Unveiling Hawksight v2: Transforming Solana Memecoin & Altcoin LPing
Over the years, Hawksight has evolved from a simple yield optimizer to becoming a leading Liquidity Providing (LP) aggregator for Solana memecoins & altcoins, generating $9.4M all-time fees with $5.8B total volume for Active LPers through automated self-custodial LP strategies. Hawksight is profitable, growing, and just getting started.
As we double down on becoming the liquidity backbone for on-chain permissionless markets, Hawksight is launching an upgraded v2 DeFi app & rebranding, and v2 token launch & migration.
Reminder: Snapshots have been taken for token holders and NFT holders. Please do not buy $HAWK. If you are new to Hawksight, you can still qualify for the new token airdrop via Hawkight v2 DeFi app.
Hawksight v2 DeFi app
Hawksight’s v2 DeFi app reflects its sharpened focus on product-market-fit as an LP aggregator, and solves pain points of Active LPers.
Current problems LPing:
- Opaque: Liquidity providers blindly LP without tracking profitability & loss
- Manual: Liquidity providers manually track, swap, compound yield, and rebalance positions to stay in-range.
Hawksight v2 solves the 2 biggest pain points of LPing with:
- Analytics: Easily discover (instantly onboarded) trending liquidity pools, track LP positions, and analyze profitable LP strategies
- Automation: Automate LP strategies with autocompound, autorebalance, and auto TP/SL (Take Profit & Stop Loss) triggers
Hawksight v2 empowers Active LPers with 10x better analytics and 10x better automation to get smarter LP yields, especially for high-volume memecoins & altcoins.
Customized LP strategy automations are available for Orca CLMM and Meteora DLMM (and yes, you qualify for $MET points by automating Meteora LPing through Hawksight).
Hawksight v2 token launch & migration
A token reset solves the following challenges and learnings from existing tokenomics:
- Low-float high FDV launched from past cycle’s common practice
- Streamline value accrual from having both tokens & NFTs
- Adapt value accrual and tokenomics to upgraded v2 DeFi app
- Reflect protocol’s new product revamp, rebrand, and user-focus on Active LPs
Now for the exciting part, the new token launch & migration is designed to:
- Reward OGs: Including OG Hawksight DeFi app users, tokenholders, and NFT holders. We have taken snapshots!
- Incentivize v2 users: New users of Hawksight v2 will qualify for new token airdrops. (Yes you can double-stack for MET points and Hawksight v2 points)
- Embody the on-chain economy mission: 100% on-chain launch/price-discovery/trading, low-FDV bonding curve launch, and decentralized liquidity & circulating supply.
- NOT fundraise: Hawksight has strong revenue fundamentals and is profitable, the protocol does not need to and will not fundraise. Deposits will be used to lock LP and boost liquidity depth.
The token fair launch will enable investors to enter at a low-price from a single-sided pool, with 100% of funds used to lock & burn LP tokens to boost liquidity & on-chain price discovery.
As part of our long-term commitment to the protocol, and ensuring a fair & decentralized distribution, only currently circulating $HAWK tokens will be entitled to airdrops in the new migration. Labs & founders-related circulating tokens will NOT be considered for migration, and all team & contributors tokens will have new lockups & vesting schedules.
Hawksight v2 DeFi app will launch Q3–2024, and the new token will launch Q4–2024.
Follow @hawksightco on X to stay tuned for more exciting updates!
Reminder: Snapshots have been taken for token and NFT holders. Please do not buy $HAWK. If you are new to Hawksight, you can still qualify for the new token airdrop via Hawkight v2 DeFi app.
