Solana Mobile has confirmed the distribution of its new ecosystem token, SKR, via an airdrop scheduled for January 20. This distribution will be aimed at users of the Seeker smartphone (2nd generation) as well as developers of applications for this device. Owners of the previous model Saga phone will not be eligible, a choice that marks a transition to a new generation of hardware.
In brief
- 2 billion SKR tokens will be distributed to Seeker phone users and app developers.
- Saga phone owners will not receive SKR due to the end of software and security support, confirming the focus on the new device.
- Season 1 of Seeker saw over 9 million transactions and $2.6 billion in volume.
- Total procurement also includes allocations for liquidity, community funds, partnerships and future growth.
20% of the SKR offer reserved for Seeker users
On Wednesday, Solana Mobile announced that 20% of the total SKR supply, or 2 billion tokens, will be allocated to the Seeker community: users and developers. A post on A representative confirmed that Saga phones are not affected by this airdrop.
SKR is designed to function as both a governance token and an ecosystem token for Solana Mobile. General Manager Emmett Hollyer indicated that holders will be able to influence the rules of the platformstandards of participation, as well as economic activity. Solana Mobile specifies that a snapshot of Seeker device activity was taken before the token was launched, thereby locking in eligibility.
Seeker Season 1 activity has been strong since global shipping began in August. More than 9 million transactions were recorded, for a total volume of $2.6 billion. Season 2 began this week, with more details to come.
Key facts about the SKR airdrop and token structure include:
- 2 billion SKR allocated to Seeker users and developers.
- 30% of the total offer reserved for airdrop programs.
- Snapshot of the Seeker activity already carried out.
- Exclusion of Saga phonesfollowing the end of software support.
- Start of complaints : January 20 at 9:00 p.m. ET.
Solana Mobile Seeker hits 150,000 pre-orders, while Saga phones lose support
Beyond the airdrop, 2.7 billion SKR tokens will be issued during the token generation event. This allocation includes 1 billion dedicated to liquidity, 1 billion for the community treasury and 700 million intended for growth and partnerships. Additionally, an additional 1.8 billion tokens will be released gradually to support long-term expansion efforts.
Solana Mobile has indicated that its long-term ambition is to build a mobile gateway to the crypto markets that is both secure and easy to access. Hollyer presented SKR as a key step in building an open mobile ecosystem, intended to sustainably support developers, users and devices.
Our plans haven't changed: we're building the easiest, safest way to participate in the internet capital markets from the supercomputer in your pocket. SKR is a crucial step on the path to an open ecosystem that will welcome more devices, more developers and more users.
Emmett Holly
More than 150,000 Seeker phones have been pre-ordered, building on the excitement generated by the first Solana Saga device. The Seeker is currently priced at $500. Support for the Saga ended in October, with the cessation of software updates and security patches, which explains its exclusion from the SKR airdrop.
Separately, Cardano founder Charles Hoskinson recently opined that Solana has a short-term advantage over Ethereum, thanks to faster updates. Cardano and Solana also announced cross-chain bridge projects, intended to improve liquidity and interoperability between their networks.
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