Overview
When configuring a Sonar sale, you make two independent decisions:
- Pricing Strategy: How is the token price determined?
- Settlement Strategy: How are tokens allocated if demand exceeds supply?
These can be combined in different ways depending on your objectives.
Common Configurations
| Use Case | Pricing strategy | Settlement strategy | Result |
|---|
| Community sale, predictable experience | Fixed Price | Pro-Rata | Everyone gets proportional share |
| Broad distribution, many participants | Fixed Price | Iterative Fill | Prioritizes filling more participants |
| Price discovery | English Auction | Pro-Rata | Market determines price |
| Strategic round | Fixed Price | Manual | Full control over allocations |
What Sonar Does vs What You Do
| Responsibility | Sonar | Your Team |
|---|
| KYC/KYB verification | ✓ | |
| Wallet risk screening | ✓ | |
| Purchase permit issuance | ✓ | |
| Smart contract deployment | ✓ (standard configs) | Custom only |
| Settlement computation | ✓ (standard strategies) | Manual strategy only |
| Frontend/website | | ✓ |
| Token distribution | | ✓ |
| Vesting/lockup enforcement | | ✓ |
Sonar handles the sale infrastructure: collecting funds, enforcing compliance, computing allocations, and processing refunds. Token distribution to buyers is a separate process managed by your team after the sale.
Next Steps
