Seeker customers get 90 days to say SKR earlier than unclaimed tokens return to Solana Cell’s airdrop pool after the April deadline.
Solana Cell has lastly launched the much-anticipated SKR, the native token of its Seeker smartphone ecosystem. The distribution went reside on Tuesday at 9:00 pm ET.
It permits eligible Seeker customers to say and optionally stake their allocations by means of the Seed Vault Pockets’s Exercise Monitoring tab, with a small SOL stability required to finish the transaction.
SKR Arrives on Solana
Customers have a 90-day window to say, after which unclaimed tokens might be returned to the airdrop pool following April 20. Builders who shipped qualifying purposes to the Solana dApp Retailer throughout Seeker Season 1 are additionally eligible to say allocations through the Publishing Portal.
The announcement learn,
“Seeker and SKR are a wager that there is one other manner for cellular: that the individuals who use the community ought to personal the community. At this time, over 100,000 of you’ll be able to declare your stake in that future.”
SKR is issued as an SPL token on Solana and helps Seeker, Solana Cell’s second-generation Web3 machine platform, which is positioned as a successor to the sooner Saga cellphone.
Tokenomics
The token has a hard and fast whole provide of 10 billion. 30% have been allotted to airdrops for customers and builders, 25% put aside for ecosystem development and partnerships, and 10% reserved for liquidity and launch-related wants.
An extra 10% is designated for a neighborhood treasury, whereas Solana Cell and Solana Labs obtain 15% and 10%, respectively. Solana Cell decided which customers would obtain SKR based mostly on verified exercise recorded from their Seeker units and apps.
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SKR is designed to assist governance and staking throughout the ecosystem. It can allow holders to delegate tokens, earn rewards, and take part in selections associated to platform economics and initiatives. The token’s official web site revealed that it employs a linear inflation mannequin, beginning at 10% within the first 12 months and declining yearly by 25% till stabilizing at a terminal fee of two%, as Seeker Season 2 begins with expanded apps, rewards, and exercise monitoring.
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