Solana Mobile Launches SKR Token for Seeker Users, Here’s How to Claim Airdrop

Varinder Singh
6 hours ago Updated 5 hours ago
Varinder Singh

Varinder Singh

Independent Sr. Journalist
Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
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Solana Mobile Launches SKR Token for Seeker Users, Here's How to Claim Airdrop

Highlights

  • Solana Mobile begins 2 billion SKR token airdrops to Seeker users and developers.
  • Users can claim their tokens from the Seed Vault Wallet on their Seeker smartphone.
  • SKR staking is live and users can unstake tokens following 48-hour cooldown period.
  • SKR price jumps more than 40% to trade near $0.0111.

Solana Mobile has officially launched its native SKR token, making the airdrop live for Seeker smartphone users and developers. This signifies a major breakthrough in integrating crypto incentives with mobile hardware adoption.

SKR token powers governance, staking, and app curation with early yields around 28% APY, with incentives aligned across builders, users, and hardware partners across the Solana Mobile ecosystem.

Solana Mobile Airdrops SKR Token for Seeker Users and Developers

Solana Mobile in an X post on January 21 announced that the SKR token is now live. Seeker users and developers can now claim their SKR token airdrop and earn rewards by staking their allocation.

The team will distribute nearly 2 billion SKR to users and developers, marking 20% of the total supply. Solana said the token will power the growth and coordination mechanism, including staking to Guardians, supporting builders, securing devices, and curating the dApp Store.

The team confirmed that the SKR value will gradually flow back to the community as the ecosystem scales. SKR is live on Solana as an SPL token.

“Seeker and SKR are a bet that there’s another way for mobile: that the people who use the network should own the network. Today, over 100,000 of you can claim your stake in that future.”

Solana Mobile Seeker Token Eligibility and Claims

As CoinGape reported earlier, SKR token will have total supply of 10 billion tokens. The allocation uses linear inflation to incentivize early participants who stake to secure the ecosystem and bootstrap platform growth.

Under the token’s allocation plan, 30% of the supply is earmarked for airdrops, including the initial distribution to eligible Seeker users and developers. Solana Mobile plans to airdrop nearly 2 billion SKR to users and developers.

All users who activated their Seeker Genesis Token before or during Season 1 are eligible for an allocation. A total of 1.819 billion SKR will be airdropped to 100,908 users across five allocation tiers for Season 1.

SKR Allocation Tiers
SKR Allocation Tiers. Source: Solana Mobile

To claim the SKR token airdrop, Seeker users can ‍‍go to Seed Vault Wallet’s Activity Tracking tab. Notably, users must have 0.015 SOL in the wallet to cover the transaction fee. It has a 90-day deadline to claim crypto airdrops.

Once claimed, users can immediately stake their SKR tokens for rewards, with 0% commission charged at launch. Users can unstake at any time with a 48-hour cooldown period.

SKR Token Price Action

SKR token is available on multiple exchanges and platforms including Kraken, Bybit, Gate, MEXC, Jupiter, and Phantom. To celebrate the launch, Solana-based Jupuiter announced a $50,000 SKR prize pool.

The price jumped more than 40%, currently trading at $0.0111. The 24-hour low and high are $0.00537 and $0.01294, respectively. Trading volume has increased by over 3000% over the last few hours, indicating interest among traders.

Also, SOL price saw a 2% rebound to $128.17, following a 6% drop in the past 24 hours. The intraday low and high were $125.67 and $132.98, with 78% increase in trading volume.

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About Author
About Author
Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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