first large-scale buyback and burn of the JST token on October 21st, marking the beginning of a deflationary model supported by real revenues. The initiative will transform JST from a fully circulating token into a decreasing supply asset, anchored by the protocol's profits.

According to the announcement, over 59 million USDT accumulated from the protocol's revenue has been allocated for buyback and burning. Approximately 30%—approximately 17,72 million USDT—has already been used to eliminate 560 million JST, representing 5,66% of the total supply. The remaining 70%, equivalent to over 41 million USDT, will be burned over four quarters.

Unlike buyback programs based on temporary subsidies, JustLend DAO's model is driven by net, recurring profits generated by both the protocol and the USDD stablecoin. Revenues from USDD multi-chain operations, when they exceed $10 million, will also be allocated to the buyback fund. According to the plan, each quarter will begin with a burn of the previous period's net revenue, plus 17,5% of the accumulated reserve.

The DAO currently holds the buyback funds as jUSDT in the SBM USDT market, allowing them to generate additional yield before being used in future burns. The expectation is that, as revenue increases, the total JST burned will exceed 20% of the circulating supply, reinforcing the token's scarcity and price support.

With JST reaching full circulation in 2023—and with no new unlocks planned—the protocol establishes a sustainable deflationary cycle, in which each burn represents a permanent reduction in supply. Currently, the JUST ecosystem accounts for approximately US$12,2 billion in total value locked (TVL), with US$7,62 billion coming from JustLend DAO, which ranks fourth globally among lending platforms.

JST, now on a deflationary trajectory, directly benefits from the continued revenue growth of JustLend DAO and USDD. This real-profit model solidifies JST's position as a strategic asset within the TRON ecosystem and one of the leading DeFi tokens with a revenue-backed deflation mechanism.