JUST DAO Discloses 1.88 Billion JST Burned Across Five Rounds
Photo: TokenPost
JUST DAO disclosed that 1,881,973,007 JUST (JST) tokens were burned across five rounds, equivalent to 19.01% of the initial maximum supply, putting a precise scale on the token reduction. The fifth burn occurred in October, so the total includes activity after the third quarter. The cumulative value of the destroyed tokens was $118,152,576. That figure measures the value of burned JST, not cash spent on buybacks. The total includes 106,663,731.97 JST from USDJ stability fees that were burned directly through the token contract. The figures add a result to JUST DAO’s previously announced buyback plan .
Source: TokenPost
