JustLend DAO burns 170.72M JST in fifth buyback round
- —170,723,144 JST burned, with the transaction confirmed onchain
- —This is the fifth round of the JST buyback-and-burn program
- —The fourth round burned 355.02 million JST
- —Buyback amount and funding source were not disclosed
Why it matters: The burn reduces JST supply, but without the buyback value the market impact is hard to gauge.
Source: TokenPost