TechFlow News, October 17 — JustLend DAO announced that, in accordance with the JST buyback and burn plan proposal formally approved by the community, it successfully completed its fifth $JST buyback and burn on October 16, 2026 (SGT). A total of 170,723,144 JST was burned, with all tokens transferred to a burn address. All transactions can be verified on-chain. This buyback and burn marks an important step in JustLend DAO’s ongoing efforts to advance its deflationary mechanism and implement community governance decisions. By reducing the circulating supply of JST, it further strengthens the token’s value support and the ecosystem’s long-term sustainability. From the community proposal to on-chain execution, the entire process was open and transparent, providing a verifiable governance example for the continued implementation of the buyback and burn mechanism.