Try Quests to earn cryptoSolana.Friktion.SOL.vs.mSOL.Volts
One of the unique programs on Solana ecosystem that offers an income based on cover call product is Friktion program. The overall application of Friktion program during the February 4th and February 11th is considered in this bounty.
Daily volume of deposited SOL during the February 4th and February 11th is shown in this chart. According to this chart, on February 11th and 17th the amount of deposited Sol on Friktion is grown. on February 17th over 12000 Sol is deposited on program.
Introduction:
The users can join on call option by options of holding a long position in a particular asset and writing a call option on that same asset to gain extra income from the option. Two sample asset including Sol and mSol are investigated on call program of Friktion in this dashboard.
The question asked following requirements to evaluate the performance of Friktion program.
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The amount of deposited Sol and number of unique users that covered call program on Friktion.
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The amount of deposited mSol and number of unique users that covered call program on Friktion.
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the period of investigation is considered as date between the February 4th and February 11th, 2022.
These useful links are used in this investigation:
SOL Covered Call Volt token mint: 4Hnh1UCC6HLzx9NaGKnTVHR2bANcRrhydumdHCnrT3i2
mSOL Covered Call Volt token mint: 6UA3yn28XecAHLTwoCtjfzy3WcyQj1x13bxnH8urUiKt
The official website of Friktion program is https://app.friktion.fi/analytics and the interface of website is shown in the next image.
To get familiar with Friktion program these link is very helpful: https://docs.friktion.fi/
The total number of unique wallets that participated on depositing Sol on Friktion is about 215 unique wallets in the proposed time frame. After that, the daily number of unique wallets that covered SOL call volt during the February 4th and February 11th is presented in this figure. on February 4th, the highest number of unique wallets means 71 user are deposited Sol on Friktion program.
In the second part of dashboard, the amount of deposited mSol on Friktion during mentioned period is represented. In this first day of period means February 4th, over 6000 mSol are deposited on Friktion as shown in this figure.
As we have done for the previous section, the daily number of unique wallets participated on mSol deposit on Friktion during time frame is demonstrated. The total number of unique wallets is estimated as 78 wallets. Also on February 4th, the 18 unique wallets deposited mSol on Firktion which is the largest number of daily participate in the mentioned period.
Summary:
Friktion is one of the first portfolio manager that used for built for DAOs, individuals, and traditional institutions. In this program, users could gain income according to the volts call for specific assets. The detailed analysis of Friktion program on Sol and mSol assets are executed, respectively.
As can be seen from the results, the amount of deposited Sol on Friktion is much more higher than mSol in the mentioned period. Also, the number of participated unique wallets for Sol deposit is bigger than mSol token.
The applications of Volts and the users background have huge impact on gaining more adaptation in comparison with others.
