Hawksight Weekly Progress & AMA (26th May ’22)

Hawksight | Solana DeFi Navigator

3 min readMay 28, 2022

Hawksight DeFi updated homepage & Solana Automated yield farming vault

✅ Product updates

Launched DeFi mainnet for Solana automated yield farming vaults. Currently undergoing rigorous testing with Team, Contributors & Partners. Overall progress is looking good, and majority of fixes & improvements are user interface design-related to make sure Hawksight’s Solana automated yield farming vaults are easy-to-use for mass adoption
DeFi mainnet is currently integrated with (in other words, automating yield farming for) Saber. Next integration we are looking into is Sunny Finance, and USDC automated yield farming vaults.
DeFi mainnet will be rolled out progressively in the coming 1–2 weeks to OGs, community, and then a global rollout in parallel with ramped up marketing efforts
Hawksight’s automated DeFi strategies will focus on two vaults: Solana automated yield-farming (Integration with Saber & Sunny first, then more leading Solana yield farming protocols in the roadmap), and USDC automated yield-farming. Imagine a “Jupiter Aggregator for Yield Farming” that automatically lets users yield-farm based on selected parameters to optimize (e.g. yield, liquidity, etc)
Launched a new Hawksight NFT staking page (v2) for a significantly improved & faster staking experience for users. This staking platform will serve as a strong foundation to expand into other ecosystem utilities. One immediate-term initiative we are exploring is NFT raffles and auctions using $HAWK tokens, whereby the benefits are twofold: 1) Benefit Hawksight NFT holders with the chance to win trending Solana NFTs, and 2) Boost utility and deflationary effect on $HAWK tokens.
🥩Reminder for NFT holders to unstake from v1, and start staking in Hawksight v2 staking platform: https://nft.hawksight.co/. Kindly join our Discord if you need any assistance.
Hawksight Degen Pool (Gamification of DeFi vaults): Initializing smart contract development. Find out how our GameFi project benefits NFT holders here: Hawksight Degen Pool: Gamifying DeFi while rewarding NFT holders
Ramping up more frequent and transparent progress updates with community — for both our Core Product and Ecosystem Utilities. Stay tuned for more devlogs updates (More details in our Discord)

✅Growth & Business Development updates

Planning new initiatives to benefit Hawksight NFT holder community. Most popular requests include: NFT raffling, PFP launch, among others.
Strategic planning to ramp up big marketing campaigns & competitions on Twitter, Discord, and Telegram for global public rollout of DeFi app mainnet

🙌Key Community Q&A

1. What is the APY yield for Hawksight’s Solana automated yield farming vault?

Currently 7% yield, which will continuously improve or evolve as we integrate more DeFi protocols and pools to automate, and subject to market conditions.

2. Which protocols are currently integrated with Hawksight DeFi app?

Saber, Orca, and Quarry. We’re currently integrating Sunny.

🐣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 super-app’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)