Overview
- JustLend DAO completed its third buyback-and-burn, removing 271,337,579 JST worth about $21.3 million by sending the tokens to a black-hole address.
- The latest round drew entirely from protocol earnings, with about $10.34 million from accumulated revenue and $10.97 million from net income in Q1 2026.
- Total destroyed now stands at 1,356,228,332 JST, equal to 13.70% of supply, after earlier burns of roughly 559 million in October 2025 and 525 million in January 2026.
- Grants DAO executed the process on-chain, and a public transparency page shows the deployed capital, burned amounts, and transaction hashes.
- JustLend DAO says it will continue quarterly buybacks and provide regular, verifiable updates as the revenue-funded program moves forward.