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Hawksight tutorial

Everything you need to know to get started with Hawksight
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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. 1.
    Hawksight Wallet: Self-custodial interface within Hawksight for managing your tokens and rewards.
  2. 2.
    Wallet: Wallet interface with your wallet address interacting with the pool. Currently supporting Phantom and Backpack wallets.
  3. 3.
    Track Wallet Performance (After Depositing): Allows you to monitor the real-time performance of your deposited tokens within the liquidity pool.
  4. 4.
    Default Price Range: Suggested price range within which your liquidity position is likely to perform best.
  5. 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. 6.
    Minimum Price: minimum price of your liquidity pool position
  7. 7.
    Maximum Price: maximum price of your liquidity pool position
  8. 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. 9.
    Auto-swap Deposit: Automatically convert your deposit into the required tokens & ratio for the liquidity pool at optimized rates, powered by Jupiter.
  10. 10.
    Estimated Yield: Estimated yield to receive from depositing in the liquidity pool
  11. 11.
    Slippage: Potential percent price difference allowance between the auto-swap deposit - based on available liquidity.
  12. 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. 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. 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. 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. 16.
    APY Breakdown: Displays the expected annualized percentage yield from the liquidity pool, including base returns and incentives.
  17. 17.
    Activity Log: Records and displays all actions taken within your Hawksight account, such as deposits, withdrawals, rebalancing, and earnings.
  18. 18.
    Safety & Risk Factors: Lists potential risks and considerations to be aware of when participating in the liquidity pool, including features in beta.