Solana

(inactive) Friktion SOL Puts (Low Delta)

This pool allows you to deposit USDC to write SOL puts based on an algorithmically determined strike price. Your yield is generated from premiums paid by put options buyers and performance of SOL during the epoch. Friktion vaults automate out of the money put-selling on a weekly basis and reinvests the premiums back into the strategy to compound depositor yields over time. Your deposited principal is subject to loss in case of a market downturn as you are selling put options. In this case, your loss may be greater than the premiums earned.