Friktion has made the difficult decision to sunset its user platform, a process beginning with moving all Volts into Withdrawal-Only mode on Friktion’s User Interface friktion.fi starting 25 Jan 2023.

(1/🧵) 2/ This decision was not made lightly, as Friktion has successfully navigated a number of challenges in the past, including Luna, FTX, and network outages.

⚡️ Zaps: Friktion's Weekly Market Insights ⚡️

Heading into October - here's what you need to know to stay up to speed. Grab your coffee ☕ and let's dive in ⬇️

(1/🧵) 2/ Macro
September started with a bang and ended with a whisper as the third quarter came to a conclusion last week.

It is a tumultous time as equity markets break new yearly lows, fixed income yields reach 20 year highs, & FX markets trade like high FDV Solana project tokens.

Today we’re excited to announce our partnership with @FireblocksHQ , the award-winning digital asset and crypto technology platform. This partnership will connect Fireblocks’ 1300+ institutional clients directly to Friktion Volts 👇

friktionlabs.medium.com/friktion-and-f…
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🔐 Unlocking DeFi’s most powerful strategies — with scale & security

Through our integration with Fireblocks, we’re making portfolio management accessible to thousands of Funds, Foundations, and businesses who require battle-tested security for their digital asset operation

📚 Friktion Fundamentals 📚

What is Alpha and Beta? Let’s dive into this commonly used Greek alphabets and find out what it actually represents in the financial world

(1/ 🧵) 2/ Alpha and beta are measures used by investors to evaluate the performance and risk of an investment security or portfolio.

Beta is a measure of volatility relative to a benchmark. It measures the systematic risk of a portfolio compared to an index like the S&P 500.

Today we’re excited to announce Friktion’s newest portfolio product — Volt#05: Capital Protection!

Designed to generate returns in volatile market conditions while offering protection on deposited principal. Performs best in rising i/r and high volatility environments 👇

(1/🧵) Volt #05 is the first DeFi product to give access to principal protection and long volatility. It combines yields from lending (interest payments) and tail risk protection from volatility products (options) into a single, powerful DeFi product.

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⚡️Zaps: Friktion's Weekly Market Insights⚡️

Crypto market cap is back to $1 trillion again🥳 Is the winter over? ❄️ Here are 4 things that happened in crypto markets this week that you need to know.

(1/🧵) 1. Macro
Markets closed roughly flat this week, selling off into last Wed CPI print before rebounding after. The print came in higher than estimates at 9.1% vs. 8.8% predicted. Markets climbed higher afterwards despite this, indicating that the print was likely oversold.

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🌽 Boost your Friktion yields 🌽

Good news! You can now boost your Friktion yields with @MarinadeFinance’s liquidity mining gauge, by voting on tribeca.so/gov/mnde/nftga…

Read on to find out how 👇 As a depositor of $mSOL, you will be able to directly influence the yields (now at 29.7% APY) from the Friktion vault

1⃣ Stake your $fcmSOL on the Friktion platform to earn $MNDE incentives and stack the returns

🎉 Friktion’s Portfolio Manager is now LIVE! 🎉
⚡Check it out at: app.friktion.fi/portfolio

Track your Returns (alpha) and Value (beta) across every Volt! Let’s dive in how this is a big step towards our vision: full-stack DeFi portfolio management
[1/🧵] 1️⃣ Get started by either connecting to app.friktion.fi/portfolio or just append an address to the URL. An example: app.friktion.fi/portfolio/Ewwa…

📚Friktion Fundamentals📚

User education is one of our core focus at Friktion and we want to be a part of our user's learning journey. In this new series, we will be breaking down financial and DeFi concepts into a simple and easy-to-follow thread ⬇️

(1/🧵) 1⃣ What’s the difference between APR & APY?

Annual percentage rate (APR) refers to the annual rate charged for a loan or earned by an investment.

Annual percentage yield (APY) refers to the annual return by taking into account the effect of compounding interest.

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Introducing Friktion...

#Solana's first structured products protocol, bringing high-fidelity portfolio management to you!

friktionlabs.medium.com/introducing-fr… (1/6) 👋🏽We're a team of quant traders, researchers, and crypto engineers who left our tradfi jobs to build Friktion because we saw the massive need for risk management and sources of sustainable yield in DeFi. (2/6)