Solana
Mobile plans to release its new SKR token on January 21, with users of the Solana Seeker smartphone eligible to receive up to 20% of the supply through an airdrop.
According to the company, the launch will take place at 2 AM UTC. After the release, users can delegate their SKR tokens to “Guardians”.
These Guardians will help protect the Solana network, verify devices, and manage the decentralized app (dApp) store linked to the Seeker phone. In return, users who delegate tokens will earn rewards and gain access to special in-app features.
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Solana Mobile’s general manager, Emmett Hollyer, said:
SKR will give all of the people who have gotten us to this point the opportunity to influence the success of this platform: who can participate, what rules they follow, and what economic flows keep it going.
Information on Solana Mobile’s website shows that 30% of airdropped tokens will be available at launch. Of that, two-thirds will go to Seeker phone owners and developers.
In total, there will be 10 billion SKR tokens. Around 2.7 billion (or 27%) will be unlocked during the token generation event. From this amount, 1 billion tokens will go to the community treasury, another 1 billion to liquidity, and 700 million to support growth and partnerships.
Recently, Lighter, a decentralized exchange (DEX) that focuses on perpetual trading, received mixed reactions after sharing details about its new token, the Lighter Infrastructure Token (LIT). What happened? Read the full story.
