Taxation and liquidity of Liquid Staking Tokens

This chapter explores the IRS guidance on the taxation of liquid staking tokens, focusing on the implications for the Jito Sol product. It examines liquidity considerations, contrasting retail and institutional investor perspectives, while analyzing the potential impacts of the VanEck JitoSOL ETF on the Solana ecosystem. Additionally, the chapter highlights risks associated with Gito Sol and discusses the importance of auditing and understanding staking dynamics.