By Isaac • November 5, 2026 3:10 pm •
Solana Mobile has turned part of its phone ecosystem revenue into an automatic token-reduction program—and it is already operating every day.
The company says its new SKR Buy and Burn Program had removed 1.2 million SKR from circulation by November 3. The program began running on October 15 and uses open-market purchases before sending the acquired tokens to be burned onchain.
SKR buy and burns are now live 🔥🔥🔥
The Buy and Burn Program purchases SKR on the open market and burns it each day 🧵 pic.twitter.com/evs5ZbNt2z
— Seeker | Solana Mobile (@solanamobile) November 3, 2026
According to Solana Mobile, the funding comes from two pieces of the Seeker economy: commissions earned by the Solana
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