JUST DAO (@DeFi_JUST): 📢#JustLendDAO has launched Proposal #37 on JST Buyback & Burn Program
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- JST+85Positive
📢#JustLendDAO has launched Proposal #37 on JST Buyback & Burn Program JustLend DAO proposes to implement a #JST buyback & burn mechanism using existing and future incremental net revenues from JustLend DAO & USDD. This aims to reduce circulating JST supply, create a deflationary model, and strengthen long-term value and governance. 🔹Funding Sources: existing net revenue from JustLend DAO (including SBM & sTRX) + future incremental net revenue from USDD only for the portion exceeding $10 million. 🔹Buyback & Burn: initial phased repurchases using existing net revenue, followed by periodic buybacks using future net revenue; repurchased tokens will be permanently burned by sending them to designated TRON burn addresses. 🔹Governance & Transparency: fully DAO-governed, progress updates shared with the community. 🔗Read the full proposal: https://t.co/LRNnGwHo03 #TRON #DeFi