07:44
JustLend DAO has completed the first JST burn, and the deflationary process has been initiated.
Odaily News According to the latest destruction announcement, JustLend DAO currently has a total revenue of 59,087,137 USDT, and 30% of this amount (17,726,141 USDT) has been used to repurchase and destroy 559,890,753 JST, accounting for approximately 5.66% of the total JST supply; the remaining 70% of the revenue (41,419,815 USDT) will be distributed over four quarters and has now been deposited into the USDT lending market of JustLend DAO's SBM, with future earnings to be used for JST repurchase and destruction.

