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About SonarWatch
Key Points
- SonarWatch is a tracking dashboard on Solana blockchain for tracking assets on Solana DeFi.
- $SONAR is the utility token used to access PRO features and reduce transaction fees.
- PRO features include token, pools, farms, staking, and lending tracking, multi-wallet support, historical chart of portfolio’s value, floor price evaluation, currency selector, statistics on all assets, top gainers and losers, IL calculator, and ecosystem overview.
- 100 million SONAR tokens have been generated, with 40% for mining reserves, 20% for the team, 20% for investors, 10% for treasury/liquidity, 5% for IDO/IEO
About SonarWatch
Introducing SonarWatch, a cutting-edge cryptocurrency analytics platform designed to empower informed investment decisions.
Introducing SonarWatch: A Revolutionary Cryptocurrency Tracking Solution
SonarWatch is a cutting-edge tracking dashboard situated on the Solana blockchain, empowering users to meticulously monitor their assets within the Solana DeFi sphere, while also facilitating in-depth exploration of the ecosystem.
$SONAR is the utility token that serves as the linchpin, facilitating a multitude of functions, including:
- Unlock premium features on sonar.watch, elevating your experience
- Enjoy discounted transaction fees on every trade executed on sonar.watch
Our premium PRO features comprise the following esteemed list:
• Comprehensive tracking of tokens, pools, farms, staking, and lending activities • Support for multiple wallets •
Historical chart analysis of your portfolio’s value fluctuations • Accurate floor price assessment of your digital collection •
Currency selection feature • In-depth statistics on all assets, including current price, annual percentage rate (APR), total value locked (TVL), and circulating supply •
Ranking of top gainers and losers • Innovative Impermanent Loss (IL) Calculator • Holistic ecosystem overview
The Circulating Supply of SONAR Coins: An Overview
A total of 100 million SONAR tokens have been generated, with a strategic allocation plan in place. The mining reserves account for 40% of the total supply, which will be gradually diluted over an extended period, with 40% of the remaining reserve being diluted annually. The project team has been allocated 20% of the tokens, which will be fully locked for a period of two years. Meanwhile, 20% of the tokens have been designated for investors who participated in the seed and private sale, with a one-year lock-up period and a six-month vesting schedule. The treasury and liquidity pool will receive 10% of the tokens, while 5% will be allocated to IDO/IEO initiatives. Additionally, 3% of the tokens will be dedicated to marketing efforts, and 2% will be reserved for airdrops. At the time of launch, a total of 22 million tokens will be in circulation, comprising 10 million from the treasury and liquidity pool, 5 million from IDO/IEO, and 7 million from other sources.
The Visionaries Behind SonarWatch: Meet the Founders
Olivier, Sonar’s lead developer, boasts an impressive six-year tenure as a full-stack web developer. In recent years, he has shifted his focus to blockchain development, initially with Ethereum and subsequently with Solana. Initially conceived as a personal project, SonarWatch was designed to facilitate his own fund tracking on Solana DeFi; however, upon sharing the tool with the public, it has since evolved into the most widely utilized tracking tool on Solana.
Guillaume boasts a three-year tenure in the finance sector, where he initially served as a developer and later transitioned to a project manager role at a company specializing in technical analysis and trading solutions for both individual users and institutional clients. Currently, he oversees project development and strategic growth at Sonar.
Victor, the community manager, also spearheads marketing efforts, playing a pivotal role in shaping strategy and product direction. His dual responsibilities enable him to foster a powerful community while guiding the tool towards its optimal trajectory.
Introducing SonarWatch: A Cutting-Edge Cryptocurrency Monitoring Platform
SonarWatch is a cutting-edge dashboard tailored to the Solana blockchain, empowering users to seamlessly track their assets across a diverse range of decentralized finance (DeFi) platforms. By providing an exhaustive exploration of the Solana ecosystem, it proves to be an indispensable tool for stakeholders invested in the web3 space. The platform is fueled by its native utility token, $SONAR, which unlocks access to premium features and enables transaction fee reductions, thereby enhancing the overall user experience.
The premium features accessible through SonarWatch encompass comprehensive tracking of tokens, pools, farms, staking, and lending activities. It accommodates multiple wallets, furnishing users with a historical chart of their portfolio’s value, floor price appraisals of collections, a currency selector, and exhaustive statistics on all assets, including price, annual percentage rate (APR), total value locked (TVL), and supply. Furthermore, users can leverage insights into top gainers and losers, an impermanent loss (IL) calculator, and a panoramic view of the ecosystem.
With respect to its tokenomics, SonarWatch boasts a total supply of 100 million SONAR tokens, strategically allocated across various categories. A substantial 40% is reserved for mining, with a gradual release schedule spanning several years. The development team has been allocated 20% of the total supply, subject to a two-year lock-up period. Another 20% has been designated for seed and private investors, with a one-year lock and a subsequent six-month vesting period. The remaining tokens are distributed among the treasury and liquidity pool (10%), initial dex offering (IDO) and initial exchange offering (IEO) (5%), marketing initiatives (3%), and airdrops (2%). At the time of launch, 22 million tokens were made available for circulation.
The SonarWatch team boasts a diverse range of experts, each with a unique blend of skills and experience in web and blockchain development, finance, and community engagement. At the helm is Olivier, the lead developer, who brings six years of full-stack web development expertise, with a recent emphasis on blockchain technologies, including Ethereum and Solana. Guillaume, with a three-year background in finance, oversees project growth and evolution, drawing on his proficiency in technical analysis and trading solutions. Meanwhile, Victor, the community manager, plays a pivotal role in marketing and strategic product direction, focused on fostering a strong community and guiding the platform towards realizing its vision.
SonarWatch emerges as a paramount instrument within the Solana ecosystem, providing a meticulous and intuitive interface for seamless asset management and in-depth ecosystem exploration.
Ensuring Unwavering Security: The SonarWatch Approach
SonarWatch reinforces its security posture through a multifaceted approach, ensuring that users’ investments are safeguarded across diverse fronts. The platform incorporates an additional layer of security by integrating support for hardware wallets, renowned for their robust security features, thereby enabling users to manage their assets with an augmented level of protection against unauthorized access. Furthermore, encryption plays a pivotal role in safeguarding sensitive data, ensuring that confidential information is securely transmitted and stored, thereby mitigating the risk of interception by malicious entities.
The platform is subject to rigorous smart contract audits, a paramount security protocol in the blockchain ecosystem. These audits, conducted by independent security firms with expertise in identifying vulnerabilities within smart contracts, enable SonarWatch to proactively address potential security threats. By doing so, the platform ensures the integrity of its infrastructure and safeguards users’ assets from potential exploitation.
Stringent data privacy measures are rigorously enforced to safeguard users’ sensitive personal and transactional information, upholding the highest standards of confidentiality and adhering to pertinent regulatory requirements. This steadfast commitment to privacy guarantees that users’ information is treated with the utmost diligence, effectively preventing unauthorized access and misuse.
In a proactive stance against emerging security threats, SonarWatch maintains a vigilant posture through continuous monitoring and updates. The platform’s dedicated security team scrupulously tracks suspicious activities, swiftly implementing requisite updates to address newly discovered vulnerabilities, thereby ensuring the platform’s unwavering resilience against the ever-evolving cyber threat landscape.
In summary, SonarWatch’s security framework is all-encompassing, integrating
hardware wallet support, robust encryption, rigorous smart contract audits,
stringent data privacy measures, and continuous monitoring and updates. This
multi-layered approach to security underscores SonarWatch’s unwavering
commitment to providing a secure and reliable platform for managing and
tracking cryptocurrency investments on the Solana blockchain.
Unlocking the Potential of SonarWatch: A Comprehensive Utilization Guide
SonarWatch presents a comprehensive dashboard tailored to the Solana blockchain ecosystem, catering to the diverse needs of individual investors and crypto businesses alike. Its primary function is to empower users to seamlessly track their digital assets, encompassing cryptocurrencies, tokens, and investments across a multitude of DeFi platforms. By aggregating data from prominent exchanges, SonarWatch furnishes users with up-to-the-minute price information, enabling them to monitor their portfolio’s performance in real-time, including yield farming activities and liquidity pool performance, thereby providing a panoramic view of their investment landscape.
For discerning users seeking elevated functionality, SonarWatch presents a PRO version, offering a premium suite of advanced DeFi tools. By holding a specified amount of $SONAR tokens, users can unlock a comprehensive range of utilities, including detailed tracking of tokens, pools, farms, staking, and lending activities. The PRO features also support multiple wallets, provide historical charts of portfolio values, and enable the evaluation of floor prices for collections, alongside a currency selector. Furthermore, users gain access to exhaustive statistics on all assets, encompassing price, annual percentage rate (APR), total value locked (TVL), and supply. Additional benefits include insightful analytics on top gainers and losers, an impermanent loss (IL) calculator, and a panoramic overview of the ecosystem.
Beyond individual use, SonarWatch caters to the needs of crypto businesses and financial institutions by providing a suite of tools tailored to facilitate compliance. This facet of the platform underscores its utility in professional environments, where access to accurate and timely information is paramount for informed decision-making and regulatory adherence.
The platform is powered by the $SONAR token, which occupies a pivotal position within its ecosystem. The $SONAR token serves as the key to unlocking PRO features, reducing transaction fees on the platform, and participating in diverse community-driven initiatives. With a total supply of 100 million tokens, the distribution is meticulously planned to foster the platform’s growth and sustainability. This includes strategic allocations for mining reserves, team members, investors, treasury, liquidity, marketing, and airdrops, thereby ensuring a balanced and equitable distribution that aligns with the platform’s long-term vision.
The genesis of SonarWatch was orchestrated by Olivier, Guillaume, and Victor,
each contributing a distinct array of skills and expertise to the endeavour.
Their diverse backgrounds in blockchain development, finance, and community
management have been pivotal in moulding SonarWatch into a preeminent tracking
tool for the Solana ecosystem. Their collective vision continues to propel the
platform’s evolution, prioritizing user-centricity, technological innovation,
and community engagement.
In conclusion, SonarWatch emerges as a linchpin in the Solana DeFi ecosystem, offering a synergistic blend of fundamental and advanced features tailored to cater to the diverse requirements of its users. Whether for individual portfolio management or institutional compliance, SonarWatch furnishes a dependable, intuitive platform for tracking and analyzing digital assets with precision and ease.
What pivotal milestones have marked SonarWatch’s journey?
Contrary to initial reports suggesting a lack of notable events, a closer examination of SonarWatch reveals a more compelling narrative. As a prominent tracking dashboard on the Solana blockchain, SonarWatch has been making substantial inroads in the cryptocurrency sphere. By providing users with a comprehensive suite of tools to monitor their assets across Solana’s decentralized finance (DeFi) ecosystem, the platform offers a multifaceted solution. This includes features for tracking tokens, pools, farms, staking, and lending, as well as support for multiple wallets. Furthermore, SonarWatch furnishes users with valuable insights, such as historical portfolio value charts, floor price evaluations, and ecosystem overviews, thereby empowering them to make informed decisions.
The utility token of SonarWatch, $SONAR, assumes a pivotal role in unlocking PRO features and mitigating transaction fees on the platform. With a capped total supply of 100 million tokens, the distribution strategy encompasses allocations for mining reserves, team members, investors, treasury and liquidity, IDO/IEO, marketing initiatives, and airdrops. At the time of launch, a tranche of 22 million tokens was made available for circulation.
The founding team behind SonarWatch boasts a rich tapestry of expertise, drawing from both the blockchain and finance realms. Olivier, the lead developer, has leveraged his extensive experience as a full-stack web developer to pivot towards blockchain development, with notable projects on Ethereum and Solana under his belt. Guillaume, with a strong foundation in finance and technical analysis solutions, spearheads project growth and evolution. Meanwhile, Victor, the community manager, plays a pivotal role in shaping marketing strategies and fostering a vibrant community around SonarWatch.
While specific events were not disclosed, the burgeoning popularity, ascending market capitalization ranking, and relentless development of SonarWatch portend a thriving project trajectory. This momentum serves as a testament to the platform’s inherent utility and the team’s unwavering dedication to elevating the DeFi tracking experience on the Solana blockchain. As with any cryptocurrency or blockchain project, prospective users and investors are advised to conduct exhaustive research to grasp the attendant risks and opportunities associated with SonarWatch.