The third phase of JST destruction involved 271 million pieces, and the treasury reserve exceeded 100 million US dollars
According to official data, JST has burned 271 million $JST in this single instance, equivalent to a value of approximately 21.3 million USD, accounting for 2.74% of the current total supply. At the same time, the treasury reserves have exceeded the 100 million USD mark, providing a solid guarantee for the continued advancement of the subsequent deflation process. All funds for repurchase and destruction come from the actual income generated by the protocol, thereby establishing an automated deflationary closed loop driven by actual earnings, where repurchase and destruction operate continuously. This marks that $JST is steadily moving towards a sustainable, endogenous, and long-term viable economic model.
You may also like

Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil

Altcoin Price Outlook 2026: The Rotation Is Coming — Just Not the Way You Think
Bitcoin dominance at 58%, Fear & Greed at 39. If you think altcoin season is dead, you're reading the wrong signals. Here's what the data actually says about what comes next.

Oracle: The Second Battlefield Behind the Prediction Market War

a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."

Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S

From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic

Why Private Credit Became the First True Bridge from TradFi to DeFi

Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital

When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products

My view on blockchain has changed

Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?

Deconstructing 80 mainstream payment institutions and wallets worldwide

The MiCA Fast Track for Cryptocurrency Licenses: Why OKX and BVNK Choose Malta

a16z Crypto: Stablecoins are rebuilding the global financial infrastructure

ENI's RWA ambition: to create an enterprise-level BaaS platform that allows Web2 institutions to "go beyond just asset on-chain."

Morning Report | a16z releases global financial new stack report; Websea's withdrawal channel suspected of running away; Strategy purchased 3,273 bitcoins last week

The most Crypto group of people is becoming the least Crypto

MSTR STRC In-depth Study: The BTC Financing Flywheel Behind the 11.5% Yield
Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil
Altcoin Price Outlook 2026: The Rotation Is Coming — Just Not the Way You Think
Bitcoin dominance at 58%, Fear & Greed at 39. If you think altcoin season is dead, you're reading the wrong signals. Here's what the data actually says about what comes next.
