# JustLend DAO Completes Fifth JST Buyback and Burn of 170.7 Million Tokens

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/34039
Published: 2026-10-17T13:58:45.000Z
Updated: 2026-10-17T13:58:45.000Z
Section: Business

> The DAO transferred 170,723,144 JST to a designated burn address on Oct. 16, 2026 (SGT). All transactions can be checked on-chain.

JustLend DAO completed the fifth round of its community-approved JST buyback-and-burn proposal on Oct. 16, 2026 (SGT), transferring 170,723,144 tokens to a designated burn address.

The transfer reduced JST’s circulating supply. All transactions associated with the burn can be checked on-chain.