Jito Staked SOL (JitoSOL) is a liquid staking token on the Solana blockchain issued by Jito, a leading MEV-optimized staking protocol. When users stake SOL through Jito, they receive JitoSOL in return, which accrues staking rewards over time while remaining liquid and usable across DeFi applications. JitoSOL integrates with Solana’s MEV infrastructure to enhance staking yields by capturing additional rewards from block optimization, offering users higher returns compared to traditional staking. It provides a seamless way to earn staking rewards while maintaining flexibility and composability within the Solana ecosystem.

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The Australian Dollar (AUD) is the official currency of Australia, issued by the Reserve Bank of Australia (RBA). AUD is often influenced by commodity exports like gold and iron ore. Australia has a strong blockchain industry, and AUD-backed stablecoins provide a way to transact in crypto while maintaining value stability.