I really think I can buy JST with this.
Looking at the proposal, it seems that an epic buyback and burn is about to start.
@justinsuntron #TronEcoStar

📢#JustLendDAO releases proposal #37: JST Buyback and Burn Mechanism
JustLend DAO proposes to implement the #JST buyback and burn mechanism within the JustLend DAO and USDD ecosystem, gradually reducing the circulating supply of JST using existing and future net profits, establishing a deflationary model, enhancing the long-term value and governance effectiveness of JST, ensuring the sustainable development of JST, and further boosting community confidence.
🔹Funding Source: From the existing net profits of JustLend DAO (SBM, sTRX) and the portion of USDD ecosystem profits exceeding $10 million.
🔹Buyback and Burn: To be carried out in phases, with the first batch burning 30% of existing profits, and the remainder completed over 4 quarters; new net profits in future quarters will be burned quarterly, and the repurchased JST will be directly transferred to the TRON black hole address for permanent destruction.
🔹Governance and Transparency: Strictly follow DAO governance processes, with timely public disclosure of burn progress and transaction hashes.
🔗View the full proposal:
#TRON #DeFi

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