Friktion is an on-chain, full-stack portfolio and risk management platform for individuals, institutional managers, and DAOs. It introduces Volts and Circuits into the DeFi ecosystem, offering both active and passive portfolio management strategies. Volts are Friktion's native capital allocation strategies, while Circuits provide on-demand portfolio management for DAO Treasuries, creating custom risk frameworks and Volts that offer volatility protection and returns in turbulent markets.