Up until now, users have been happy with AMM style trading in DeFi. AMMs offer a large amount of benefits over central limit order books (CLOB) when blockchain transactions are expensive and slow. With the adoption of 0xPolygon as a layer 2 scaling solution to Ethereum, we not have the chance to build an old (but new) DeFi primitive in the form of a CLOB. This is because 0xPolygon network will be able to handle the transaction volume needed to market make and trade on a order book. Hawk Dex will be the first community owned decentralized CLOB on 0xPolygon.
Roadmap
- HAWK Token Distribution: This token distribution will run for 3 weeks and will release 100% of the token supply over this time. The dev team will be farming HAWK along with everyone else, as we believe this gives the fairest token distribution while allowing us to have skin in the game until v1 of Hawk is released.
- Hawk Dex Launch: At the conclusion of the three week HAWK farming, Hawk Dex v1 will launch. This will be a fully functional CLOB allowing for any pair of two tokens to be made into a trading pair.
Token Distribution
The HAWK token will be distributed through seven staking pools.
HAWK/WETH Quickswap LP (x4 rewards), WMATIC, WETH, WBTC, USDT, USDC, DAI are the staking pools chosen to farm HAWK tokens. The distribution will be a flat 21 day distribution.
This token distribution will begin tomorrow at 14:00 GMT!
