JST · a quarterly buyback-burn is shrinking the supply.
JST is the governance and utility token of the JUST DeFi ecosystem on TRON — ~8.54B circulating of a fixed 9.9B issuance, with no protocol mint and a revenue-funded buyback that burns JST every quarter.
Sell pressure. None active — JST has no mint and team vesting finished back in April 2022.
Buy pressure. JustLend DAO's quarterly buyback-and-burn removes about 270M JST per round; the next is due inside the window.
Net. About 3.2% taken off the market over 90 days — supply actively shrinking as the burn outpaces a zero mint.
- Quarterly buyback-and-burn (Round 4)~270M JSTJul 15 2026 · removed from market
JST is a fixed-issuance token — the full 9.9B was minted at genesis and there is no protocol mint, so no new JST is created. New circulating supply only moves out of already-minted reserves.
Team and investor allocations finished vesting back in April 2022, so no scheduled team, seed or reserve cliff reaches the market in the window.
The roughly 1.36B gap between the 9.9B issuance and circulating supply is mostly tokens already burned plus ecosystem reserves; no dated discretionary release is scheduled in the window — monitored.
No bankruptcy estate or court-ordered distribution applies to JST.
JustLend DAO runs a quarterly buyback-and-burn funded by protocol revenue and ecosystem surplus — JST is bought on the open market and sent to a burn address. The last round destroyed about 271M JST on Apr 16 2026, and the next quarterly round of roughly 270M is due inside the window (~July), so supply keeps shrinking.
There is no automatic per-transaction fee burn on JST; the only burn is the discretionary quarterly buyback already counted in Buy #1.
No separate open-market buying outside the quarterly buyback-and-burn programme — monitored.
No new multi-year lock or escrow announced in the window — monitored.
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