Hawksight Progress Updates — Higher risk-seeking yields (27th Jan’23)

Hawksight | Solana DeFi Navigator
2 min readJan 27, 2023

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Hawksight.co homepage with newly launched risk-seeking yield strategies

✅ Product updates

  • Latest yield APY updates at https://hawksight.co/: 12.14% for SOL stable-yield, 10.42% for USDC stable-yield, 13.84% for SOL risk-seeking yield
  • Launched risk-seeking yield strategies, which generally offer higher yield but with higher risk due to reasons such as (but not limited to): lower liquidity, single instead of pooled NFT exposure, non-stable asset pairs which could cause Impermanent Loss (IL).
  • Next DeFi integration we are focusing on: Orca Whirlpool CLMM (Concentrated Liquidity Market Making), and more higher risk-seeking yield strategies
  • Integrating with DeFiLlama after surpassing 7-digit Total Value Locked (and even more Total Value Routed)
  • Experimenting on HawkAI.xyz, aiming to provide AI-driven DeFi risk management solutions for Protocols & Degens. Recently secured our first mandate to build analytics dashboards for Marinade DAO. Slide into our DMs if you’re interested to learn more!

3 Key product focus areas based on strong user demand and validation:

  • Launch higher yield risk-seeking strategies (Done & expanding): Done integrating higher-yield single NFT asset exposure strategies from Frakt’s Okay Bears, ABC, Solana Monkey Business, DeGods, Pawnshop Gnomies pools. Thinking of expanding to SOL-USDC non-stable pair yield strategies
  • Decentralized automation (In-progress): Non-custodial autocompounding of yield to make it easy for users to automatically & safely compound earnings in a non-custodial way
  • AI-driven smart alerts (To-do): so users can earn the best yields by receiving push-notification alerts on new or updated APY yield strategies

✅Growth & Business Development updates

  • Planning Debonair Degen Hawks NFT PFP & roadmap upgrade (Alpha: You will need $HAWK tokens).
  • Finalizing the art traits for Debonair Degen Hawks NFT PFP, as well upgraded benefit mechanisms (including yield performance fee discounts for Hawksight DeFi app depositors).
  • Researching on significantly expanding $HAWK token rewards with large & long-term vesting for upgraded NFT holders, to create a flywheel of strongly aligned incentives driving Hawksight DeFi TVL growth, revenue-generation, token buybacks, and value accrual for NFT & token holders
  • Showcased how Hawksight is helping spearhead Solana DeFi innovation by capitalizing on Versioned Transactions and supporting Phantom, Backpack, Solflare, and Glow wallets.

🐣What is Hawksight?

Hawksight.co is building Solana’s Smartest DeFi Navigator — Earn the best APY yield opportunities to grow your SOL and USDC, through 1-click automated yield strategies for: DEX trading yields, borrow-lending, and structured derivatives. Hawksight is backed by Solana Ventures, and audited by Sec3 & CertiK.

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Hawksight | Solana DeFi Navigator

Hawksight.co is Solana’s Smartest DeFi Navigator— Earn the best APY yield opportunities to grow your SOL and USDC