Friktion Deep Dive Bounty
✍️

Friktion Deep Dive Bounty

Deadline: April 9th 11:00pm IST

About the Bounty

Friktion brings Portfolio Management to DeFi. Volts, Friktion’s quantitative yield strategies are built to generate returns across market cycles. Friktion’s Volts are built with principal protection, yield generation, and volatility in mind. Friktion uses options, (power) perps, and money markets to create a set of strategies that allow anyone to earn on their crypto assets.

The Friktion Bounty gives you a chance to directly work with the core team in your research about the protocol.

🎯

Your Mission: Become an expert on ⚡ Friktion ⚡ and summarize your findings in a written essay. You're welcome to write this review individually or in teams of 2. Bounties will be split among team members.

Rewards

🥇 First Prize:

  • $690 USDC + 1 Lightning OG (Friktion’s Alpha NFT which unlocks access to [REDACTED])
  • A chance to present and ask any questions you may have during Friktion’s next community Townhall!
  • Membership in the SuperteamDAO
  • Syndication in our newsletter and social media

🥈 Second Prize

  • $420 USDC + 1 Lightning OG (Friktion’s Alpha NFT which unlocks access to [REDACTED])
  • A chance to present and ask any questions you may have during Friktion’s next community Townhall!

🥉 Third Prize

  • $200 USDC + 1 Lightning OG (Friktion’s Alpha NFT which unlocks access to [REDACTED])
  • A chance to present and ask any questions you may have during Friktion’s next community Townhall!

Evaluation Criteria

  • Depth
    • Did you explore the background of the project?
      • Why did the team choose to build Friktion?
    • Does your essay talk about the key features of the project?
      • You can pick a product or set of products to focus on!
      • Ask in Discord about the upcoming products if you’re interested 👀
    • Is your essay the one-stop resource for people to get up to speed with this project?
    • Did you learn everything there is to know about the project?
    • Did you take screenshots, provide a step by step guide to onboarding, and clearly articulate the value the project offers?
      • Making new visuals and videos to aid in understanding is awesome!
    • Did you join the project’s Discord and get a feel for the community?
    • Did you try the competition and explain the relative pros/cons of this project?
  • Writing Style
    • Did you write a compelling introduction and a satisfying conclusion?
    • Is your writing easy and fun to read?
    • Did you avoid overly complex jargon?
    • Did you explain concepts in a way a person new to crypto could understand?
  • Submission Requirements
    • Did you write your essay in English?
    • Is your submission at least 1,000 words? Note that typical bounty winners are ~2,000 words.
    • Did you submit it before the deadline? Note: there will be no deadline extensions.
    • Did you include links to your sources and references?
    • DID YOU HAVE FUN? ⚡⚡⚡⚡

Check out previous bounty winners to get a sense of the quality we expect.

Resources

Community

Participation in this bounty is entirely voluntary. Bounties are a way to learn and dabble in opportunities to build in web3. These are neither full time jobs nor project based engagement. Please be advised that the sponsors will not have time for individualized feedback due to the number of entries we receive.

About the SuperteamDAO

We help the most promising projects in the Solana ecosystem launch and grow. We are organised as a co-operative of creatives and operators who are experienced in launching and growing technology businesses. Our mission is to bring the benefits of the ownership economy to the creative class (rent your time for tokens, not dollars) while creating flexible work within the structure of a DAO.