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What is Sonar Watch?
Sonar Watch ($SONAR) is a tool used to track the yield farming and liquidity pool performance on the Solana blockchain.
Sonar Watch provides a comprehensive overview of a wallet or public address on the Solana Blockchain. Our goal is to present the user with the necessary metrics on a single page, allowing them to understand the current state of their portfolio. The tracker considers tokens, LPs, farms, and staking, all aggregated on a lightweight dashboard. We also support NFTs, as they can have monetary value.
The dashboard enables users to analyze their performance across different assets using historical charts on TVL, Supply, APR, and prices.
Answers
What Is SonarWatch?
SonarWatch is a tracking dashboard on the Solana blockchain that allows you to track all your assets on Solana DeFi and explore the ecosystem.
$SONAR is the utility token used to:
- Access PRO features on sonar.watch
- Reduce fees on every transaction made on sonar.watch
PRO features include:
- Token, pools, farms, staking & lending tracking
- Multi-wallet support
- Historical chart of your portfolio's value
- Floor price evaluation of your collection
- Currency selector
- Statistics on all assets (Price, APR, TVL, Supply)
- Top gainers and losers
- IL Calculator
- Eco-system overview
How many SONAR coins are in circulation?
There are 100 million SONAR tokens in circulation. The distribution is as follows:
- 40% for mining reserves, with 40% of the remaining reserve diluted each year
- 20% for the team (fully locked for 2 years)
- 20% for investors from the seed and private sale (locked for 1 year and vested over 6 months)
- 10% for the treasury/liquidity
- 5% for IDO/IEO
- 3% for marketing
- 2% for airdrops
At launch, 22 million tokens will be circulating, including 10 million from the treasury/liquidity, 5 million from IDO/IEO, and 7 million from other sources.
Who are the founders of SonarWatch?
The founders of SonarWatch are:
- Olivier - Lead developer with 6 years of experience as a full-stack web developer. He has focused on blockchain development with Ethereum and Solana in recent years. SonarWatch started as Olivier's personal project to track his funds on Solana DeFi and has now become the most widely used tracking tool on Solana.
- Guillaume - Works in Finance with 3 years of experience as a developer and project manager. He is responsible for project growth and evolution at Sonar.
- Victor - Community manager and head of marketing. He plays a key role in strategy and product direction to build a strong community and guide the tool in the right direction.
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