👥Understanding Multiple Sellers
When engaging with Sonar Trade, it's possible for multiple users to sell the same token simultaneously. This section explains how Sonar Trade handles such scenarios to ensure fair and efficient selling processes for all involved.
Unified Sell Percentage (Weight)
In cases where multiple users have set strategies to sell the same token, Sonar Trade harmonizes the selling action by adopting the highest sell percentage among all active strategies. This means if one user sets a sell weight of 30% and another sets it at 20%, all sales will proceed at the 30% weight. This approach prevents market disruption and ensures a balanced selling impact.
Minimum Market Cap Threshold
Each user can set a minimum market cap (MC) limit for their selling activity. This threshold ensures that sells are only executed if the token's market cap is above the specified limit, allowing users to manage risk and potential profit.
If multiple users are selling the same token with different MC thresholds, the system dynamically adjusts to these thresholds. For example:
If the market cap is above all set thresholds, all users participate in the sells, splitting profits based on either an equal or weighted distribution of tokens being sold.
If the market cap falls below the highest threshold but remains above others, only the users with lower thresholds continue selling, with profits distributed among them accordingly.
This method guarantees that sells are only executed in favorable market conditions, as defined by the sellers, and aligns selling strategies among users to maintain market stability.
Profit Distribution
The distribution of profits from sells made under these conditions can either be split equally among all active sellers or weighted based on the amount of tokens each seller is contributing to the sale. The decision on distribution method is designed to reflect the fairest approach, taking into consideration the collective impact on the token's market performance.
This collaborative mechanism of selling ensures that while individual user preferences for sell weight and MC thresholds are respected, the collective action is optimized for the best possible outcome for all parties involved, including broader market stability.