JUST DAO sets $50M reserve floor for JST buybacks, plans $20.34M surplus burn starting Q4 2026

JUST DAO has established a $50 million treasury reserve floor for buying back its governance token, JST, and plans to burn an estimated $20.34 million in surplus funds starting in the fourth quarter of 2026. The revised buyback program will include revenue from GasFree and shift execution responsibility from JustLend Grants DAO to JUST DAO. The buybacks will use sustainable quarterly revenue from all business lines, with tokens burned on a schedule and funds below the reserve excluded. This move follows five completed buyback-and-burn rounds that destroyed nearly 19% of the total JST supply, aiming to support token value and ecosystem health.

JST (JUST) trades at Rp2.533 on Pluang as of Oct 24, 2026 23:21 WIB, showing a 0.39% gain in the last day. The token's market cap stands at Rp20.33 trillion with a circulating supply of 8 billion JST. Buy orders slightly outnumber sell orders at 53% to 47%, reflecting steady interest in JST amid the DAO's buyback plans.