Solana will launch the native token that is tied to the latest model of its mobile phone, Seeker at the beginning of 2026. The coin is expected to become the governance token for the mobile ecosystem of the company.
Solana Mobile has announced that it will be launching a new X-post on Wednesday. “SKR” The total token supply will be 10 billion, of which 30% are allocated to airdrops while 25% is reserved for partnerships and growth.
A further 10% of token supply is for liquid assets, another 10% will go to a community treasure, and the remaining 10% goes to Solana Mobile, which owns the mobile division.
Solana Mobile said in May It announced that the SKR token would be launched on its Seeker smartphone which was pre-loaded in crypto features. “actual ownership in the platform.”
Shared that tokens would be used by the company “linear inflation to incentivize early participants” It is not known who will bet on it but the Solana Breakpoint Conference, taking place between Dec.11 and 13, would see a larger share of the token.
Solana Mobile aims to grow ecosystem with SKR
Solana Mobile’s key selling points initially marketed for the Seeker Its decentralized app store (DApp), which hosts over 100 Solana-based DApps As the company looked to expand its business beyond just the phone, “rewards magnet” Like its first variant the Saga.
It has been a success in some ways, but it is not without its flaws. teething issues since launchSolana Mobile announced that it will use the SKR to bolster its DApp Store and the ecosystem around the device.
Solana Mobile has also been announced along with the SKR announcement. “guardians,” What will you do? “validate trust” Its entire phone ecosystem.
“At launch, SKR serves as a growth and coordination mechanism: stake to Guardians, support builders, secure devices, curate the DApp Store,” Solana Mobile said. “As the ecosystem scales, SKR ensures its value flows back to the community that powers it.”
Related: Solana onchain flows flag notable supply shift as SOL trades near key support
On the end user’s side, SKR users will have the opportunity to receive rewards for staking assets with guardians. Solana Mobile, Helius Labs and Double Zero will all join the guardians later in 2020.
“Guardians verify device authenticity, review DApp submissions, and enforce community standards,” The post states:
It is interesting that the news was released at the same time as a slight increase in Solana’s price.SOLBefore the announcement, the price was around $140. The price is currently $145.68, an increase of 5.4% in the last 24 hours.
Magazine: Solana Seeker review: Is the $500 crypto phone worth it?
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Source: cointelegraph.com
