JustLend DAO Launches First JST Buyback and Burn: Impacting TRON Market Dynamics

JustLend DAO has initiated its first buyback and burn program for the JST token, signaling a shift towards revenue-driven deflation on the TRON network. This action involved using 30% of net revenue to eliminate approximately 559 million JST (5.66% of total supply), impacting the overall valuation of TRON’s ecosystem. JustLend DAO’s initiative marks the beginning of a new revenue-driven deflationary cycle, aiming to manage supply and impact market dynamics positively.