Solana Mobile Sets January 21 Launch Date for SKR Token with 20% Airdrop

TLDR

• Solana Mobile will launch its SKR token on January 21 at 2 AM UTC
• Up to 20% of total SKR supply will be airdropped to Seeker phone users and developers
• Users can delegate SKR tokens to “Guardians” who secure the network and verify devices
• The token will enable governance and provide access to exclusive in-app features
• Seeker phone has processed 9 million transactions and generated $2.6 billion in trading volume

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Solana Mobile announced Wednesday that its SKR token will launch on January 21 at 2 AM UTC. The company confirmed that up to 20% of the total token supply will be distributed to users of its Seeker smartphone through an airdrop.

The SKR token will serve as the governance and incentive layer for Solana Mobile’s ecosystem. A snapshot for the airdrop allocation has already been taken, according to the team’s announcement on X.

The total supply of SKR tokens is fixed at 10 billion. The 20% airdrop allocation is reserved for users and developers who meet eligibility requirements.

Token holders will be able to delegate their SKR to “Guardians.” These Guardians will be responsible for securing the Solana network, verifying devices, and curating the decentralized app store.

Users who delegate their tokens will earn rewards in return. They will also gain access to various exclusive features within the apps on the platform.

Solana Mobile general manager Emmett Hollyer said the token will give early supporters the opportunity to influence the platform’s success. This includes decisions about participation rules and economic flows.

The Seeker is Solana Mobile’s second blockchain-powered phone. It aims to bring decentralized apps, payments, and token ownership directly to users’ smartphones.

Solana Mobile launched the Seeker in August after discontinuing support for its first phone, the Saga, in October. The company ended software and security support for the Saga device.

The Seeker phone has shown stronger adoption than its predecessor. The device has processed 9 million transactions since its launch.

Users have generated $2.6 billion in trading volume through the Seeker phone. This activity occurred across 265 decentralized applications.

More than 100,000 users have engaged with the Seeker platform. The device appears to have found better market fit than the original Saga model.

The SKR token will enable governance features for the platform. Token holders will be able to participate in decisions about platform rules and operations.

The staking mechanism will allow users to earn passive rewards. Users must delegate their tokens to approved Guardians to receive these benefits.

Guardians will play a central role in maintaining platform security. They will also be involved in governance decisions that shape the ecosystem’s future.

The January 21 launch gives Seeker users a clear timeline for claiming their tokens. The team described the airdrop as the first step in distributing governance to the community.

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