Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners

Solana Cellular will airdrop its new SKR token to Seeker smartphone customers and builders in its cell ecosystem on January 20, it introduced on Wednesday. Nonetheless, customers of the sooner Solana Saga phone will not be eligible for the brand new token drop, a Solana Cellular rep confirmed to Decrypt.

Whereas an official X post from Solana Cellular stated the airdrop will happen on January 21 within the UTC time zone, a screenshot within the thread exhibits that the airdrop declare will happen at 9pm ET on January 20.

The airdrop will grant 20% or 2 billion unlocked SKR tokens to holders of the second era Solana Cell phone, the Seeker, and builders of functions for the crypto-focused cell machine. General, 30% of the overall 10 billion SKR tokens have been put aside for airdrop incentives.

“SKR will give the entire individuals who have gotten us so far the chance to affect the success of this platform: who can take part, what guidelines they comply with, and what financial flows maintain it going,” Solana Cellular GM Emmett Hollyer posted on X. “This airdrop is step one.” 

Further particulars concerning the airdrop declare and allocation course of are anticipated within the close to future, however the cell arm of the speedy layer-1 community stated {that a} snapshot of exercise on Seeker units has already been taken prematurely of the token launch.

That exercise has spanned greater than 9 million transactions and $2.6 billion in transactional quantity as a part of “Seeker Season 1” since units began delivery globally in August. Season 2 started on Wednesday, with extra particulars anticipated concerning the season on Thursday. 

Past the airdropped tokens, a further 2.7 billion SKR, or 27% of the overall provide, will probably be unlocked in the course of the token era occasion on January 20—1 billion tokens every for liquidity and the neighborhood treasury, and 700 million for development and partnerships. An additional 1.8 billion SKR will unlock linearly to help development initiatives sooner or later, based on the tokenomics breakdown.

“Our plans haven’t modified: we’re constructing the simplest, most safe strategy to take part in web capital markets from the supercomputer in your pocket,” Hollyer posted. “SKR is a essential step on the trail to an open ecosystem that can carry on extra units, extra builders, and extra customers.”

Greater than 150,000 Seeker units have been pre-ordered by crypto customers following the rollout of Solana Cellular’s first-generation Android machine, the Solana Saga. The Seeker sells for $500.

The Saga, which generated buzz for the frenzy of airdrops attached to the phone, misplaced help for software updates and security patches in October. That lack of help additionally applies to the SKR airdrop.

“Saga customers won’t be accounted for within the SKR airdrop,” a rep instructed Decrypt.