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Overview

When configuring a Sonar sale, you make two independent decisions:
  1. Pricing Strategy: How is the token price determined?
  2. Settlement: How are tokens allocated if demand exceeds supply?

Pricing Strategies

Sonar supports two pricing strategies:

What Sonar Does vs What You Do

Sonar handles the sale infrastructure: collecting funds, enforcing compliance, and processing refunds. You decide how to allocate commitments, and Sonar syncs those decisions to the contract. Token distribution to buyers is a separate process managed by your team after the sale.

Next Steps

Pricing Strategies

Fixed price vs English auction

Settlement

How settlement works after the commitment phase