JustLend DAO released its JST Q1 2026 quarterly report, describing it as a summary of recent performance and key milestones reached during the first quarter. In the announcement, the protocol said the report is part of its broader effort to keep the community updated on operational progress and major ecosystem developments.
The update matters for JST holders and JustLend DAO users because it highlights both token supply reduction and market expansion. According to the announcement, the protocol has now completed its first three buyback-and-burn cycles, permanently removing 1,356,228,332 JST, or 13.70% of total supply, with a cumulative burned value of $60,026,141. The report also points to steady JST price appreciation in Q1 and says the token’s listing on Bitkub expanded global trading access and liquidity.
The next point to watch is the rollout of the protocol’s upgraded buyback-and-burn model. JustLend DAO said that once the current allocated funds are fully used, the next phase will draw on additional revenue sources including sTRX staking, SBM, accumulated USDJ revenue, Gas Free revenue, and future USDD earnings.
Source: JustLend DAO announcement.
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