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The third phase of JST destruction involved 271 million pieces, and the treasury reserve exceeded 100 million US dollars
According to official data, JST has burned 271 million $JST in this single instance, equivalent to a value of approximately 21.3 million USD, accounting for 2.74% of the current total supply. At the same time, the treasury reserves have exceeded the 100 million USD mark, providing a solid guarantee for the continued advancement of the subsequent deflation process. All funds for repurchase and destruction come from the actual income generated by the protocol, thereby establishing an automated deflationary closed loop driven by actual earnings, where repurchase and destruction operate continuously. This marks that $JST is steadily moving towards a sustainable, endogenous, and long-term viable economic model.
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