What is Seeker (SKR)?

Seeker (SKR) is the crypto token behind Solana Mobile’s push into decentralized smartphones. It connects device verification, app curation, governance, and incentives into one system. Instead of a single company controlling an app store, SKR spreads that control across users, developers, and network operators. It’s an ambitious setup—and yes, very different from how mobile usually works.

So what does SKR actually do?

At its core, SKR is used for staking and governance. Holders delegate tokens to Guardians, who handle device verification and app approval, and earn rewards for securing the network. There’s also broader utility tied to real device usage. This isn’t a token that just sits in a wallet doing nothing—activity matters here.

How large is the supply, and how is it split?

SKR has a fixed supply of 10 billion tokens. About 30% went to airdrops, 25% is reserved for growth and partnerships, and 15% is allocated to the team. The remaining supply is split between the community treasury, Solana Labs, and liquidity & launch, each at 10%. The bias toward ecosystem distribution is pretty clear.

What should I know about vesting and unlocks?

A lot of SKR was liquid right away. Airdrops, liquidity, and the community treasury were fully unlocked at TGE. Growth and partnerships unlocked 28% initially, with the rest vesting linearly over 18 months. Team and Solana Labs tokens, by contrast, stayed locked at launch and vest slowly over 36 months after a cliff. That imbalance shaped early trading behavior.

Is SKR capped, or does inflation dilute holders?

The base supply is capped, but staking rewards introduce inflation. Early on, inflation is higher to bootstrap security and participation, then it tapers toward a much lower long-term rate. Early stakers benefit most. Long-term holders are betting that real usage keeps pace with new issuance. That’s the trade-off.

How did Seeker raise money without VC rounds?

There were no classic seed or Series A rounds. Instead, Seeker relied heavily on hardware sales and on allocating tokens for ecosystem growth. Infrastructure partners joined as Guardians rather than equity investors. It’s closer to a user-funded model than the venture-first approach most crypto projects take.

Why were airdrops such a big deal?

Airdrops weren’t a side feature—they were the main distribution channel. They account for 30% of total supply and were fully liquid at launch. Eligibility was tied to Seeker device ownership and on-chain activity, not just wallet snapshots. More campaigns are expected, but the initial one set the tone: use the network, get rewarded.

Where does SKR trade today?

SKR trades on both decentralized and centralized platforms, mostly via SKR/USDT pairs. You’ll find spot and futures markets across several venues, but liquidity isn’t evenly spread. A handful of exchanges dominate activity, which matters if you’re trading more than pocket change.

What are the risks people tend to underestimate?

Early unlocks created real sell pressure, and inflation adds steady dilution. Hardware adoption is another big unknown—smartphones are hard, even without crypto layered on top. Guardian decentralization is still a work in progress, and regulatory clarity around crypto-enabled devices isn’t guaranteed. SKR might work, but the risk shows up early, not quietly later.