JustLend DAO burn 525M JST for second buyback, cut total supply almost 11%
JustLend DAO, TRON decentralized lending protocol, don finish im second JST buyback-and-burn, wey dem remove permanently 525 million JST (≈$21 million) — about 5.3% of total supply. If you add wetin dem don burn before, dem don reduce about ~1.08 billion JST altogether, that be roughly 10.96% of supply, and dem achieve am under three months. The second buyback use SBM USDT balances wey come from after the first burn, show say part of the funding fit self-sustain based on protocol activity. Key metrics: JustLend TVL pass $7.08 billion, sTRX staking dey top 9.3 billion TRX, and GasFree Smart Wallet process $46 billion volume; USDD multi‑chain TVL pass $1 billion, give extra room for buybacks. Market respond include JST market-cap move enter above $400 million, 24h volume jump ~22% to $31.49 million, and month-to-date price go up ~10.8%. JustLend DAO plan make dem run quarterly buyback-and-burn cycles steady to reduce JST supply small small and make governance weight per token bigger as ecosystem activity grow. Traders suppose note say token scarcity don increase fit give short-term supply-driven price support; monitor liquidity, order-book depth and realized volume to see if e fit last; and watch for future treasury moves or product updates wey fit increase demand.
Bullish
Di announced buyback-dem burn dem dey reduce JST wey dey circulate well well (≈11% cumulative), wey be direct scarcity driver and e dey usually support price, especially if e join visible buyback funding and on-chain activity wey dey rise. Short-term impact fit dey bullish because of the supply shock and the observed uptick for market cap, volume and price. But how strong and how long price go stay depend on liquidity and whether dem go continue buybacks for same scale; if na one-off buybacks or liquidity thin, the initial gains fit fade. For medium to long term, if dem run recurring quarterly burn program wey tie to protocol revenue and ecosystem growth e fit sustainably reduce supply and increase per-token governance weight — na fundamental positive — as long as demand (TVL, staking, wallet usage, USDD activity) dey keep pace. Traders suppose balance the immediate supply squeeze against order-book depth, exchange listings, and whether on-chain metrics go turn into steady demand before dem increase position size.