🗂 Making Portfolio Management Easier
Friktion and how it can help build a portfolio that can provide returns in a variety of markets
Today's Highlights
- Friktion - building a portfolio to perform across market cycles
- Blockchain events - upcoming events in the blockchain world.
- In Other News - a few interesting developments we're tracking.
Friktion - building a portfolio to perform across market cycles
Portfolio management nowadays can be tricky. However, there are many web3 projects out there that are ready to help those who desire to enter the crypto industry in managing their funds. Friktion provides full-stack portfolio management designed to outperform market cycles. Additionally, it provides strategies for risk-adjusted returns for DAOs, individuals, and traditional institutions.
Friktion’s main products called Volts, serve as the foundation for DeFi portfolios that can outperform market cycles. Volts is chosen by users based on their risk tolerance, as they deposit assets and earn passive returns. Volts can be used to communicate directional ideas or to passively allocate to market-neutral strategies.
Users can utilize the project to build a portfolio that provides returns in bull, bear, and even crab markets. It enables active traders to deploy options to earn and trade through products such as covered calls, secured puts, iron corridors, and straddles on chosen DeFi assets. The automated portfolio management system allows investors and liquidity providers to input portfolio spot, perpetuals, LP positions and deploy models to determine growth and risk across various market cycles. It enables passive investors to earn yield by providing liquidity to farms while hedging against impermanent loss.
Friktion offers the community customized solutions in addition to the standard volts available on the app, which are based on identifying risks of the protocol and treasury. It also incentivizes long-term contributors through Custom Liquidity Mining.
Uddhav Marwaha is the co-founder and CEO of Friktion. Friktion has raised a total of $5.5M in funding.
Blockchain events
Barcelona, Spain
November 28-30, 2022
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Sydney, Australia
December 02-03, 2022
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Kuala Lumpur, Malaysia
December 06-07, 2022
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