🔮Introducing Sonata Network
Last updated
Last updated
Welcome to the Sonata Network Documentation. Be sure to follow us on Twitter to keep up the date, as well as join our Telegram Community to communicate with the team. Please read our disclaimer before swapping or acquiring any $SONA tokens.
Sonata is an open decentralized launchpad protocol, service provider, and pioneer of niche liquidity lending. It allows anyone to create and launch their own tokens/presales without the need for technical knowledge.
The network also aims to become a leading provider in decentralized services, ranging from marketing to development.
— Sonata will implement a marketing component that can help you launch and promote your new token. Simply apply to get started!
In future versions of our web application, holders of our token can stake within our various farms to earn yield on their tokens. $SONA holders will also be able to lend their coins out to developers, providing liquidity to newly created tokens and earns a passive % of trading fees virtually risk free.
Sonata Network has acquired Opera Protocol.
Sonata makes it easier, cheaper, and faster to launch token presales and raise capital across multiple blockchains. Building off of what our team created with Opera, Sonata has new capabilities and offerings to bring to the table. Borrowers (Developers) can come in and have the cost of adding liquidity to their LP cut to virtually zero, because they are borrowing that ETH from our DAO to use in their token. They don't have to worry about locking up tokens to facilitate trading for months, only to find their token didn't do as well as they anticipated. All they have to do is pay for gas. 🙌 Lenders (Stakers) are happy because they can lend their ETH to the pool and enjoy collecting an upfront premium paid by developers to gain access to capital via Opera. Also, each deployed token that utilizes Opera liquidity has a small transaction tax that goes to lenders as an added incentive.
We've put together some helpful guides for you to get setup with our products quickly and easily.