The platform announces the launch of its buyback and burn program while activating JuTrust insurance to compensate for anomalies in the 5M project, ensuring transparency and community trust.
Ju.com has initiated a buyback and burn program for its JU token, with 100% of repurchased tokens burned to achieve deflation. All buyback records will be transparently disclosed, and the JuTrust insurance mechanism was activated in response to anomalies in the 5M project, offering compensation in computing power and tokens. Payouts for the first batch will be completed within three working days. The price drop in JU was attributed to market conditions and external liquidity factors.