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Seeker Phone Owners to Claim 20% in Solana’s SKR Token Launch

Key Takeaways

  • Solana Mobile will launch the SKR token on January 21, which offers Seeker smartphone users up to 20% of the supply via airdrop;
  • Users can delegate SKR to Guardians, who secure the network and manage the Seeker app store, earning rewards in return;
  • Of 10 billion SKR tokens, 27% unlock at launch, funding community, liquidity, and growth, with 25% reserved for teams.

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Seeker Phone Owners to Claim 20% in Solana’s SKR Token Launch

Solana SOL $138.67 Mobile plans to release its new SKR token on January 21, with users of the Solana Seeker smartphone eligible to receive up to 20% of the supply through an airdrop.

According to the company, the launch will take place at 2 AM UTC. After the release, users can delegate their SKR tokens to "Guardians".

These Guardians will help protect the Solana network, verify devices, and manage the decentralized app (dApp) store linked to the Seeker phone. In return, users who delegate tokens will earn rewards and gain access to special in-app features.

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Solana Mobile’s general manager, Emmett Hollyer, said:

SKR will give all of the people who have gotten us to this point the opportunity to influence the success of this platform: who can participate, what rules they follow, and what economic flows keep it going.

Information on Solana Mobile’s website shows that 30% of airdropped tokens will be available at launch. Of that, two-thirds will go to Seeker phone owners and developers.

In total, there will be 10 billion SKR tokens. Around 2.7 billion (or 27%) will be unlocked during the token generation event. From this amount, 1 billion tokens will go to the community treasury, another 1 billion to liquidity, and 700 million to support growth and partnerships.

Recently, Lighter, a decentralized exchange (DEX) that focuses on perpetual trading, received mixed reactions after sharing details about its new token, the Lighter Infrastructure Token (LIT). What happened? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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