JustLend DAO has announced a governance proposal to buy back and burn JST tokens, aiming to optimize the token's economic structure and enhance governance efficiency. The initiative will be funded by the DAO's net income, including sTRX earnings and SBM net income, alongside profits from the USDD multi-chain ecosystem exceeding $10 million. The buybacks will be conducted transparently on-chain, with the acquired JST permanently destroyed to reduce market circulation. Scheduled to occur quarterly, these buybacks will utilize new net income, with regular progress reports published. This strategy is designed to strengthen JST's governance attributes and support sustainable growth within the TRON ecosystem.
JustLend DAO Proposes JST Buyback and Burn to Boost Token Economics
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