Introduction

Uddov co-founder and CEO of Friction, a SIV portfolio company joins us to discuss his vision to build out a full-stack DeFi native portfolio management platform. We talk about how friction has leveraged options overriding and basis strategies to create more sustainable forms of yield that together can help protect portfolios across different market conditions. Also touch on the team's decision to build a native RFQ system with an auction mechanism which provides a faster and more sustainable way to bid on provide liquidity for and price options on chain.