JUST Releases JST 2026 Q3 and October Key Progress Report, Buyback Mechanism Shifts to Continuous Revenue Basis

According to TechFlow, on October 26, JUST released an open letter to JST holders and published the JST 2026 Q3 and October key progress report. The letter states that five rounds of cumulative buybacks and burns totaled 1,881,973,007 JST, accounting for 19.01% of the initial maximum supply, with a cumulative investment of approximately $118.15 million in buybacks and burns. JUST DAO upgraded the JST buyback and burn mechanism in October and will subsequently pivot to focusing on ongoing ecosystem revenue as its foundation. It plans to allocate approximately $20.34 million in excess funds across four installments for buybacks starting in Q4 2026, while retaining at least $50 million as a treasury safety reserve. The report also shows that JustLend's end-of-quarter TVL remained above $7 billion, and GasFree recorded approximately 21.24 million transactions in Q3. As buyback funding shifts from historical income reserves to ongoing ecosystem revenue, the deflationary trajectory of JST and ecosystem growth are gradually forming a tighter correlation.