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.
You may also like
Zelle Makes a Major Move Toward Stablecoins for International Growth—Will It Avoid Consortium Challenges?
- Zelle plans global expansion via stablecoins, leveraging its U.S. bank partnerships to enable faster, cheaper cross-border payments. - The initiative remains unclear on key details like unified token structure and foreign partners, despite $308B stablecoin market growth. - Regulatory clarity from the GENIUS Act and industry trends (e.g., JPMorgan's token plans) support banks' digital asset exploration. - Skeptics cite past failures like Fnality and coordination challenges among 2,500+ institutions as ris
Don’t get locked in. The $HUGS flexible staking system offers true freedom. Get on the whitelist before it closes.
Bitcoin Updates: Institutional Investors Drive Bitcoin Growth While ETFs Transform the Cryptocurrency Landscape
- Bitcoin's institutional adoption accelerates via ETF inflows and corporate strategies, with BlackRock and T. Rowe Price leading diversified crypto fund initiatives. - BlackRock's $211M Bitcoin ETF accumulation and T. Rowe's multi-asset crypto ETF filing highlight shifting ownership from retail to institutional investors. - ETF flows show $477M Bitcoin inflows vs. Ethereum outflows, while whale activity and SpaceX's $134M BTC transfer signal consolidation among long-term holders. - A $21B Bitcoin-collater
ZEC Surges 265.57% Over the Past Month as Market Experiences Robust Rally
- Zcash (ZEC) surged 265.57% in 30 days, hitting $270.88 amid crypto market rebound post-$19B liquidation. - Analysts highlight ZEC's bullish technical patterns, institutional interest, and macroeconomic tailwinds driving its 382.83% annual gain. - A proposed backtest aims to analyze ZEC's historical performance after 15%+ daily surges, though data collection challenges persist. - Market observers monitor key levels for trend continuation, with ZEC maintaining strong volume support and bullish on-chain act
Trending news
MoreCrypto prices
More
