JUST DAO has burned 1,881,973,007 JST tokens, which is 19.01% of the initial maximum supply, across five rounds including a burn in October. The total value of these burned tokens is approximately $118 million, reflecting the reduction in circulating supply rather than cash spent on buybacks. This burn includes tokens from USDJ stability fees and aligns with JUST DAO's updated buyback plan funded by ecosystem revenue, aiming to keep a treasury reserve of at least $50 million. The DAO plans to continue buybacks with about $20.34 million in surplus funds scheduled for four installments starting in late 2026, supporting the ecosystem alongside its core products JustLend, USDD, and GasFree.
JUST DAO's token burn totaling 1.88 billion JST provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 26, 2026 17:21 WIB: out of 50 major cryptocurrencies, 26 rose and 22 fell. AVAX rose 1.97% to Rp161,632 with a typical hold time of 88 days, contrasting with SAND which fell 1.81% to Rp854 and saw 80% sell activity. ENJ gained 1.65% to Rp450, with 99% buy activity, showing varied investor sentiment across these assets.
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