JUST Protocol Unveils Enhanced JST Buyback & Burn with $20.34M Capital Injection
The upgraded program integrates GasFree revenue and aims to bolster JST token value through strategic capital allocation.
The upgraded program integrates GasFree revenue and aims to bolster JST token value through strategic capital allocation. USDD (USDD) is trading at $0.9985. This is an original TLT brief based on reporting by CryptoSlate, with live market data added, as of Sat, 24 Oct 2026 08:15:02 UTC.
The enhanced buyback and burn program aims to provide greater stability and value to the JST token by diversifying funding sources and injecting significant capital, which could strengthen investor confidence in the JUST ecosystem.
- JUST Protocol introduces a $50M Treasury Reserve as a safety buffer.
- GasFree revenue now funds 100% of JUST core products alongside JustLend and USDD.
- Approximately $20.34M in legacy surplus funds will be released in phases.
- USDD TVL stands at $1.25B, while JustLend's TVL is $6.91B.
JUST Protocol has upgraded its JST Buyback and Burn program, introducing a $50 million Treasury Reserve to ensure sustainable ecosystem operations. This reserve acts as a safety buffer, providing financial stability to the JUST ecosystem.
The program now integrates GasFree revenue, which, alongside JustLend and 
USDD, will cover 100% of the funding for JUST core products. This diversification of funding sources aims to enhance the program's effectiveness and resilience.
Approximately $20.34 million in legacy surplus funds will be released in phases, further supporting the program's objectives. This capital injection is expected to bolster the value of the JST token by increasing demand and reducing supply.
The JUST ecosystem's key components, JustLend and USDD, have a total value locked (TVL) of $6.91 billion and $1.25 billion, respectively, according to DeFiLlama. The USDD circulating supply is $1.8 billion.
In the current market context, with the total crypto market cap at $2.77 trillion and 
Bitcoin down 1.10% in the last 24 hours, the JUST protocol's move could be seen as a strategic effort to maintain and potentially increase the value of its native token amidst broader market downturns.
Since this brief published about 2 hours ago, USDD (USDD) has moved from $0.9987 to $0.9985 — -0.02%.
The chart plots USDD'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 TLT'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 USDD ≈ ₦1,379.76 (about $0.9985), up 0.1% over 24 hours. The naira itself trades about 3.9% above the official rate on the P2P market, so a Nigerian 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.
TLT 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 with $ — questions & answers
What is the purpose of the $50M Treasury Reserve?
The $50M Treasury Reserve serves as a safety buffer to ensure sustainable operations within the JUST ecosystem.
How will the $20.34M capital injection be used?
The $20.34M in legacy surplus funds will be released in phases to support the JST Buyback and Burn program.
What is the current TVL of JustLend and USDD?
JustLend's TVL is $6.91B, while USDD's TVL is $1.25B, according to DeFiLlama.
How much is 1 USDD worth in naira today?
About ₦1,379.76 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9985. The naira price moves with both USDD's US-dollar price and the USDT/NGN rate; use our USDD in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoSlate. 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 TLT 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.