JustLend DAO Burns 170.7 Million JST in Fifth Buyback Round as BTT Completes First Burn of 21.62 Trillion Tokens
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JST Fifth Burn
JustLend DAO completed its fifth JST buyback and burn on October 16, 2026 (SGT), destroying 170,723,144 JST under the community-approved buyback proposal, per @DeFi_JUST (Oct 17, 10:18 UTC; post). A follow-up from the same account put the round at 1.72% of total supply and an estimated $23.53M in burn value, and said every burn across the five rounds can be verified on-chain (Oct 17, 14:30 UTC; post). In a Chinese-language quote of a related post, @justinsuntron ranked JST first among DeFi tokens for buybacks and burns and called it the "money printer" of the DeFi sector (Oct 17, 15:32 UTC; post).
Burn Claims from Sun
BTT's first buyback and burn destroyed 21.62 trillion tokens, or 2.18% of total supply, Justin Sun wrote in Chinese while quoting another post (Oct 17, 15:39 UTC; post). In a separate post, he said TRX ranks first in the world for burns. He added that burns of several TRON ecosystem tokens, including JST, SUN and WIN plus two the feed showed only as contract addresses, now rank first in their own categories as well (Oct 17, 15:38 UTC; post). Quoting the same earlier post, @justinsuntron (Oct 17, 04:14 UTC; post) and @sunyuchentron (Oct 17, 04:58 UTC; post) both placed HTX's burn effort among the strongest across the market.
Tron Inc. Treasury
Tron Inc. (NASDAQ: TRON) bought another 148,607 TRX at an average price of $0.3365, which takes its treasury above 719.2 million TRX, according to @TRON_INC (Oct 17, 02:29 UTC; post). The post again names growing the company's Tron DAT holdings for long-term shareholder value as the goal.