INTRODUCTION

Built for people, DAOs, and Institutional Asset Managers to create returns through all market cycles, Friktion is Solana's largest portfolio and risk manager.

A group of quantitative traders, researchers, and engineers with experience in commodities, treasuries, volatility products, and crypto-assets created Friktion Labs, the development company responsible for creating Friktion. By offering simple-to-use sources of return on assets, Friktion Labs hopes to assist the upcoming generation of DeFi customers.

Friktion takes pride in being an all-in-one portfolio manager that makes managing crypto assets simple. By pressing a button, the Volt would instantly apply a variety of tactics to assist the user maximize return while minimizing risk. The main components of Friktion are volts. Anybody may easily take part in yield generation thanks to the volts' user-friendly design. Every single volt is uniquely designed with its own cutting-edge yield tactics that contribute to generating sustained yield.

There are four distinct voltages, each with a distinct goal:

money creation steady and sustainable Variability yield Cover temporary loss

METHODOLOGY

The dashboard here handles various methodology in analyzing the friktion users. Initially, the total depositors, the amount, and the Grow amount in the Solana network with the friktion is analyzed over the period of time so as to get an idea about the trend in the users. Now the top 50 users in the Solana ecosystem with the Friktion and the amount of the SOLANA deposited by each user are charted for the past 30 days. The same analysis is repeated by altering the period to 90 days. This gives an idea about the deposits using Friktion by the users over different timeframes. Now the events in the Solana ecosystem are also considered as accounting that will influence the usage of the deposits. Then the comparison begins with the top 50 friction users in the Solana network with different tokens such as Bitcoin and mSOL. Finally, the top 50 users are also accounted for by the number of transactions as that indicates their activeness and performance in the network.

The total depositors in the Solana network over time is charted here and the trend here displays that the users are reducing over time since the period and indicates that the usage of friktion by the solana users is decreasing.

Both the diagrams show the amount deposited by the friktion users over the period of time and the left chart indicates that the trend has been decreasing over time and has reached almost absolute zero. The Grow deposit by the users is charted on the right that displaying that the trend has been increasing over time.

The top 50 depositors using Friktion in the Solana network is charted here for two different timeframes and it indicates that the highest deposited user in both the time frame is the same and this indicates the influence of Whales in the top performers in the network.Now let us compare the same with other tokens

The comparison of the top 50 users using the Friktion users with their deposits using different tokens is charted here and the First image shows the Bitcoin token users and it indicates that a user has even deposited more than 1.96 Bitcoins in the Friktion which is a huge amount for a protocol and this also indicates the influence of Whales.

As mentioned above the chart here shows the mSOL users and it is seen that more than 1 user has deposited 500 tokens. It is also seen from both the users that the deposited value is not correlated with others as other depositors among the top 50 have deposited very less compared to the Whales. This is also seen if the top mentioned plot of the total depositors is analyzed and hence can be confirmed that the top range performers are whales and even normal users also include as we take the top 50 numbers.

The top 50 performers are charted here by tracking the amount of the transactions made by the users and it is seen that the highest transaction count is 786 and the lowest is 10.There is a huge difference in orders of 100 which clearly shows the dominance of Whales in the ecosystem.

A whale occasionally posts a large order to sell a sizable portion of their cryptocurrency tokens. They maintain a lower price than other sell orders. This leads to volatility, which lowers the price of digital currencies generally. Users of the borrowing and lending platform Solend, located in the Solana, voted on Sunday to force a takeover of the protocol's largest account, a "whale" whose "very huge margin position" was perilously near to a disastrous on-chain liquidation cliff, according to Solend contributors.