JST Fundamental Transformation: Buyback and Burn Reshape TRON DeFi Value Structure
1️⃣ JST is no longer just a governance token
JST has officially surpassed its original role as a simple governance token in JustLend.
Before Proposal 37 takes effect, its value is only linked to platform growth, with very limited direct capture of ecosystem revenue, and it can only passively follow the DeFi market cycle fluctuations.
After Proposal 37 takes effect, JST is directly and deeply tied to protocol revenue, upgrading from a “passive governance tool” to a “value accumulation asset.”
📢 The third phase of JST buyback and burn has been completed (April 15, 2026 SGT):
Burned 271 million JST (about $23.1 million). Cumulatively 13.56 billion JST have been burned, reducing the total supply by 13.7%. The total burn value exceeds $60 million, and the treasury still has about $100 million in reserves.
All transactions are verifiable on-chain. The burn is not just a paper commitment—it is a real value return.
@DeFi_JUST @justinsuntron #TRONEcoStar
1️⃣ JST is no longer just a governance token
JST has officially surpassed its original role as a simple governance token in JustLend.
Before Proposal 37 takes effect, its value is only linked to platform growth, with very limited direct capture of ecosystem revenue, and it can only passively follow the DeFi market cycle fluctuations.
After Proposal 37 takes effect, JST is directly and deeply tied to protocol revenue, upgrading from a “passive governance tool” to a “value accumulation asset.”
📢 The third phase of JST buyback and burn has been completed (April 15, 2026 SGT):
Burned 271 million JST (about $23.1 million). Cumulatively 13.56 billion JST have been burned, reducing the total supply by 13.7%. The total burn value exceeds $60 million, and the treasury still has about $100 million in reserves.
All transactions are verifiable on-chain. The burn is not just a paper commitment—it is a real value return.
@DeFi_JUST @justinsuntron #TRONEcoStar

















