The Sonar Platform Review: An Ecosystem Using Crypto Tools, Analysis, and Tracking to Assist Crypto and Defi Investors Make Informed Decisions
Crypto currency excitement has gone viral. Most people have used or heard of crypto money as an investment. Aside from banking, block chain technology has helped solve many other challenges that people face today. However, every technological breakthrough may be misused, and many individuals have been robbed of large quantities of money in recent years. Despite the benefits of blockchain and crypto currency, two issues remain.
1. The first issue is the recent surge in interest in crypto currencies and DEFI. But for those new to crypto and DEFI platforms, they don’t offer tools, excellent management analyses, or trustworthy advice on respectable projects to invest in.
2. Most people rely on chart analysts to forecast wether the rate of a crypto or defi token will rise or fall. However, most of these predictions are inaccurate, and those making them may be paid to promote a project. People might also watch chart patterns, establish price alerts and implement them.
What is Sonar?
Let’s take a basic example to illustrate the Sonar ecosystem’s goals. It used to be that to light, calculate, and phone were all required items. Today’s smart phones can do these three things and more. Consider what new and veteran crypto traders encounter when trying to acquire a coin or track its price. Instead, why not use automated software?
The Sonar platform aims to assist investors avoid common Defi and crypto scams and make educated selections based on their knowledge of various projects.
Benefits and Features of Sonar for Investors.
Price data collection
The overall crypto sector would be analysed using data from both decentralised and controlled exchanges globally.
The order book statistics for crypto currencies on these sites would also be included. Such as Twitter and Reddit, data and information may be obtained from social media platforms that have a big audience that debate crypto and block chain related subjects. The most talked about currencies on these platforms reflect the amount of interest in them. The tokens would be distributed to Sonar users. Investors would be alerted of tokens that look to have an influencer supporting them. The obtained raw data will be analysed and made available to Sonar’s ecosystem.
Traders will be alerted promptly of price changes, new exchange listings, and suspected platform hacks. Social media posts regarding the project will also be noted. Contract vetting and audits would verify with source in order to offer a visible score on the Sonar platform.
Locked Liquidity : To maintain seamless platform operations, liquidity lockers will be utilised to lock Sonar Token ($PING) liquidity.
Transparent Wallet Tracking: To ensure that monies in the developer wallet are not mishandled, all Sonar users may view the wallet’s data, including transactions.
Investor alerts:
An typical investor could miss a good investment opportunity, but Sonar users are informed before it happens (this feature though is expected to be available soon on Sonar sometime in the future).
Trade Executions: This upcoming feature will allow customers to accomplish the following:
1. Direct trade execution using Sonar’s built-in AMM.
The ability to design and execute sophisticated trade capabilities such as trailing profit/loss operations.
3. It would enable users to trade assets across various blockchain technology providers and facilitate new or upcoming blockchain trading integration.
4. It allows cross-chain wallet functionality with real profit monitoring for Sonar and non-Sonar coins.
Users of the Sonar platform will be able to download mobile apps for iOS and Android devices, as illustrated below.
Holders of Sonar Tokens: The Sonar team has supplied estimated burns during particular growth phases of the platform. This technique helps to protect against downward price action and ensures that the $PING token increases in value through different deflationary processes.
Contact With Us:
Website: https://www.sonarplatform.io
Whitepaper : https://www.canva.com/design/DAEggRStH8k/ErZxJ9RjGXLv4JYE2wzqow/view
Twitter: https://twitter.com/SonarToken
Facebook: https://www.facebook.com/S0NARPLATFORM
Telegram: https://t.me/sonar_official
Medium : https://sonar-official.medium.com
Discord : https://discord.com/invite/7kuNHxZeCP
Instagram : https://www.instagram.com/sonar_token
Reddit: https://www.reddit.com/r/SonarPlatform
Tiktok: https://www.tiktok.com/@sonar_token?
Authorship:
BEP20 (BSC) Wallet address: 0xE69507E6F3eDAa7d97FEF403Cd87574ed4eff602
Telegram Username: @bristysaha
Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5348863.msg57539203#msg57539203
Forum Username: nerobmon130
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2578561
