JUST upgrades JST buyback and burn program

The JUST ecosystem has implemented a structural upgrade to its JST buyback and burn program. The new mechanism expands the protocol's funding sources to a three-pillar model, integrating GasFree revenue alongside existing streams from JustLend and USDD. This integration ensures that revenue from all core products now funds token burns.

Key components of the upgrade include the establishment of a $50 million treasury reserve cushion to support sustainable ecosystem operations and a phased injection of approximately $20.34 million in legacy surplus capital for future token repurchases. The program is executed on-chain via the JUST DAO, allowing for open-source verification and transparency.

This initiative follows a brand refresh on October 23 and aims to strengthen the value-accrual framework of the JST governance token by aligning protocol growth directly with token utility.