# JUST DAO Discloses 1.88 Billion JST Burned Across Five Rounds By John Kim Canonical URL: https://www.tokenpost.com/news/business/40912 Published: 2026-10-26T10:01:45.000Z Updated: 2026-10-26T10:01:45.000Z Section: Business > The total includes 106,663,731.97 JST burned directly from USDJ stability fees. JustLend ended the third quarter with more than $7 billion in total value locked. JUST DAO disclosed that 1,881,973,007 JUST (JST) tokens were burned across five rounds, equivalent to 19.01% of the initial maximum supply, putting a precise scale on the token reduction. The fifth burn occurred in October, so the total includes activity after the third quarter. The cumulative value of the destroyed tokens was $118,152,576. That figure measures the value of burned JST, not cash spent on buybacks. The total includes 106,663,731.97 JST from USDJ stability fees that were burned directly through the token contract. The figures add a result to [JUST DAO’s previously announced buyback plan](). Under the mechanism updated in October, ongoing ecosystem revenue will fund future JST purchases. The DAO plans to maintain a treasury reserve of at least $50 million. JustLend ended the third quarter with more than $7 billion in total value locked. It is one of the JUST ecosystem’s three core product lines, alongside USDD and GasFree. JUST DAO plans to direct about $20.34 million in surplus funds into JST buybacks in four installments beginning in the fourth quarter of 2026. ## Links in this article - [JUST DAO’s previously announced buyback plan](https://www.tokenpost.com/news/business/40121)