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Ju.com Completes Third Batch of 1 Million JU Token Repurchase and Destruction, Totaling 2 Million Tokens Destroyed
Summary: Ju.com has announced the completion of the first phase and third batch of JU token repurchase and destruction plan, with 1 million JU tokens destroyed in this round, totaling 2 million tokens destroyed. The destruction was completed on December 3 at 15:10, with all tokens sent to the JuChain destruction address for verification on the ...
Ju.com has announced the completion of the first phase and third batch of JU token repurchase and destruction plan, with 1 million JU tokens destroyed in this round, totaling 2 million tokens destroyed. The destruction was completed on December 3 at 15:10, with all tokens sent to the JuChain destruction address for verification on the blockchain. This destruction is part of Ju.com's initial $20 million repurchase plan, funded entirely from platform operating profits. Since the launch of the plan in September 2025, Ju.com has completed three batches of 2 million JU token destruction on September 19, October 24, and December 3. Ju.com stated that it will continue to uphold the principles of transparency, fairness, and sustainability, firmly implementing a long-term repurchase mechanism. By reducing the market circulation, this mechanism aims to strengthen the deflation logic of the JU platform token, directly returning platform growth value to the community. The team emphasized that the repurchase and destruction plan will bring value back to users and the community, ensuring that JU continues to receive real usage scenarios and liquidity support.
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Link: Ju.com Completes Third Batch of 1 Million JU Token Repurchase and Destruction, Totaling 2 Million Tokens Destroyed [Copy]