Hawksight

<img src="https://miro.medium.com/max/1400/1*uYIeDARC6MKjAetfupihbw.png" />&#x1f969;How does $HAWK staking work?Stake $HAWK to earn yield on your $HAWK tokens. When you stake $HAWK, you receive xHAWK in exchange as a yield-bearing asset.When you eventually unstake xHAWK, you are entitled to receive more $HAWK than you initially deposited. No rewards-claiming or additional steps required, simply stake your $HAWK and hold your xHAWK to earn more $HAWK!&#x1f33e;How does $HAWK accrue in value?$HAWK token accrual value is driven by token buybacks, funded by protocol fees as Hawksight’s Total Value Locked (TVL) grows. So don’t forget to check out <a href="https://t.co/VeLlqUCGZy" rel="noopener noreferrer nofollow">http://hawksight.co</a>, the ultimate one-stop-shop for <a href="https://twitter.com/search?q&#61;%24SOL&amp;src&#61;cashtag_click" rel="noopener noreferrer nofollow">$SOL</a> &amp; <a href="https://twitter.com/search?q&#61;%24USDC&amp;src&#61;cashtag_click" rel="noopener noreferrer nofollow">$USDC</a> yields<h2 id="header-0">Step-by-step guide</h2><ol><li>Go to Hawksight staking page (<a href="https://staking.hawksight.co/" rel="noopener noreferrer nofollow">https://staking.hawksight.co/</a>)​</li></ol><img src="https://miro.medium.com/max/1156/1*soUosWzVrMuQCIcYCMQSuA.png" />2. Connect your wallet that holds $HAWK tokens​<img src="https://miro.medium.com/max/1400/1*mvK3Ptv_9nzGvlby1yI4Lw.png" />3. Input the amount of $HAWK tokens you want to stake and click “Stake”<img src="https://miro.medium.com/max/1400/1*dWhdL827RI2hLXORN2rB9g.png" />​4. Click “Approve”, confirm the transaction in your wallet, and wait a few seconds. When you see the pop-up that’s it, you’re done! Congratulations, you are now earning yield on your $HAWK tokens!<img src="https://miro.medium.com/max/1400/0*MQ3yqNIqVUD7Kq8B" />Frequently-asked-questions (FAQs):<ol><li>Whats is xHAWK token?xHAWK token represents your $HAWK token staking claim in the staking vault.</li><li>How do I claim my token staking rewards?You can claim your token staking rewards by providing your xHAWK tokens and clicking ‘Unstake’. When you unstake your xHAWK, you will receive more $HAWK tokens than what you initially deposited.</li><li>Do I need to claim rewards everyday?You do not need to ‘claim’ your $HAWK token rewards every day. Token rewards will be accumulated automatically over time.</li><li>What is the equivalent of 1 xHAWK to HAWK?The equivalent of 1 xHAWK will be determined by a formula based on the prevailing APY rates for $HAWK yield. The equivalent xHAWK is always greater than 1 $HAWK.</li><li>Will there be a lock-up period for staking my $HAWK tokens, if so, how long?There will be no lock-up period, and you can unstake your $HAWK tokens anytime.</li><li>What are is minimum and maximum number of $HAWK tokens to stake?There is no minimum and maximum amount of $HAWK to stake.</li><li>How can I unstake my xHAWK?xHAWK tokens represent your $HAWK token staking claim in the staking vault, which can be used to unstake your $HAWK tokens and claim rewards. There is no unstaking option for xHAWK.</li><li>How much is the staking fee?Zero. There is no staking fee, you just need to pay for Solana network fees.</li><li>What will happen to xHAWK after I use it to unstake my $HAWK tokens?The xHAWK will be burned when you exchange them back and receive $HAWK tokens.</li><li>How can I calculate the APY?The price of xHAWK over a 365-day period is determined by the prevailing APY rate.</li><li>Can I use my Ledger for staking?Yes, you can use Ledger</li></ol>

$HAWK Token Staking, Accrual Value, & FAQs

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Hawksight

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