Solana Cell ends Seeker Season 1, prepares to launch SKR token

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  • Solana Cell accomplished Seeker Season 1 with 265 dApps, 9 million transactions, and $2.6 billion in transaction quantity.
  • The corporate confirmed that SKR will launch on January twenty first with a hard and fast provide of 10 billion tokens.
  • 20% of SKR is reserved for airdrops to eligible customers and builders.

Solana Cell introduced that it has concluded the primary season of its Seeker program and the primary chapter of its mobile-centric Web3 technique because it prepares for the long-awaited launch of the SKR token later this month.

In line with the corporate, Seeker Season 1 introduced collectively over 265 decentralized functions, processed roughly 9 million transactions, engaged over 100,000 customers, and generated roughly $2.6 billion in on-chain quantity.

SKR Token Set for January twenty first

They revealed on Wednesday that SKR would turn out to be operational on January 21, confirming a schedule first outlined in December. In line with the corporate, the full provide of tokens might be mounted at SEK 10 billion.

Solana Cell stated in a publish on X that it’s already taking snapshots for an upcoming airdrop. Roughly 20% of the full provide is reserved for eligible customers and builders, with particulars of the allocation and billing course of to be introduced quickly.

“The SKR launch is focused for January 21 at 2:00 a.m. UTC (January 20, 9:00 p.m. ET). Keep tuned for additional particulars on airdrop allocation and the billing course of,” the corporate stated.

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Governance, incentives and distribution

Solana Cell stated SKR is designed to function a governance and incentive layer for an ecosystem centered round Seeker smartphones and decentralized app shops.

The whole provide of SKR is mounted at 10 billion tokens. A big portion is put aside for group participation, together with airdrops for customers and builders, and funding for progress and partnerships.

The remaining provide might be break up between 10% group vaults managed by way of Solana Cell, Solana Labs, liquidity wants, and governance.

Supply: Solana Cell

SKR holders can stake their tokens to a delegated group often known as “Guardians” who will take part in guaranteeing the platform is safe and shaping governance selections. Staking and governance options might be rolled out after the token launch.

Saga smartphone assist ended

Solana beforehand introduced that assist for its first-generation smartphone, Saga, has ended. Saga gadgets will now not obtain software program updates or safety patches, and buyer assist might be restricted.

Solana Cell says this transformation doesn’t have an effect on Seeker gadgets and they’re going to proceed to obtain updates and safety assist.

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