JustLend DAO Community Releases JST Buyback and Destruction Proposal
JustLend DAO has released a proposal for JST repurchase and destruction on the governance forum. The proposal aims to build a more sustainable deflation mechanism by optimizing the JST token economic structure, enhancing governance efficiency and long-term value.
The proposal shows that the repurchase funds will mainly come from the net income of JustLend DAO (including sTRX revenue and SBM net income), as well as incremental income after USDD multi-chain ecosystem profits exceed 10 million US dollars. All repurchase operations will be transparently executed in chain form, and the repurchased JST will be permanently destroyed to gradually reduce the market circulation.
In addition, the DAO plans to continue to execute repurchases using new net income on a quarterly basis, and regularly publish progress reports. Officials stated that this mechanism will further solidify the governance attributes of JST, and promote a healthier and more resilient growth of the TRON ecosystem on the Wave field.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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