We have database-backed storage backends for Jujutsu at Google. There's no Git involved there. So I think it's wrong to say that it's a wrapper for Git.
Even when using the Git backend, it's only commits and lower-level objects that are stored in the Git repo, and even some parts of the commits are stored outside Git (e g. the change ID). The operation log (which powers the undo feature) is also not stored in Git.