Described as a “staking product,” users deposit SOL and receive JitoSOL, accumulating staking rewards and MEV rewards together. (jito.network) 1. JitoSOL on-chain state mapping: Exists. It is a liquid staking token that is received, and accumulates staking rewards and MEV rewards at the price. Function: Users maintain liquidity in DeFi while holding JitoSOL, and at the same time Maintain exposure to staking and MEV profits.
Jito is entering maturity as Solana revenue distribution infrastructure, but BAM adoption and DAO revenue routing need proof.
Investment View
The key test is how much blockspace revenue cycles into JTO governance and treasury economics.