V2 JST fell 4%: a sneeze in the bull market, the old agreement relies on buybacks to find a second life

Original author：Cryptopia

Original source：https://www.youtube.com/embed/irHVJfe4nm4

On October 10, 2026, JST fell by 4%, ranking second in the list of declines in the entire network. But this year it has risen 260% - today's 4% is just a sneeze in the bull market. What's more important is that there is no negative news for it in the entire network. Let me make it clear in this issue: today is driven by the market (crude oil soars, U.S. debt rises, BTC falls below 81,000, and the entire network explodes with 1 billion in positions). Then clarify the most confusing quaternary relationship: TRX is the foundation, JST is the superstructure, USDD is the stable currency of TRON DAO (not issued by JUST), and USDJ is JUST's own stable currency (already marginalized). The real highlight is the second spring of JST: the total amount is fixed at 9.9 billion, zero additional issuance, and three rounds of repurchase and destruction in 2026 (the July round is the largest in history). The funds come from the net income of the JustLend DAO agreement and the USDJ stability fee saved in the early days. But its revenue is too dependent on a single chain, which is its Achilles heel. The data is a snapshot as of October 10, 2026 and does not constitute investment advice. Background music: Inspired by Kevin MacLeod (incompetech.com), CC-BY 4.0 #JST #JUST #wave field #TRON #DeFi #Buyback and destruction #JustLend #USDD #cryptocurrency #Sun Yuchen #Cryptopia