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JustLend DAO Community Releases Proposal for JST Repurchase and Destruction
Summary: JustLend DAO has released a proposal for JST repurchase and destruction on the governance forum. The proposal aims to optimize the JST token economic structure, enhance governance efficiency and long-term value, and build a more sustainable deflationary mechanism. According to the proposal, repurchase funds will mainly come from JustLend DAO's net income (including sTRX earnings ...
JustLend DAO has released a proposal for JST repurchase and destruction on the governance forum. The proposal aims to optimize the JST token economic structure, enhance governance efficiency and long-term value, and build a more sustainable deflationary mechanism. According to the proposal, repurchase funds will mainly come from JustLend DAO's net income (including sTRX earnings and SBM net income), as well as incremental earnings after USDD multi-chain ecosystem profits exceed $10 million. All repurchase operations will be transparently executed on-chain, and the repurchased JST will be permanently destroyed to gradually reduce market circulation. In addition, the DAO plans to continue repurchasing with new net income on a quarterly basis and regularly publish progress reports. Officials stated that this mechanism will further solidify JST's governance attributes and drive the TRON ecosystem on the TRON network to achieve healthier and more resilient growth.
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Link: JustLend DAO Community Releases Proposal for JST Repurchase and Destruction [Copy]
