What Is Tensor (TNSR)? Its History and Tokenomics

Bittime - Tensor (TNSR) is the primary governance token in the Tensor ecosystem, a Solana-based NFT marketplace that is now one of the largest NFT trading hubs.

This token is designed to give the community voting rights, provide transaction fee discounts, and strengthen the Tensor protocol's governance mechanisms.

The official contract address of the TNSR token on the Solana network is TNSRxcUxoT9xBG3de7PiJyTDYu7kskLqcpddxnEJAS6 as listed intokenomics documentation.

History and Launch of TNSR 

Tensor became known as an NFT marketplace in 2022, but the TNSR token was only officially released on April 8, 2024, by the Tensor Foundation.

This token launch marks the transition of protocol control to a community-based governance model.

Since the announcement, Tensor has solidified its vision as a professional NFT marketplace with a fully decentralized ecosystem.

Tokenomics Tensor (TNSR)

TNSR has a maximum supply of 1 billion tokens. Its distribution is structured to support long-term growth:

• 55% for the community, including the airdrop program
  
   
• 27% for core team and contributors
  
   
• 9% for investors and advisors
  
   
• 9% as development reserve fund
  Contributors and investors are subject to a 3-year vesting period, while a portion of the community allocation may flow into the incentive program without vesting.
  
   

Functions and Uses of TNSR

TNSR serves as the governance and utility core of the Tensor platform. TNSR holders can submit proposals, vote through Realms, and enjoy up to a 25% fee discount on NFT listings.

Additionally, a portion of the protocol's revenue is channeled directly to the TNSR treasury as an ecosystem development fund.

Tensor as the Driver of Solana NFTs

Tensor now commands a 60–70% share of NFT trading volume on Solana. This dominance is driven by professional trader-specific features like real-time analytics, bulk transactions, and the Solana network's ultra-fast performance.

Tensor's dominance makes TNSR one of the most relevant governance tokens in the Solana-based NFT sector.

Latest Ecosystem Acquisitions and Updates

The Tensor Foundation recently fully acquired the Tensor marketplace and the Tensorians NFT collection. The remaining 21.6% of unvested assets will be burned, while the remainder will be re-locked for three years.

This move strengthens TNSR's long-term value as marketplace revenue now goes directly into the TNSR community treasury.

Conclusion

Tensor (TNSR) isn't just a utility token, but a key pillar of governance at Solana's largest NFT exchange. The official TNSR token contract address is TNSRxcUxoT9xBG3de7PiJyTDYu7kskLqcpddxnEJAS6.

Furthermore, Tensor's robust governance features, fee reductions, and support for substantial trading volume make TNSR one of the most strategic tokens in the Solana ecosystem. While promising, holders should still be aware of governance risks and market volatility.

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FAQ

What is the official contract address of TNSR?

The TNSR token contract address on the Solana network is TNSRxcUxoT9xBG3de7PiJyTDYu7kskLqcpddxnEJAS6.

What are the main benefits of having a TNSR? 

Voting rights (governance), transaction fee discounts, and direct access to the growing treasury ecosystem.

What is the total supply of TNSR tokens? 

The maximum total supply of TNSR is 1,000,000,000 tokens.

What is the impact of the Tensor Marketplace acquisition? 

Marketplace revenue is directed entirely to the TNSR treasury and a number of unused tokens are burned, strengthening the long-term value of the token.