- Solana Mobile launches SKR, distributing nearly two billion tokens to its community.
- Eligible Seeker users and developers can claim SKR tokens and stake to earn rewards.
- SKR token supports governance, staking, and incentives across the Solana Mobile ecosystem.
The SKR token is now live, marking a new phase for the Solana Mobile ecosystem as it pushes further into open, onchain mobile development.
The launch follows Seeker Season 1, a testing phase that saw hundreds of decentralised applications go live, millions of transactions processed, and billions of dollars in volume move through the Solana Mobile network. The season was built around the Seeker device and its native dApp Store, designed to give users and developers more control over mobile software and rewards.
Community Receives Majority of SKR Supply
According to Solana Mobile, nearly 2 billion SKR tokens are being distributed to the community as part of the launch. More than 100,000 users and 188 developers are eligible to claim tokens based on their participation in Seeker Season 1, either through regular device usage or by building and publishing apps.
Eligible users can claim their allocation through the Seed Vault Wallet on their Seeker device. Claims will remain open for 90 days, after which any unclaimed tokens will be returned to a future distribution pool.
What SKR is Used For
SKR is an SPL token on the Solana network. It is designed to play a central role in the Solana Mobile platform by supporting governance, staking rewards, and long-term incentive alignment between users, developers, reviewers, and hardware partners.
Once claimed, SKR can be staked to earn rewards. Staking rewards begin quickly, with inflation events occurring every 48 hours. At launch, staking carries 0% commission, and users can unstake their tokens with a short cooldown period.
Staked SKR is also used to delegate responsibilities to so-called “Guardians,” who help verify devices, review apps, and enforce ecosystem standards.
SKR Now Available Across the Ecosystem
SKR is live across the Solana ecosystem and can be accessed through wallets, decentralised exchanges, and supported trading platforms. Solana Mobile said further exchange availability updates will be shared over time.
Seeker Season 2 Begins
With the token launch complete, Seeker Season 2 is already underway. The new phase introduces additional apps, new reward programs, and early-access features across areas such as decentralised finance, gaming, payments, trading, and DePIN.
Activity tracking has resumed for Season 2, meaning users who stay active within the ecosystem may continue to qualify for future incentives.
Related: Chainlink Opens Door To $80T U.S. Stock Market On Blockchain With 24/5 Data
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
