Friktion Bitcoin Volt

Q41. Friktion is a new DeFi portfolio management project that helps users maximize profits by generating yield. The Friktion BTC Covered Call Volt is one such yield opportunity for interested participants who want to generate income while holding BTC.Provide some insight on how this type of strategy works. For users that have deposited BTC into the Friktion BTC Covered Call Volt since January 28th (Epoch 6), what other DeFi protocols have those wallets interacted with? How many unique wallets have deposited into this BTC Volt and list the top 10 wallets in terms of amount deposited since Epoch 6. Has the Volt become more popular over time for ""whales"" or the average Solana wallet?

Introduction

Friktion introduces an Automated Portfolio Manager (APM) into the Defi ecosystem, offering active and passive strategies, known as Volts. The APM provides profit opportunities for Users, finding ways to maximize returns while capturing volatility yield in various market environments. Volts are Friktion’s native designed products. They allow anyone to invest and trade structured products with principal protection, yield generation, and volatility. The first Volt strategies include Covered Calls, Protected Puts, Volatility Yield, and a custom Hedge for Impermanent Loss. Volts identify and capture the best options, futures, perpetual, and spot pricing across on-chain exchanges (CLOB, AMM, OMM), market makers, and within the protocol.

Conclusion

In this dashboard, the Friktion BTC Covered Call Volt was checked, and it was seen that since January 28, 188 separate wallets had been deposited BTC in VOLT BTC. Of these, only 8 were whales. In terms of interaction with other protocols, it was seen that after volt BTC, these 188 wallets interacted with volt SOL, mSOL, and Luna.

How many unique wallets have deposited into BTC Volt since January 28th?

Over the last two months, 188 unique wallets deposited BTC in the friktion BTC Covered Call Volt.

List the top 10 wallets in terms of the amount deposited since January 28th

The chart below shows the ten wallets that deposited the most BTC in Covered Call Volts since January 28. Wallet (5Xg....Bvs) with deposited 57 BTC is in the first place, Wallet (2VT....dJA) with 3 BTC is in the second place, and Wallet (9QP.....B3A) is in the third place with 2.25 BTC deposited.

What other DeFi protocols have those wallets interacted with?

All 188 wallet transactions that deposited BTC in BTC Covered Call Volt were examined, and the number of transactions related to each volt was obtained. Of these, BTC volt was first, volt sol was second, volt mSOL was third, and volt Luna was fourth.

Whales or Regular wallets?

The donut chart below divides the wallets that deposited BTC into the Friktion BTC Covered Call Volt into three categories based on the amount of BTC deposited. In this category, wallets with more than one BTC deposited were named whales, between 0.5 to one BTC were named dolphins, and less than 0.5 BTC were named regular wallets. In this category, out of 188 wallets, 4% were whales, 3% were dolphins, and 93% were regular wallets.

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