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Solana Mobile says SKR buyback and burn has destroyed 1.2m tokens

NewsFeeds update

Solana Mobile says its SKR buyback and burn programme, running since 15 October 2026, has destroyed 1.2m SKR. It says part of its revenue, including from validators, Seed Vault swaps and the USDC Earn Vault, funds on-chain purchases that are burned, with no payout to holders or stakers.

AltcoinsPANewsAIBullish

Read the original on PANews

The story so far: Solana Mobile SKR buyback and burn

Seeker, the Solana mobile ecosystem, said its SKR buyback and burn programme went live, buying SKR on the open market and burning it daily. Solana Mobile says the programme, running since 15 October 2026, has destroyed 1.2m SKR, funded by revenue including validators, Seed Vault swaps and the USDC Earn Vault.

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  1. Seeker says daily SKR buyback and burn programme is live

  2. Solana Mobile says SKR buyback and burn has destroyed 1.2m tokens

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