Solana Cell has revealed that it’ll function a “native token for the Solana Cell Economic system” on a seeker smartphone that includes a brand new token referred to as SKR. Announcement on Could twenty first.

The corporate has additionally confirmed that the smartphone will start transport on August 4th. Seeker is the second technology of SAGA smartphones launched in 2023, however there’s a distribution mannequin that invitations extra producers.

In line with the announcement, the Web3 Cell Flywheel is now turning on the decentralized financial system. This enables the unique Equipement producer to combine the Solana Cell software program stack with out paying the platform payment.

As soon as the primary manufacturing run is in circulation, the corporate plans to increase its platform to “extra units and extra producers.”

The announcement didn’t embrace particulars concerning retail costs, distribution companions, or provider preparations. Moreover, it’s unclear whether or not the SKR might be listed in central change at launch.

Token-based incentive construction

In line with the corporate, SKR serves a number of totally different functions. Builders obtain tokens for verified software exercise and generate all of the income by means of the software program.

In the meantime, customers can acquire SKR in change for in-app participation. SKR stability, id, and property could be saved domestically by means of Solana’s Seed Vault Key – Administration module.

Moreover, {hardware} suppliers might be given distribution incentives to put Solana firmware on their units, creating what the corporate calls the self-enhancing market loop.

Incentive Design follows a 2024 lesson wherein some Saga house owners earned token airdrops that exceeded the price of their smartphones.

Neither the put up nor the accompanying doc specify a set cap or ejection schedule for the SKR.

Stack verification by way of Teepin

Solana Cell has launched a trusted Execution Surroundings Platform Infrastructure Community (Teepin) to coordinate the multi-vendor smartphone fleet.

The structure combines three layers. The primary layer is {hardware} that protects the enclave, proves the integrity of the gadget, and proves the boot state. The second is the platform, an on-chain registry that validates the working programs that construct and distribute signed updates.

The ultimate layer is the community, a guardian cohort that information the Solana proofs and creates an audit path of software state and firmware variations.

In line with the corporate, Teepin removes its dependency on a central app retailer by linking set up permissions to proof of encryption. Machine house owners work together with distributed purposes by means of one-touch signatures, whereas builders push code on to customers with out evaluate delays.

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