📢#JustLendDAO has launched Proposal #37 on JST Buyback & Burn Program
JustLend DAO proposes to implement a #JST buyback & burn mechanism using existing and future incremental net revenues from JustLend DAO & USDD. This aims to reduce circulating JST supply, create a deflationary model, and strengthen long-term value and governance.
🔹Funding Sources: existing net revenue from JustLend DAO (including SBM & sTRX) + future incremental net revenue from USDD only for the portion exceeding $10 million.
🔹Buyback & Burn: initial phased repurchases using existing net revenue, followed by periodic buybacks using future net revenue; repurchased tokens will be permanently burned by sending them to designated TRON burn addresses.
🔹Governance & Transparency: fully DAO-governed, progress updates shared with the community.
🔗Read the full proposal:
#TRON #DeFi

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