JUST Protocol Unveils Enhanced JST Buyback & Burn Mechanism with $20.34M Capital Injection
JUST's upgraded buyback program integrates GasFree revenue and unlocks $20.34M in surplus funds to strengthen JST tokenomics.
JUST's upgraded buyback program integrates GasFree revenue and unlocks $20.34M in surplus funds to strengthen JST tokenomics. TRON (TRX) is trading at ₹31.31 ($0.3294), down 0.2% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Sat, 24 Oct 2026 14:45:01 UTC.
The enhanced buyback mechanism aims to increase JST token value by diversifying funding sources and introducing a transparent, on-chain execution process. This move could bolster confidence in JUST's DeFi ecosystem amidst market volatility.
- JUST introduces GasFree revenue into its buyback program alongside JustLend and USDD.
- $20.34M in legacy surplus funds will be released in phases for future buybacks.
- A $50M Treasury Reserve Cushion ensures sustainable ecosystem operations.
- JST price has risen 4.59% over the past week despite broader market decline.
JUST, the leading on-chain DeFi infrastructure on the 
TRON network, has announced an upgraded JST Buyback & Burn program. This enhancement integrates business revenue from GasFree, supplementing existing funding sources from JustLend and 
USDD.
The updated mechanism includes a $50M Treasury Reserve Cushion to ensure sustainable ecosystem operations and a $20.34M capital injection from legacy surplus funds, which will be released in phases for future buybacks.
The program features complete on-chain execution, offering full transparency and open-source verification. This move aims to strengthen the value-accrual framework of the JST token amidst broader market uncertainty.
JUST recently underwent a brand refresh on October 23, reflecting its commitment to evolving its DeFi offerings. The upgraded buyback program is part of this broader strategy to enhance the protocol's financial infrastructure.
Market data shows that while the overall crypto market is down, JST has performed relatively well, with a 0.60% increase in the past 24 hours and a 4.59% rise over the past week. TRON's TVL on JustLend stands at $6.91B, while USDD's circulating supply is $1.8B.
Since this brief published about 2 hours ago, TRON (TRX) has moved from ₹31.37$0.3301 to ₹31.31$0.3294 — -0.21%.
The chart plots TRX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 TRX ≈ ₹34.33 (about $0.3294), down 0.1% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 24, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
JUST Protocol Unveils Enhanced JST Buyback & Burn Mechan — questions & answers
What new revenue sources are included in the upgraded buyback program?
The upgraded program incorporates GasFree revenue alongside existing sources from JustLend and USDD.
How much capital will be injected into the buyback program?
$20.34M in legacy surplus funds will be released in phases for future buybacks.
What is the purpose of the $50M Treasury Reserve Cushion?
The cushion serves as a safety buffer to ensure sustainable operations of the JUST ecosystem.
How much is 1 TRON worth in rupee today?
About ₹34.33 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.3294. The rupee price moves with both TRX's US-dollar price and the USDT/INR rate; use our TRON in rupee page for any amount.
Has TRON's price moved since this brief was published?
TRX is down 0.21% since this brief first published — trading at ₹31.31 ($0.3294) now versus ₹31.37 ($0.3301) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.