In short
Solana Cellular will conduct its SKR token airdrop on January 20.
The preliminary airdrop will present 20% of the availability, or 2 billion SKR tokens, to Seeker cellphone customers and app builders.
Customers of the sooner Solana Saga smartphone aren’t eligible for the SKR airdrop.
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. Nevertheless, customers of the sooner Solana Saga cellphone will not be eligible for the brand new token drop, a Solana Cellular rep confirmed to Decrypt.
Whereas an official X publish from Solana Cellular mentioned the airdrop will happen on January 21 within the UTC time zone, a screenshot within the thread reveals 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 purposes for the crypto-focused cell gadget. Total, 30% of the entire 10 billion SKR tokens have been put aside for airdrop incentives.
“SKR will give all the individuals who have gotten us up to now 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.”
Extra 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 mentioned {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 transport globally in August. Season 2 started on Wednesday, with extra particulars anticipated concerning the season on Thursday.
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Past the airdropped tokens, a further 2.7 billion SKR, or 27% of the entire provide, will probably be unlocked throughout the token era occasion on January 20—1 billion tokens every for liquidity and the group treasury, and 700 million for progress and partnerships. An extra 1.8 billion SKR will unlock linearly to assist progress initiatives sooner or later, in response to the tokenomics breakdown.
“Our plans haven’t modified: we’re constructing the best, most safe technique 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 may carry on extra units, extra builders, and extra customers.”
Greater than 150,000 Seeker units had been pre-ordered by crypto customers following the rollout of Solana Cellular’s first-generation Android gadget, the Solana Saga. The Seeker sells for $500.
The Saga, which generated buzz for the frenzy of airdrops hooked up to the cellphone, misplaced assist for software program updates and safety patches in October. That lack of assist additionally applies to the SKR airdrop.
“Saga customers won’t be accounted for within the SKR airdrop,” a rep advised Decrypt.
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