JUST Moves JST Buyback-and-Burn Under JUST DAO With a $50 Million Treasury Reserve

JUST Restructures Under Its DAO

The JUST brand upgrade is now live, according to @DeFi_JUST (Oct 23, 13:30 UTC; post). The brand is now organized around three core product lines, and governance and JST buyback-and-burn operations are combined under JUST DAO. A redesigned official website went up at the same time. Five minutes later, the account published an updated JUST Whitepaper covering the ecosystem's architecture, the three product lines and revised JST tokenomics (Oct 23, 13:35 UTC; post).

The JST Buyback & Burn Program is "entering a new phase," the same account announced (Oct 23, 13:45 UTC; post). The upgraded mechanism puts governance under JUST DAO, sets a minimum $50 million treasury reserve for risk mitigation, and provides for emergency redemptions. Future buybacks will be funded by sustainable quarterly ecosystem revenue, including revenue associated with GasFree. Approximately $20.34 million in surplus funds above the reserve threshold is designated for phased release beginning in Q4 2026.

JustLend Energy and ETHB Loans

On JustLend DAO, 100,000 Energy was quoted at 3.894 TRX for a one-day rental, equivalent to approximately 39 sun per Energy unit per day, @DeFi_JUST posted (Oct 23, 06:57 UTC; post). The post again cites the earlier base rate cut from 15% to 8%. TronRelic covered that cut on Sep 25 and reported a quote of 4.871 TRX per 100,000 Energy on Oct 16. The same account also told ETHB Market borrowers to repay any outstanding loans. Supply and Borrow are disabled on that market, but existing loans still have to be repaid (Oct 23, 09:32 UTC; post).

Treasury and Network Figures

Tron Inc. (NASDAQ: TRON) bought 150,776 TRX at an average price of $0.3316, which takes its TRX treasury above 720.1 million, per @TRON_INC (Oct 23, 02:42 UTC; post). A Chinese-language weekly recap from @trondaoCN repeated figures published earlier in October showing that TRON's share of stablecoin market capitalization reached 30.2% by the end of Q3, up from 28.7% at the end of June. The recap also cited TRON's estimated 73% share of global peer-to-peer stablecoin transfer volume as of September 30 (Oct 23, 10:29 UTC; post).

Revisiting previously reported Q3 figures attributed to @nansen_ai, the same account said stablecoin settlement on TRON reached $2.21 trillion, up 5.1% from the previous quarter. It also reported more than 1 billion network transactions and 3.72 million daily active addresses for the quarter (Oct 23, 04:18 UTC; post). USDD's market capitalization grew by $180.3 million during October 12–19, according to a report from @RWAFoundation_ and @tokenterminal cited by @usddio_cn. That figure represents approximately 40% of the combined $449.1 million increase among the ten comparable stablecoin issuers in the report (Oct 23, 07:16 UTC; post).

Wallet and Node Notices

TronLink has added a page that shows the latest app version and its release history, per @TronLinkWallet (Oct 23, 15:50 UTC; post). The java-tron GreatVoyage-v4.8.2.4 (Empedocles) release, published October 22 and previously covered by TronRelic, was the subject of an October 23 mandatory-upgrade reminder from @trondao, which asked node operators to upgrade promptly (Oct 23, 07:50 UTC; post). The Chinese-language notice from @trondaoCN added that nodes that do not upgrade may have trouble with block synchronization (Oct 23, 07:15 UTC; post).

@justinsuntron reiterated that "Tokenized equities and US Treasuries are part of the plan for TRON" (Oct 23, 02:50 UTC; post). @sunyuchentron said in Chinese that bringing them onto TRON is the next focus (Oct 23, 03:24 UTC; post). TronRelic covered this plan earlier. In a separate post, Sun wrote that @JustinSunPrize is there to support work on the SYZ Conjecture, a problem he said has challenged researchers for 30 years (Oct 23, 05:09 UTC; post). TronRelic also previously covered Mercuryo's TRON swaps and the AGNTCon + MCPCon event. @trondao announced that the conference had wrapped (Oct 23, 17:31 UTC; post).

Project Updates

TRON DAO Forum: "Gasless: Send USDT on TRON Without Buying TRX — and Pay Up to 50% Less in Fees." User michael.studenets posted this topic in the TBL category. It is promotional, and its claims are unverified. The poster says he founded Gasless and describes three products:

• Gasless Wallet: a non-custodial iOS USDT wallet with social login secured by Turnkey. It pays fees in USDT, and the poster quotes about 3.5 TRX per transfer instead of about 7 TRX.
• Gasless Node: an RPC endpoint for TronLink, TokenPocket and similar wallets. It supplies Energy and Bandwidth before broadcasting a transaction and charges 50% below the standard network fee from a prepaid internal TRX balance.
• Tronergy: an Energy rental service and API priced at 2 TRX per 65,000 Energy, with separate charges potentially applying for Bandwidth and account activation.

The poster claims more than 2,000 wallet users and says Tronergy has processed more than 87,000 transactions and delivered more than 7 billion Energy. The stated roadmap adds Ethereum support, swaps and a bridge. Source: forum topic, opened Oct 23, 18:43 UTC.

TRON TIPs. Federico2014 is a repository contributor and the author of TIP-935. Replying to a suggestion from waynercheung, he said the TIP already documents both acceptance and rejection risks and requires them to be weighed when judging activation readiness. He said he will open a follow-up issue in tronprotocol/java-tron after further evaluation (Oct 23, 08:03 UTC; comment). TIP-935, "Harden ECDSA Signature Validation," is an open draft. It proposes a governance-activated parameter that would enforce strict ECDSA signature recovery, rejecting out-of-range signature components and recovered public keys at the point at infinity. The proposal has not been activated.