Proposal on JST Buyback & Burn Program

Governance Grants
1

Overview

As the JST ecosystem continues to evolve, its governance token, JST, plays an increasingly vital role in JustLend DAO & USDD. To optimize token ecocomics, secure long-term value, and enhance governance efficiency, the community is launching a JST buyback and burn mechanism.

The buyback program will be funded primarily by two sources: JustLend DAO’s net revenue and any USDD multi-chain ecosystem revenue above the $10 million threshold. All buyback operations will be executed transparently on-chain. This approach will progressively reduce the circulating supply of JST in the market, creating a deflationary model that adds value and drives the JST ecosystem towards greater sustainability.

Buyback & Burn Details

Funding Sources

  • JustLend DAO’s net revenue comprises two components: sTRX revenue and SBM net revenue.
    SBM net revenue = SBM total revenue - SBM reserved funds - SBM outstanding bad debt
  • Once USDD net revenue exceeds the $10 million threshold, all additional net revenue will be directed toward continuous JST buybacks.

Buyback Mechanism

  • Buyback Frequency: Revenue generated before October 1, 2025, 0:00 (Singapore time) will fund multiple buyback operations based on prevailing market conditions. Going forward, incremental net revenue generated quarterly will be used to buy back JST at the start of the following quarter.
  • Amount: Specific amounts will be announced at a later date.
  • Token Burn: All repurchased JST tokens will be permanently removed from circulation by sending them to designated burn addresses.

Governance & Transparency

  • The buyback and burn program will strictly follow DAO governance protocols.
  • We will provide regular updates on execution progress to ensure transparent and open information sharing with the community.

Conclusion

The JST buyback and burn program optimizes the token supply structure while boosting community confidence, supporting the governance token’s long-term value appreciation. By strategically leveraging revenue streams from JustLend DAO and USDD, this program establishes a sustainable deflationary model for JST, positioning the entire ecosystem for healthier and more robust growth.

Thank you for your support!
JustLend DAO

5

This is a smart move for JST sustainability. I’d love to see more details on how buyback frequency and market conditions will be evaluated, transparency around that would make this initiative even stronger for all stakeholders.

6

So is it real or this will end like the previous burning system ended died prematurely?

7

Please keep eyes on the upcoming proposal in the JustLend DAO, where more information about the JST Buyback & Burn Program will be available. Thanks!
https://app.justlend.org/voteNew?lang=en-US

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