JustLend DAO has approved and executed its first JST buyback and burn, as part of a new proposal aimed at reducing the token supply. The decentralized lending protocol utilized 30% of its current revenue, amounting to approximately 17.7 million USDT, to repurchase and destroy 559,890,753 JST tokens. This action represents about 5.66% of the total JST supply. The proposal outlines that all of JustLend DAO's net income, along with a portion of the USDD multi-chain ecosystem's earnings exceeding $10 million, will be allocated for future buybacks and burns. Additionally, the JustLend Grants DAO plans to conduct quarterly buybacks and burns using the net revenue from the previous quarter. The remaining 70% of existing revenue is scheduled to be burned in four installments by the end of 2026, with each installment accounting for 17.5% of the revenue.