Overview
When configuring a Sonar sale, you make two independent decisions:- Pricing Strategy: How is the token price determined?
- Settlement: How are tokens allocated if demand exceeds supply?
Pricing Strategies
Sonar supports two pricing strategies:| Use Case | Pricing strategy | Result |
|---|---|---|
| Community sale, predictable experience | Fixed Price | Everyone pays the same price |
| Price discovery | English Auction | Market determines price via competitive bidding |
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 | ✓ | |
| Frontend/website | ✓ | |
| Token distribution | ✓ | |
| Vesting/lockup enforcement | ✓ |
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