Deep Tide TechFlow News, April 16, according to an official announcement, JustLend DAO today officially completed its third JST token buyback and burn. A total of 271,337,579 JST tokens were burned, corresponding to an estimated value of $21.3 million, and the tokens have been transferred to a black hole address. The funds for this burn came from the protocol’s net revenue in the first quarter of 2026 and earnings carried over from previous periods. As of April 16, 2026, the total number of JST tokens burned has reached 1,356,228,332, accounting for 13.70% of the total supply. JustLend DAO will continue to carry out buyback and burn operations on a quarterly basis, and will regularly and transparently disclose progress to the community, jointly promoting value empowerment.

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