13.7% of the Just Token (JST) supply was removed.
Measured in fiat money, the amount of tokens burned is equivalent to $111 million.
Just (JST), the governance token of Just DAO within the TRON ecosystem, leads the weekly cryptocurrency price rise (within the top 100 by market capitalization). This occurs after completing, on April 17, 2026, the third phase of its token buyback and burning program.
From April 18 to 24, JST price went from $0.064 to $0.082, representing an increase of 28.1%.
The burning program removed more than JST 1,356 million from circulation, equivalent to 13.7% of the initial supply. At current prices, The total amount of tokens burned represents approximately $111 million.
According to reported By Just, this model was executed in three stages. In October 2025, phase 1 removed 559.89 million JST. In January 2026, phase 2 withdrew another 525 million. Finally, in April 2026, phase 3 completed the cycle with the burning of 271.34 million tokens.
As the number of tokens in circulation decreases, scarcity increases. If demand remains or grows, this imbalance tends to put upward pressure on the price.
The program is funded by ecosystem revenue, primarily from JustLend, and runs on-chain. This is relevant because buybacks do not depend on an additional issuance of tokens or artificial incentives, but on income generated by the protocol’s own activity.
JST is the governance token of Just DAO, a decentralized finance (DeFi) protocol built on the Tron network. Within this ecosystem, JustLend operates, a lending and deposit platform, where users can contribute assets to generate returns or borrow them.
Finally, it is worth noting that The name Just DAO is a kind of tribute to Justin Sun, the creator of the Tron network and one of the most influential characters in the digital asset ecosystem.as explained by CriptoNoticias.