The Seeker team has unveiled its SKR token distribution plan as its allocation tracker goes live. They have confirmed that in excess of 1.8 billion tokens are to be dispensed in the Solana ecosystem airdrop.
Solana Airdrop Tracker Goes Live Ahead of January Distribution
Solana Mobile has just rolled out an update via X, indicating that the allocation tracker has gone live. Participants eligible for this event can now look at their Seed Vault wallets to see their prospective token rewards before they begin to distribute on January 21.
The airdrop will benefit a vast majority of the ecosystem. According to the development team, over 100,000 participants will collectively receive about 1.82 billion SKR. Additionally, 188 developers will benefit from over 141 million SKR for their contributions to app development within the mobile ecosystem.
The announcement ensures transparency in advance of the SKR token listing. This will enable participants to check allocations even before such tokens become transferable as part of the Solana users airdrop
The distribution is in line with Solana Mobile’s earlier announcement on plans to launch the token as the native cryptocurrency of its smartphone ecosystem. The created token is expected to facilitate mobile-friendly cryptocurrency applications.
In the existing allocation system, about two-thirds of the available supply is set to be allocated in the Solana airdrop. Those who are given priority in receiving benefits are those who are owners of Seeker phones, together with those who are active developers.
Solana Mobile will hold 15% of the total tokens, and Solana Labs will be allocated 10% of the tokens. Another 10% allocation has been planned for the community treasury.
SKR Token Staking Launches with Tiered Benefits for Seeker Users
The token holders will be able to stake their SKRs directly from the Seed Vault Wallet. Solana Mobile has also reaffirmed that token holders are able to accumulate staking rewards through its Guardian system of staking. An alternative web solution for staking is available as well.
A tier system is also established for the determination of the limits of individual rewards for device holders. The participants are eligible for a maximum of 750,000 SKR in the Solana community airdrop based on their level of involvement.
The incentives go from 5,000 SKRs at the initial level to much higher allocations for the premier participants. The program thus encourages individuals to learn about the
Apart from the reward and staking features, the SKR token has been designed to function as a governance token as well as a utility token. The holders of the token will be able to take part in decision-making, influence the rules of the platform, along with voting for platform upgrades in the mobile world.
Source: https://coingape.com/solana-airdrop-seeker-team-confirms-1-8b-skr-token-drop-for-users-heres-what-to-know/
