justlenddao

This week’s snapshot reads like a map of real demand on TRON. Not opinions, not vibes, just capital placement and borrowing pressure.
Supply side leaders, depth and confidence.
ETH leads total supply at $1.56B, showing heavyweight liquidity prefers deep, low-friction markets.
sTRX follows at $748.50M with a 7.18% supply APY, which is a strong signal that staked TRX liquidity is becoming a core yield rail.
TRX sits close behind at $710.03M, confirming native TRON assets still anchor the base layer of activity.
Borrow side leaders, what users are actually paying for
USDT dominates borrowing at $139.92M with 4.55% borrow APY, a clear sign stable liquidity is the number one utility for leverage and capital rotation.
TRX borrow comes next at $47.76M with 3.93%, often tied to staking, looping, and ecosystem positioning.
BTC borrow remains smaller at $4.38M, but still present, reflecting demand for blue chip exposure within TRON DeFi rails.
Quick comparison that matters
Supply is concentrated in large collateral assets, ETH and TRX based liquidity.
Borrow demand is concentrated in a spending and strategy asset, USDT.
That pattern is what healthy money markets look like. Strong collateral base, clear stablecoin demand, and yields that move with usage.
If you are looking for where the crowd is placing capital, this is it. If you want to understand what the market needs most, it is stable liquidity.
Supply to earn on JustLend DAO here
justlend.org

#TRX #sTRX #JUSTLENDDAO #TRON #TRONEcoStar @Justin Sun孙宇晨 @DeFi_JUST

A 5.3% burn of total $JST supply is not a meme moment, it’s a balance sheet decision. Roughly $21M in estimated value has been permanently removed, and the key detail is this was powered by real protocol revenue, not fresh emissions.
Most tokens try to support price by printing more rewards, which dilutes holders over time. This model flips it, usage generates fees, fees fund buybacks, buybacks reduce supply, and reduced supply strengthens long-term value per token if demand holds or grows.
Think of it like TradFi share buybacks, but executed on chain and tied to protocol performance. When the engine earns, holders feel it. When the engine grows, the flywheel scales.
Revenue into buyback. Buyback into burn. Burn into scarcity.

That’s how you build a token narrative that survives bear markets.

#jst #JUSTLENDDAO #TRON #TRONEcoStar @Justin Sun孙宇晨 @DeFi_JUST

After JustLend DAO completed its 2nd major Buyback & Burn, permanently removing 525,000,000 JST, the effects are no longer theoretical they’re now visible in the market structure.

Let’s look at what the data is showing right now:

▫️ Price: $0.04027 (+0.35% 24h)
▫️ Market Cap: $355.04M
▫️ FDV: $355.04M (no dilution overhang)
▫️ 24h Volume: $26.53M (+25.94%)
▫️ Holders: 440,930+
▫️ Circulating Supply: 8.81B JST (matches total supply)

That last point is the key.

There is now no gap between circulating supply and total supply.
No unlock cliffs.
No hidden inflation.
No future dilution pressure.

And remember:

➡ Round 1 Burn: 559M JST
➡ Round 2 Burn: 525M JST
➡ Total Burned: 1,084,890,753 JST
➡ 10.96% of total supply permanently removed

What the market is reacting to

This isn’t a hype burn. It’s a revenue-backed, rule-based supply reduction.

The second burn alone was funded by:

• $10.19M from Q4 protocol profit
• $10.34M from accumulated earnings
• ~$21M converted directly into permanent supply destruction

No emissions. No treasury games. No narratives.

Why these metrics matter

• FDV = Market Cap → means the market is now valuing only what exists
• Volume up ~26% → participation is increasing after supply contraction
• Supply fixed & shrinking → every unit of demand now works harder
• Holders still growing → distribution + long-term positioning

This is exactly what a structural supply shock looks like:
Not a one-day pump but a tightening market.

The bigger picture

JST is no longer just a governance token.

It is now:

✔ Backed by real protocol revenue
✔ Supported by systematic buybacks
✔ Protected from dilution
✔ Running a deflationary monetary policy
✔ Structured more like a cashflow-backed asset than a farm token

Two burns in.
Over 10.96% of supply gone.
And the market structure is already changing.

This is what execution looks like.

@Justin Sun孙宇晨 @JUST DAO
#JST #JUSTLENDDAO #TronEcoStars

$38.7M burned.
1.08B JST removed from circulation. And this momentum is still building.

What’s unfolding around $JST is not a one time buyback or short term narrative. It’s the result of a carefully designed, revenue powered system that is quietly reshaping how DeFi tokenomics can work when built on fundamentals.

In under three months, @DeFi_JUST has permanently eliminated 1.084 billion JST, reducing total supply by 10.96% across two phases.
That represents nearly $38.7 million in value removed.
The second phase alone accounted for 525 million JST, worth more than $21 million. This level of deflation is rare in DeFi, especially when executed this quickly and transparently.

The most important detail is where the funding came from.

➫ This burn was not driven by emissions or speculative reserves. It was funded entirely by verifiable protocol profits. Roughly $10.19M came from Q4 2025 net income, while another $10.34M was generated from reserve earnings. Those reserves themselves were strengthened by reinvesting capital from the first burn back into the protocol.

➫ The result is a self reinforcing loop where revenue funds buybacks, buybacks reduce supply, reduced supply strengthens reserves, and stronger reserves fuel future buybacks.
That revenue is not accidental. It is coming from a rapidly expanding product ecosystem.

➫ sTRX liquid staking now has over 9.3 billion TRX staked, forming a long term and sustainable income pillar. The GasFree Smart Wallet removes the need to hold native tokens for transaction fees and has already processed more than $46 billion in volume, saving users $36.25 million while onboarding significant new capital. Energy rental services and USDD yield products, including USDD staking with yields above 7%, continue to drive consistent usage and fee generation.

-- All of this activity runs natively on the TRON ecosystem, converting real user demand into protocol cash flow.
-- The impact extends even further through the USDD flywheel.

➫ The USDD ecosystem has seen its total value locked surpass $1 billion, doubling in less than two months. Future multi chain ecosystem revenue above $10 million is planned to be partially allocated toward additional JST buybacks. This directly links JST scarcity to the growth of an entire decentralized stablecoin network.

At this point, JST is undergoing a fundamental transformation.

With nearly 11% of total supply gone, governance power per token has increased materially. Value is becoming anchored to real cash flow rather than speculation. Market recognition is starting to reflect this shift, with JST’s market capitalization historically breaking $400 million and price strength aligning with fundamentals.

In short, JustLend DAO has built a transparent, closed loop economic model where protocol growth funds deflation, deflation strengthens governance, and governance incentives accelerate ecosystem expansion. This is a clear blueprint for real yield and sustainable value accrual in DeFi.

@JustinSun

5.3% no kopējā $JST piedāvājuma iznīcināšana nav memes brīdis, tā ir bilances lēmums. Aptuveni $21M novērtēta vērtība ir pastāvīgi noņemta, un galvenā detaļa ir tā, ka to darīja reāla protokola ieņēmumi, nevis jauni izlaidumi.

Lielākā daļa tokenu mēģina atbalstīt cenu, drukājot vairāk atlīdzību, kas laika gaitā atšķaida turētājus. Šis modelis to apgriež, lietojums rada maksājumus, maksājumi finansē atpirkšanu, atpirkšana samazina piedāvājumu, un samazināts piedāvājums stiprina ilgtermiņa vērtību par tokenu, ja pieprasījums saglabājas vai pieaug.

Domājiet par to kā TradFi akciju atpirkšanas gadījumā, bet tas tiek veikts blokķēdē un saistīts ar protokola sniegumu. Kad dzinējs pelna, turētāji to izjūt. Kad dzinējs aug, lidotājs palielinās.