On the buyback upgrade, JUST just added a third leg
JST buyback-and-burn mechanism upgrade announced on 10-24
Previously, buyback funds came from just two sources
JustLend and USDD
Now GasFree has joined them
All three business lines are now feeding the buyback pool
The first surplus to be allocated is $20.34 million
Starting in Q4 2026, it will be put toward buybacks in four installments
Not a one-off splurge, but ongoing purchases and regular burns
There’s also a $50 million reserve floor underneath it all
Only funds above that floor will go entirely toward buybacks
The previous phase of this strategy just wrapped up
On 10-16, the fifth round burned 170.7 million JST, worth about $23.53 million
Across five rounds, 1.882 billion JST have been burned, or 19.01% of the total supply
Total supply has fallen from 9.9 billion to about 8.02 billion
This new leg, GasFree, is no small addition either
As of 10-23, it had processed over $157.1 billion in stablecoin transfers
More than 9.14 million transactions, across over 500,000 addresses
Cumulative revenue from March 2025 through Q3 2026 was about $12.03 million
TVL across the entire JUST ecosystem is about $12.2 billion, with JustLend above $7.13 billion
On 10-24, JST was about $0.141, up about +0.9% over 24h
The buyback story has been going for a year, and the price hasn’t been propped up by talk alone
Now that all three legs are feeding the pool, can the buybacks stay steady?
#JST回购升级 $JST
Just my personal opinion; this is not investment advice
JST buyback-and-burn mechanism upgrade announced on 10-24
Previously, buyback funds came from just two sources
JustLend and USDD
Now GasFree has joined them
All three business lines are now feeding the buyback pool
The first surplus to be allocated is $20.34 million
Starting in Q4 2026, it will be put toward buybacks in four installments
Not a one-off splurge, but ongoing purchases and regular burns
There’s also a $50 million reserve floor underneath it all
Only funds above that floor will go entirely toward buybacks
The previous phase of this strategy just wrapped up
On 10-16, the fifth round burned 170.7 million JST, worth about $23.53 million
Across five rounds, 1.882 billion JST have been burned, or 19.01% of the total supply
Total supply has fallen from 9.9 billion to about 8.02 billion
This new leg, GasFree, is no small addition either
As of 10-23, it had processed over $157.1 billion in stablecoin transfers
More than 9.14 million transactions, across over 500,000 addresses
Cumulative revenue from March 2025 through Q3 2026 was about $12.03 million
TVL across the entire JUST ecosystem is about $12.2 billion, with JustLend above $7.13 billion
On 10-24, JST was about $0.141, up about +0.9% over 24h
The buyback story has been going for a year, and the price hasn’t been propped up by talk alone
Now that all three legs are feeding the pool, can the buybacks stay steady?
#JST回购升级 $JST
Just my personal opinion; this is not investment advice