HALF-CIRCULATION, FOUR-FOLD UPLINE, DECRYPTING SKR'S "MODE."
Author: Sanqing, Foresight News
On January 21, Solana Mobile officially distributed an ecological token SKR airdrop to Seeker mobile phone users and eco developers. This time, nearly 2 billion coins were distributed, about 20 per cent of the total supply (10 billion). At the same time, SKR tokens have been opened to DEX on centralised exchanges such as Coinbase, Bitget, Bybit and the Solana chain. The next day, Hyperliquid entered the 3-fold-leveraging SKR contract, Bithumb announced that the SKR Korean dollar deal would go online。
THE VALUE OF THIS AIR DROP IS HIGH, AT A CURRENT PRICE OF ABOUT 0.04 USDST, AND 750,000 TOKENS WORTH ABOUT $30,000 ARE AVAILABLE TO SOME DEVELOPERS AND TOP-LEVEL USERS; 125,000 (APPROXIMATELY US$ 5,000), 40,000 (APPROXIMATELY US$ 1,600), 10,000 (APPROXIMATELY US$ 400) AND 5,000 (APPROXIMATELY US$ 200) WILL BE AVAILABLE THEREAFTER。
According to Bitget market data, prices after SKR went online experienced a short round of hours, and then began to rise at 2 a.m. today, reaching a peak of 0.0615552 USDT, with a market value of over $300 million and an increase of over 350 per cent 24 hours。
Hardware narrative: electronics for gold shovels
Solana Seeker, the second generation of Web3 smartphones after Saga, aims to break the current centralized market pattern for mobile applications by building open mobile platforms。
The device is a hardware-grade security protection mechanism called "SeedVault" and carries a zero-cost dApp store to lower the developers' threshold and secure user assets。
At present, Seeker official disclosures have recorded more than 150,000 reservations and activations. But we need to be honest: is this 150,000 users really using a Web3 phone
The vast majority of orders are driven by the myth of wealth that Saga used to bring with her mobile phone. The user bought not a mobile phone, but an expected gold shovel。
This is also confirmed by this air-dropping mechanism: 750,000 SKRs are available to top-level "Sovereign" users and 5,000 to base-level "Scout" users。
AS A MOBILE PHONE, IT FACES THE DOWNSIDE OF MAINSTREAM MOBILE PHONES; AS A MINER, ITS RETURN CYCLE DEPENDS ENTIRELY ON SKR ' S SECONDARY MARKET PERFORMANCE。
Currency model: masking missing utility with a "collateral pledge"
In terms of distribution, 30 per cent of the coins were allocated to airdrops (Season 1 has distributed about 20 per cent), 25 per cent to eco-growth and partnership incentives, 10 per cent to community vaults, and the remainder to Solana Mobile (15 per cent), Solana Labs (10 per cent) and liquidity start (10 per cent)。
THE TOTAL SUPPLY OF SKR COINS IS FIXED AT 10 BILLION, AND THE CURRENT MARKET IS ABOUT 5.7 BILLION. IT SEEMS TO BE DECENTRALISED, BUT IT IS IN FACT A WELL-DESIGNED "MODERATE" BY THE PROJECTER。
HOW TO PREVENT MASSIVE AIR DROPS? THE ANSWER IS TO MAKE YOU PLEDGE. ACCORDING TO SKR PLEDGE PAGE DATA, THE TOTAL NUMBER OF SKR PLEDGES HAS REACHED APPROXIMATELY 3.8 BILLION。
SKR SETS A HIGH INFLATION RATE OF 10% FOR THE FIRST YEAR, THEN DECREASES BY 25% ANNUALLY UNTIL IT STABILIZES AT 2%. THAT MEANS THAT IF YOU HOLD SKR WITHOUT PLEDGE, THE CHIPS IN YOUR HAND WILL BE DILUTED. IN ORDER TO COUNTER INFLATION, HOLDERS WERE FORCED TO LOCK THEIR TOKENS INTO PLEDGE CONTRACTS。
CURRENTLY SKR PLEDGES ABOUT 23.9% ASY AND REWARDS AUTOMATIC COMPOUND INTEREST PER 48 HOURS. ALTHOUGH THE RELEASE OF THE PLEDGE REQUIRED A 48-HOUR COOLING PERIOD, THE HIGH-INFLATION + HIGH-INCOME COMBINATION OF PUNCHES SUCCEEDED IN RE-LOCKING LARGE AMOUNTS OF LIQUIDITY BACK INTO THE CHAIN。
IF YOU HAVE A SKR IN THE 48-HOUR FORECLOSURE COOLING PERIOD, IF YOU WANT TO REDEEM ANOTHER FUND, THE SYSTEM WILL FORCE THE TWO FUNDS TO BE COMBINED AND RECALCULATE THE 48-HOUR COOLING TIME。
THE STATE OF ECOLOGY. WHAT ELSE CAN SKR DO
At the end of Season 1, Seeker declared that it had gone online over 265 dApps, resulting in 9 million transactions and $2.6 billion. And Season 2 offers multiple pathways from governance engagement to application, in addition to the proceeds of the pledge。
But these "governance effectiveness" and "ecological participation" are particularly pale at this stage。
The official claims that the holder can participate in the development and application of the rules of the dApp shop through pledge. In the case of the diaspora, however, such governance cannot be fed or generate cash flows to buy back。
And at this stage, Solana Mobile is the only active Guardian, and at this stage the SKR pledge is more like giving money to official custody。
Season 2 has several applications on the line, but so-called empowerment is mostly forced linkages. Helium Mobile provides free services in the U.S. for three months; Backpack provides up to $1,000 in transaction charges; Parallel Colony provides early experience for the AI game; and Ap Pay offers some card opening incentives and credit additions。
These interests, though good, do not create a rigid consumption scene for SKR. There are currently no large-scale combustion mechanisms and no core functions that SKR is required to use. Users flush dogs on Dev.fun, sweep whiskey on Bacus, and do not rely on SKR per se。
The Seaker (Solana Mobile) team used SKR's pull effect and high ASY pledge to force the "window period". During this window, as long as the price is holding, the pledge proceeds win inflation, and the holder locks in。
But in the long run, if Seeker’s ecology does not emerge from a “killer-level application” that really gives SKR an application, SKR may face a dramatic return of value when the pledge is unlocked and inflation accumulates. The current SKR, which sells, also pulls, except for "landing"。
FINALLY, ALTHOUGH SKR STILL HAS A STRONG MARKETING COLOUR, EVEN ITS PLEDGE MECHANISMS APPEAR TO BE SLIGHTLY "THE CHICKENS" BECAUSE OF THE DETAILS OF THE COOLING PERIOD REPLACEMENT. BUT IN THIS HIGHLY REALISTIC MARKET ENVIRONMENT, EVEN A MORE AMBITIOUS TECHNOLOGICAL VISION IS OFTEN LESS LIKELY THAN AN ONGOING K-LINE. FOR THE PARTICIPANTS, THE CURRENCY THAT MAKES MONEY IS THE BEST IN THE MOMENT。
Foresight News suggests that the price of the new currency is volatile, and investors are invited to sacrifice their personal assets, carefully assess and participate rationally。
