Algorithmic / under-collateralized stablecoin
Jito's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
JitoSOL is a liquid staking token, not a stablecoin. It does not maintain a fixed peg; its value accretes with staking + MEV rewards relative to SOL. Terra/Luna-class algorithmic-stablecoin risk does not apply. The novel risk of MEV yield volatility (1.2-1.8% APY premium that can collapse on operational/governance decisions) is noted but does not fit F069 taxonomy definition. Taxonomy PD-024 designates F069 as lending-only.
Sources #
- URLJito Tokenomics: How JTO Captures MEV and Staking Revenue — Tokenomics.comTokenomics.com: JitoSOL yield breakdown — base 5.9-6.6% + MEV 1.2-1.8% APY; MEV component volatile and subject to operational decisionsretrieved 2026-04-29
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →