JitoSOL is a liquid staking token that represents staked SOL plus staking rewards in the Jito pool.
JitoSOL is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Jito, a protocol rated as Good.
JitoSOL has an uncapped supply but has inflation control or burn mechanisms in place. JitoSOL is backed 1:1 and redeemable for SOL. JitoSOL can trade at a discount to 1 SOL as it is less liquid, has less utility (cannot be used to pay for gas fees), and has more technical risk (Jito smart contract bugs).