JST Buyback and Burn Mechanism Upgraded, JUST DAO Unifies Governance and Establishes $50 Million Reserve Fund
JUST has announced an upgrade to the JST buyback and burn mechanism. Following the completion of the fifth round of buybacks and burns, the mechanism officially enters a new phase: at the governance level, decision-making will be centralized under the JUST DAO, which will also establish a reserve fund of at least $50 million for risk mitigation, emergency redemptions, and liquidity support to enhance the mechanism's resilience and execution stability. At the buyback level, operations will now be executed based on the JUST ecosystem's quarterly sustainable revenue, establishing a standardized routine of ongoing buybacks and periodic burns that more tightly aligns the buyback volume with the ecosystem's actual revenue.