😎Hawksight tutorial

Everything you need to know to get started with Hawksight

💡 TLDR: Hawksight automatically autocompounds & rebalances for Solana active liquidity providers (LPs) to optimize yield. You can simply deposit in default price ranges & strategies. Or if you are an experienced DeFi user, you can customize your own price range based on your expectation of price movements, customize rebalancing strategies, and even transparently simulate potential risk & returns on HawkAI

1. Hawksight Wallet: Self-custodial interface within Hawksight for managing your tokens and rewards.

2. Wallet: Wallet interface with your wallet address interacting with the pool. Currently supporting Phantom and Backpack wallets.

3. Track Wallet Performance (After Depositing): Allows you to monitor the real-time performance of your deposited tokens within the liquidity pool.

4. Default Price Range: Suggested price range within which your liquidity position is likely to perform best.

5. Custom Min/Max Price Range: User-customized limits for the liquidity pool position. Users can set tighter ranges to concentrated liquidity & yield, or set wider ranges to anticipate for bigger or directional token price fluctuations

6. Minimum Price: minimum price of your liquidity pool position

7. Maximum Price: maximum price of your liquidity pool position

8. Auto-rebalance: Let Hawksight automatically adjust your liquidity pool (LP) position based on token price action, to make sure LP is in-the-money and generating yield

9. Auto-swap Deposit: Automatically convert your deposit into the required tokens & ratio for the liquidity pool at optimized rates, powered by Jupiter.

10. Estimated Yield: Estimated yield to receive from depositing in the liquidity pool

11. Slippage: Potential percent price difference allowance between the auto-swap deposit - based on available liquidity.

12. Auto-rebalance: Let Hawksight automatically adjust your liquidity pool (LP) position based on token price action, to make sure LP is in-the-money and generating yield

13. Auto-rebalance Rules:

    • Outside of Price Range: Triggers rebalancing of your position when the market price moves outside your predetermined price range.

    • Periodic: Triggers rebalance after a set number of periods(days) have passed.

    • Simple Moving Average Crossover (SMAC): Rebalances when the short-term simple moving average (fast) crosses the long-term average (slow).

    • Exponential Moving Average Crossover (EMAC): Rebalances when the short-term exponential moving average (fast) crosses the long-term average(slow).

14. Rebalance Width: Determines the range around the current price where your position will be rebalanced like:

    • Percentage of Price: A specified percentage of the current price.

    • Symmetric: Maintains equal distance from the current price for both the minimum and maximum range.

    • Average True Range (ATR): Based on the volatility metric using the 14-day moving average of price highs and lows.

15. Try in LP Simulator: Simulates potential returns and risks from the liquidity position with HawkAI, based on historical data and your chosen strategy parameters.

16. APY Breakdown: Displays the expected annualized percentage yield from the liquidity pool, including base returns and incentives.

17. Activity Log: Records and displays all actions taken within your Hawksight account, such as deposits, withdrawals, rebalancing, and earnings.

18. Safety & Risk Factors: Lists potential risks and considerations to be aware of when participating in the liquidity pool, including features in beta.