Introduction

This dashboard focuses on SOL and mSol covered call volt provided by Friktion.

What is Friktion?

Friktion is a DeFi project built on the Solana ecosystem. The project provides "a novel liquidity and portfolio management system built to drive long-term capital inflows and return generation for DAOs", active traders, passive investors and liquidity providers.

What is Volt?

Volt is an automated portfolio manager (APM) that "allows anyone to invest in and trade products that are built with principal protection, yield generation, and volatility in mind".

What is Covered Calls?

Covered call is one of the Volt strategies designed by Friktion. The strategy is that "an investor executes a transaction to sell a call option with a value equivalent to the underlying asset owning."

This dashboard focuses on epochs, between 2022-02-04 and 2022-02-11, and provides insights into the following questions:

• How much SOL was deposited during those epochs?

• How many unique users were in the SOL covered call volt?

• How much mSOL was deposited during those same epochs?

• How many unique users were in the covered call volt?

Results

SOL Covered call volt

In total 16214.20 SOL have been deposited by 666 unique wallets during two epochs.

the detail is below.

mSOL Covered call volt

In total 2531.60 SOL have been deposited by 79 unique wallets during two epochs.

the detail is below.

Comparison and discussion

As can be seen from the graphs below, SOL is more popular than mSOL in terms of number of wallets involved as well as amount of deposits.

This is because:

• first, SOL is dominant token in Solana blockchain. The circulating supply of SOL is 100 times more than mSOL.
• second, one who stake SOL in a platform and is a msol holder probably use other platforms/tools for additional profit. Adoption of users who got used to another platforms are less likely than users who are searching for a platform for the first time.