(6 New Updates) Hawksight NFT Rewards & DeFi Ecosystem Building

5 min readMar 25, 2022

Hawksight is on a mission to make DeFi accessible to Everyone, by building the leading DeFi ecosystem on Solana & Terra. The keyword here is “ecosystem”, which would create significantly higher impact, adoption, defensibility, and value in the long-term compared to standalone tools/products. The Hawksight “superapp” ecosystem consists of:

Hawksight DeFi app: that automates DeFi strategies for users to simply earn profit-optimized yield by depositing USDC or UST
Trading signals: actionable technical and on-chain signals for crypto & NFT traders
Social signals: Twitter analytics on NFT, DeFi, GameFi, and Web3 projects
Debonair Degen Hawks (DDH) NFTs: DeFi-utility NFTs with utilities and rewards
GameFi: (Early exploration of) no-loss prize pools to gamify DeFi on Solana & Terra
Staking: Gateway for NFT & $HAWK token holders to 1) Ecosystem utilities & features, and 2) Rewards & incentives

In the words of conversations from HawkDAO: “Good things take time, but will pay off big time”. Hawksight plans to launch IDO, Staking, and DeFi app mainnet in April 2022

We have been building a lot. So here are six (6) new updates on how we plan to reward DDH NFT holders. Our key principle is promoting equal-access, while differentiating rewards by rarity: in other words, equal access to utilities and expanding the ecosystem (because more users drive more adoption, which drives more trading volume & Total Value Locked, and therefore more value to holders), but providing differentiated rewards to users by quantity or rarity of NFTs held.

1. Strong utility of trading & social signals, with constantly expanding features

Hawksight AI-driven trading signals for cryptocurrencies & NFTs are already used by 1,284,429+ Individuals & Institutions globally. Chatbot trading signal usage on Telegram and Discord has been rising fast. Institutions also started integrating our signals via API. Our initial focus is high-growth, but once Hawksight trading signals reach critical scale of adoption and service levels, we will align key usage and features of the trading signals with requirements to purchase & stake DDH NFTs.

Hawksight Social Signals will also require users to stake DDH NFTs, while continuously expanding on social insights to help users make more well-informed investment decisions in NFT, DeFi, GameFi, and Web3 projects

2. Rarity-based $HAWK rewards and future benefits

After Hawksight’s IDO, DDH NFT holders can stake their NFTs and receive continuously streamed $HAWK tokens for twelve (12) months. Each DDH NFT rarity will be able to stream different amounts of $HAWK tokens. Unclaimed tokens will be locked-up and reserved for future rewards. After the first year, a new roadmap will be rolled out with explored ideas including additional $HAWK token rewards, or Gen-2 NFTs, or other rewards & utilities.

Hawksight’s IDO price target is $0.012, launching on both centralized and decentralized exchanges

3. Boosted DeFi Yield on Hawksight Solana & Terra DeFi vaults

DDH NFT holders/stakers will enjoy boosted yield when depositing into Hawksight’s automated & profit-optimized DeFi strategy vaults. The amount of boosted yield could vary between different DeFi vaults. In the aforementioned spirit of “equal access but differentiated rewards”, the boosted yield enjoyed by each rarity of NFT holder will be consistent, however rarer (and higher quantity) NFT holders will enjoy boosted yield applied for higher caps of USDC or UST deposits.

4. Up to 50% revenue-share rewards from multiple product launches and partnerships

Revenue-share generated from crowdsourced DeFi strategy vaults will be rewarded to holders. Revenue-share generated from products launched by the HawkDAO (e.g. our early exploration for GameFi) will be rewarded to holders. Or even revenue-share generated from partnering projects that allocate revenue for HawkDAO, will be rewarded to holders. The actual revenue-share percentage shared will vary from project to project, but in principle our goal is to reward holders as much as possible (up to 50%) while balancing long-term sustainability. The format of rewards could also vary by project (e.g. token distribution, airdrops, buybacks, etc).

For example we have started dedicating 50% of trading royalties to buyback DDH NFTs, which will start with modest amounts to ensure long-term sustainability, but gradually ramp up as Hawksight launches revenue-generating DeFi & GameFi products to fund buybacks.

Holders with high-rarity of DDH NFTs will be rewarded higher percentages of revenue-share rewards

5. Hawksight Degen Pool: GameFi product to gamify DeFi and drive adoption, TVL, and value to holders

Hawksight Degen Pool is our early experimentation of no-loss prize pools to gamify DeFi (similar to successes of PoolTogether on ETH and MoonPot on BSC). Revenue generated from Hawksight Degen Pool will be dedicated to DDH NFT holders, burning $HAWK tokens, and community treasury.

6. HawkDAO NFT whitelist and partnerships

We receive a lot of requests from both new and old-but-established NFT projects to partner with HawkDAO. We are currently experimenting on ways to prioritize NFT whitelist rewards for holders of higher-rarity or higher-quantity Debonair Degen Hawks NFTs.

TLDR Summary

Good things take time, but will pay off big time. Hawksight is ramping up product launches for a leading DeFi ecosystem on Solana & Terra — which will drive demand and value for Debonair Degen Hawks NFT & $HAWK token holders. Reward systems will evolve and adjust over time based on market conditions and community feedback, but what’s for certain is that the Hawksight ecosystem value to holders will continue growing in the long-run as we keep BUIDLING.

Are you an active investor? Sure, we have trading signals, social signals, chatbots, and powerful DeFi strategies for you

Are you a passive investor? No problem, simply deposit USDC or UST, and Hawksight will automate investments and yield farming for you.

What is Hawksight?

Hawksight is a DeFi super-app for Everyone. Simply deposit USDC to automate DeFi strategies and earn profit-optimized yield on Solana. Or make smarter investment decisions using our superapp’s AI-driven trading signals, social signals, DeFi-NFTs, and GameFi utilities. Hawksight is backed by Solana Ventures.

Passive investors can simply deposit USDC to automate DeFi strategies to earn capital gains and profit-optimized yield on Hawksight.

While Active investors can access AI-driven trading and social signals to make smarter trading decisions

Hawksight’s mission is to make DeFi yield accessible to Everyone — and we are tackling this mission with 3 (three) strategic launches:

DeFi app with 1-click automated DeFi yield strategies
DeFi-NFTs to “mint” first-time DeFi users
GameFi Degen Pool to make DeFi more accessible, engaging, and rewarding to users (especially NFT holders)