Hawksight is Launching on AcceleRaytor

We’re excited to announce that on April 20, Hawksight will be launching on AcceleRaytor!

Hawksight is a DeFi super-app for everyone. Allowing users to deposit USDC to automate DeFi strategies and earn profit-optimized yield on Solana & Terra. Make smarter investment decisions using Hawksight’s AI-driven trading signals, social signals, DeFi-NFTs, and GameFi utilities.

This article will cover the two parts of an AcceleRaytor launch: 1) the Public Raise and 2) the IDO on Raydium.

1. HAWK AcceleRaytor Public Raise details:

Total tokens for the raise: 30,000,000 HAWK, unlocked (increased from 20m)

Token fixed price: 0.012 USDC for 1 HAWK

Total raise: 360,000 USDC (increased from 240k USDC)

Model: Randomized Draw

Allocation for selected ticket: 60 USDC (5,000 HAWK)

Total number of winning tickets: 6,000 (increased from 4,000)

Pool opens: April 20, 10:00 UTC

Pool closes: April 20, 22:00 UTC

Open period of the pools: 12 hours

Eligibility and pool details:

There will be one RAY pool available for the HAWK raise.

  • Allocation will be determined by random ticket draw.
  • Allocation for one selected ticket: 60 USDC
  • There will be four snapshot deadlines to determine ticket allotment.

7-day deadline:

  • Eligibility: At least 100 RAY staked in RAY single-sided staking prior to the staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 100 RAY staked — up to a maximum of 5 tickets. Staking more than 500 RAY will still receive 5 tickets maximum.
  • 7-day staking deadline: April 13, 10:00 UTC

30-day deadline:

  • Users that are eligible for the 30-day deadline will receive additional tickets on top of any received for the 7-day deadline.
  • Eligibility: At least 50 RAY staked 30 days prior to the 30-day staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 50 RAY staked — up to a maximum of 5 tickets, and 1 additional ticket for every 1,000 RAY staked.
  • Example: Alice has had 2,500 RAY staked before the 30-day deadline. She will receive 12 tickets — 5 for the 7-day deadline 100 RAY max allotment, 5 for the 30-day deadline 50 RAY max allotment, and 2 additional for each 1,000 RAY staked.
  • 30-day staking deadline: March 21, 10:00 UTC (snapshot already taken)

90-day deadline:

  • Users that are eligible for the 90-day deadline will receive additional tickets on top of any received for the 30-day and 7-day deadlines.
  • Eligibility: At least 50 RAY staked 90 days prior to the 90-day staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 50 RAY staked — up to a maximum of 5 tickets, and 1 additional ticket for every 1,000 RAY staked.
  • Example: Carol has had 3,000 RAY staked before the 90-day deadline. She will receive 21 tickets — 5 for the 7-day deadline 100 RAY max allotment, 5 for the 30-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked, and 5 for the 90-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked.
  • 90-day staking deadline: January 20, 10:00 UTC (snapshot already taken)

180-day deadline:

  • Users that are eligible for the 180-day deadline will receive additional tickets on top of any received for the 90-day, 30-day, and 7-day deadlines.
  • Eligibility: At least 50 RAY staked 180 days prior to the 180-day staking deadline below and successful USDC deposit once the pool opens. RAY must remain staked until the pool opens.
  • Lottery tickets: 1 ticket for every 50 RAY staked — up to a maximum of 5 tickets, and 1 additional ticket for every 1,000 RAY staked.
  • Example: Dave has had 3,000 RAY staked before the 180-day deadline. He will receive 29 tickets — 5 for the 7-day deadline 100 RAY max allotment, 5 for the 30-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked, 5 for the 90-day deadline 50 RAY max allotment and 3 additional for each 1,000 RAY staked, and 5 for the 180-day deadline 50 RAY max allotment and 3 additional tickets for each 1,000 RAY staked.
  • 180-day staking deadline: October 22, 10:00 UTC (snapshot already taken)

How does it work?

Tickets: Users receive eligible tickets according to the ticket allotments above. However, for a ticket to be entered in the selection process, users must deposit USDC for each ticket they wish to have entered.

  • Example: Dave has 29 tickets, Carol has 21 tickets, and Alice has 12 tickets as in the above examples. Bob staked 300 RAY before the 7-day deadline and will receive 3 tickets.

Deposit: When the pool opens, users will need to deposit 60 USDC for each ticket in order for it to be counted in the on-chain random draw. Users can choose to deposit less than their total ticket allocation, however, tickets without a matching deposit will not be entered in the draw. Deposits must be in multiples of 60 USDC. You can only deposit once.

  • Carol deposits 1,260 USDC, and Alice deposits 720 USDC, their maximum, to ensure that all of their tickets are entered in the draw. Bob deposits 120 USDC even though he has 3 tickets because he needs the extra 60 USDC to buy Alice a cool NFT that is dropping that day. In Bob’s case, only 2 of his tickets will be entered in the lottery.

Random Draw: Once the pool closes, the on-chain random draw will take place, and selected tickets will receive a 60 USDC allocation for HAWK. Results of the draw will be shown very shortly after the pool closes.

  • Example: Carol has 4 selected tickets and will receive a 240 USDC allocation. Alice has 1 selected ticket and will receive a 60 USDC allocation. Bob does not have any selected tickets, better luck next time, Bob.

Claim: Once the random draw is complete users will be able to remove their USDC for any tickets that were not drawn. Claims for HAWK from selected tickets will open once trading begins for the HAWK IDO (details below).

  • Example: Carol claims her 1,020 USDC, Alice claims her 6600 USDC, and Bob claims his 120 USDC after the draw concludes. Carol and Alice must wait for the HAWK IDO to claim HAWK.

Random Draw Transparency

The random draw is done on-chain, with numbers assigned to tickets in the order that users deposit in the pool. After the pool closes, randomly selected numbers will be determined by hashing a block, multiplying it by the timestamp, and matching the last digits of that number with user ticket numbers. Ticket numbers with the last digits matching are designated a selected ticket. This process will be repeated until all tickets are determined.

2. HAWK IDO on Raydium:

Token starting price: 0.012 USDC for 1 HAWK

IDO Launch time: April 21, 10:00 UTC

How does it work?

  • Raydium will launch a HAWK-USDC liquidity pool (LP), after which trading will be live on the Raydium Swap interface. The AMM will begin placing orders on Serum a short time after the LP launch.
  • Participants with winning tickets for the AcceleRaytor raise pool will also be able to claim their tokens at approximately the same time that the HAWK-USDC LP launches.

Fusion Pool — Provide liquidity to earn HAWK rewards

  • Users will also be able to add liquidity to HAWK-USDC LP and then stake LP tokens to earn yield on the Fusion Pools page. Rewards will be in HAWK tokens.
  • Reward emissions on the Fusion pool will begin shortly after the LP launches, to give users time to add liquidity and stake in the Fusion pool for yield farming.

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 & Terra. Make smarter investment decisions using our superapp’s AI-driven trading signals, social signals, DeFi-NFTs, and GameFi utilities.

Hawksight has built and launched an AI engine that pushes profit-optimized trading signals to reach 1,284,429+ Individuals & Institutions globally via web platform, email, Telegram chatbot, Discord chatbot, and API, which is key to expanding the addressable market and driving mainstream adoption of DeFi — by pulling everyday Individuals & Institutions into the Solana DeFi ecosystem with actionable AI signals that can be instantly executed with a non-custodial DApp

Make sure to follow official Raydium accounts below for updates.

Persons located in or residents of the United States, North Korea, Iran, Venezuela, any sanctioned countries as provided by OFAC, or any other jurisdiction in which it is prohibited from using any of the services offered on the Raydium website, including AcceleRaytor, (the “Prohibited Jurisdictions”) are not permitted to make use of these services or participate in this token sale. For the avoidance of doubt, the foregoing restrictions on any of the services offered on the Raydium website from Prohibited Jurisdictions apply equally to residents and citizens of other nations while located in a Prohibited Jurisdiction.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Raydium

Raydium

Raydium is an on-chain order book AMM powering the evolution of DeFi. https://raydium.io/