It has been almost a year since the launch of the JST buyback and burn program. Four rounds have been completed. More than 1.71 billion JST tokens have been permanently removed from circulation, accounting for 17.29% of the total supply. The program links qualified revenue from the JUST ecosystem system with JST buyback operations, where each burn transaction is recorded on-chain and is publicly verifiable. The operations are carried out entirely on-chain.
1. Impact on the JST token:
Deflationary model: Removing 17.29% of the total supply permanently means reducing the supply available in the market (circulating supply). According to the law of supply and demand, if demand for the token remains constant or increases, the decrease in supply will drive the price upward over the medium and long term.
Linking price to positive project performance: The program ties buy and remove operations to the actual revenues of the JUST system (e.g., revenues from the JustLend DAO lending platform). This means that the more the platform is used and the more profits are realized, the more tokens will be burned.
Increasing investor confidence: Executing the process entirely on-chain and making it verifiable increases transparency and reduces the risks commonly found in some projects that announce fake or inaccurate burn operations.
2. Impact on the TRON network and its services
JST is the governance token of the JUST ecosystem built on the TRON network.
$JST $TRX
1. Impact on the JST token:
Deflationary model: Removing 17.29% of the total supply permanently means reducing the supply available in the market (circulating supply). According to the law of supply and demand, if demand for the token remains constant or increases, the decrease in supply will drive the price upward over the medium and long term.
Linking price to positive project performance: The program ties buy and remove operations to the actual revenues of the JUST system (e.g., revenues from the JustLend DAO lending platform). This means that the more the platform is used and the more profits are realized, the more tokens will be burned.
Increasing investor confidence: Executing the process entirely on-chain and making it verifiable increases transparency and reduces the risks commonly found in some projects that announce fake or inaccurate burn operations.
2. Impact on the TRON network and its services
JST is the governance token of the JUST ecosystem built on the TRON network.
$JST $TRX
