JUST releases JST progress report and upgrades the buyback and burn mechanism

On October 26, JUST released its JST 2026 Q3 and October progress report. Across five rounds, a total of 1.882 billion JST have been repurchased and burned, with $118.15 million invested. JUST DAO has upgraded its repurchase and burn mechanism, shifting to rely on sustained ecosystem revenue. Starting from Q4 2026, the plan is to invest $20.34 million in repurchases over four phases and retain a $50 million treasury security reserve. JustLend's quarter-end TVL has remained above $7 billion, and GasFree recorded approximately 21.24 million transactions in Q3.