On October 16, 2026, JustLend DAO completed its fifth community-approved buyback-and-burn of JST tokens, transferring 170,723,144 tokens to a burn address. This action reduces the circulating supply of JST, potentially impacting its market value by increasing scarcity. All burn transactions are publicly verifiable on-chain, ensuring transparency. This move reflects ongoing efforts by JustLend DAO to manage token supply and support tokenomics.
JustLend DAO's recent buyback and burn of 170.7 million JST tokens provides context for readers interested in token supply actions. For readers following the cryptocurrency market on Pluang, here is a snapshot as of Oct 17, 2026 21:21 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. COMP is priced at Rp384.065 with a 1-day change of -4.71% and a typical hold time of 98 days, KSM at Rp77.956 with -4.64% change and 80 days hold, and SUSHI at Rp3.951 with -4.53% change and 102 days hold time. Pluang order activity shows COMP favored by buyers at 92%, KSM at 76%, while SUSHI had more sellers at 58%.
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