This structure aims to jumpstart early participation through staking rewards while maintaining long-term predictability as the network matures.
Solana News
The company behind Solana's crypto smartphone revealed Wednesday that it will introduce a native token next month designed to power its mobile ecosystem through staking rewards and governance rights.
SKR will debut in January 2026 with 10 billion tokens in total supply, according to Solana Mobile's announcement on X. The allocation heavily favors users and ecosystem development, with 30% reserved for airdrops to Seeker device owners and active app users.
Growth initiatives and partnerships will receive 25% of the supply, while liquidity support and launch activities get 10%. A community treasury controls another 10%, with the remaining tokens split between Solana Mobile at 15% and Solana Labs at 10%.
The token incorporates an inflation schedule that starts at 10% in year one, then decreases by 25% annually until reaching a permanent 2% rate. This structure aims to jumpstart early participation through staking rewards while maintaining long-term predictability as the network matures.
Solana Mobile launched the Seeker smartphone in August, reporting 150,000 preorders with tens of thousands of units already shipped to buyers across more than 50 countries. The Android device comes preloaded with blockchain features, including Seed Vault security storage, a dedicated DApp store, and a Genesis Token that provides early access to new applications.
Solana Labs co-founder Anatoly Yakovenko responded to the announcement by noting it only takes 10 years to build an ecosystem, referencing the long development timeline from Solana's inception to this mobile token launch.
Additional details about SKR's vision and implementation will be shared at the Breakpoint 2025 conference in Abu Dhabi from Dec. 11-13. The token represents Solana Mobile's attempt to create economic incentives that tie users, developers, and device owners together through shared ownership of the platform's success.
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