Question 1

What is Tensor (TNSR)?

Accepted Answer

Tensor (TNSR) is the governance token for the Tensor protocol ecosystem, a suite of decentralised trading protocols for non-fungible tokens (NFTs) built on the Solana blockchain. These protocols, managed by the Tensor Foundation, are designed to facilitate efficient and permissionless trading of NFTs with low fees, leveraging Solana's high throughput and speed. Tensor’s ecosystem includes several protocols for NFT trading, including Tensor Marketplace, a decentralised marketplace for buying and selling NFTs; Tensor AMM (Automated Market Maker), which allows for automated, permissionless NFT trading; Tensor Price Lock, an advanced protocol within the marketplace and AMM for specific price lock trades; Tensor Escrow, which handles fund escrowing across the ecosystem; and Tensor Whitelist, managing whitelisting of specific NFT collections.

The TNSR token is also involved in governance, giving holders the ability to influence protocol decisions and modify trading fees. Additionally, TNSR can be used to receive discounts on trading fees within the Tensor ecosystem.

Question 2

What is Tensor (TNSR) used for?

Accepted Answer

Tensor (TNSR) serves several functions within the Tensor ecosystem:

Question 3

# Governance:

Accepted Answer

TNSR is the primary governance token, enabling holders to propose and vote on Tensor Improvement Proposals (TIPs). These proposals fall under three categories:

* **Protocol:** Changes to trading fee structures or fee splits between protocols and front-end platforms.
* **Process:** Adjustments to governance rules or decision-making procedures within Tensor DAO.
* **Operations:** Initiatives for branding, marketing, and community growth.

Governance proposals are discussed on a dedicated forum before voting on Realms (a Solana-based DAO platform), followed by review by a security council for final execution. Proposals need 10 million TNSR votes to pass and are subject to a cool-off period to allow changes to votes before finalisation.

Question 4

# Trading Discounts:

Accepted Answer

TNSR provides users with a 25% reduction in protocol fees when listings are created with TNSR, incentivising its use for trading.

Question 5

# Ecosystem Development:

Accepted Answer

TNSR holders control the token supply and can vote on inflation rates if necessary to replenish the community treasury.

Question 6

Who created Tensor (TNSR)?

Accepted Answer

Tensor was founded by Ilja Moisejevs and Richard Wu. Ilja Moisejevs serves as CEO, and Richard Wu as CTO. The project began as a tool for NFT price discovery and data aggregation on Solana, later expanding into a full NFT trading platform. Tensor’s founders built the platform with a focus on leveraging Solana's low transaction fees and high-speed blockchain infrastructure, which they saw as ideal for enabling high-volume, cost-effective NFT trading. Both Moisejevs and Wu bring strong technical backgrounds to Tensor; they have prior experience with trading infrastructure and large-scale data systems, which has been central to Tensor’s development and rapid growth.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	TNSR-USDT TNSRUSDT	binance	AA	0.03300USDT	-2.08%	11,754,702.60TNSR	7,209	0.03370USDT	0.03460USDT
2	TNSR-TRY TNSRTRY	binance	AA	1.61TRY	-1.83%	11,290,673.60TNSR	1,854	1.64TRY	1.69TRY
3	TNSR-USDT TNSR-USDT	okex	A	0.03297USDT	-2.20%	4,653,876.76TNSR	4,242	0.03370USDT	0.03461USDT
4	TNSR-USDT TNSR_USDT	whitebit	BB	0.03300USDT	-2.37%	4,045,268.80TNSR	7,634	0.03379USDT	0.03479USDT
5	TNSR-USDT TNSRUSDT	bybit	A	0.03296USDT	-2.34%	2,890,034.94TNSR	4,034	0.03375USDT	0.03465USDT
6	TNSR-USDC TNSR_USDC	gateio	A	0.03309USDC	-2.22%	1,050,583.49TNSR	282	0.03385USDC	0.03460USDC
7	TNSR-USD TNSR-USD	coinbase	AA	0.03300USD	-1.35%	811,065.96TNSR	438	0.03345USD	0.03454USD
8	TNSR-USDT TNSR_USDT	gateio	A	0.03297USDT	-2.08%	574,932.00TNSR	1,111	0.03367USDT	0.03463USDT
9	TNSR-USDT TNSR-USDT	kucoin	BB	0.03309USDT	-1.19%	517,301.29TNSR	449	0.03350USDT	0.03450USDT
10	TNSR-USD TNSRUSD	kraken	AA	0.03300USD	-2.65%	510,420.90TNSR	227	0.03390USD	0.03450USD
11	TNSR-TRY TNSR_TRY	whitebit	BB	1.61TRY	-2.25%	344,957.80TNSR	242	1.65TRY	1.69TRY
12	TNSR-EUR TNSREUR	kraken	AA	0.02860EUR	-1.95%	294,290.84TNSR	178	0.02917EUR	0.02972EUR
13	TNSR-USDC TNSRUSDC	binance	AA	0.03309USDC	-1.78%	230,524.30TNSR	97	0.03370USDC	0.03440USDC
14	TNSR-USDT TNSRUSDT_SPBL	bitget	BB	0.03316USDT	-1.54%	229,216.95TNSR	1,059	0.03368USDT	0.03465USDT
15	TNSR-BTC TNSR_BTC	whitebit	BB	0.0₆4360BTC	-2.24%	153,603.90TNSR	147	0.0₆4460BTC	0.0₆4530BTC
16	TNSR-EUR TNSR_EUR	whitebit	BB	0.02850EUR	-2.06%	32,206.90TNSR	35	0.02910EUR	0.03000EUR
17	TNSR-USD TNSR_USD	cryptodotcom	AA	0.03367USD	0.25%	14,489.00TNSR	17	0.03359USD	0.03425USD
18	TNSR-TRY TNSR-TRY	okex	A	1.66TRY	0.00%	2,975.18TNSR	1	1.66TRY	1.66TRY
19	TNSR-USD TNSR-USD	okex	A	0.03355USD	-0.65%	2,069.74TNSR	4	0.03377USD	0.03377USD
20	TNSR-EUR TNSR-EUR	okex	A	0.02931EUR	-2.20%	1,492.75TNSR	1	0.02997EUR	0.02997EUR
21	TNSR-USDT tnsr_usdt	lbank	C	0.03309USDT	-1.61%	31,441,634.67TNSR	85,128	0.03363USDT	0.03460USDT
22	TNSR-USDT TNSRUSDT	bitrue	D	0.03309USDT	-1.78%	6,504,502.60TNSR	37,645	0.03370USDT	0.03479USDT
23	TNSR-USDT TNSR_USDT	coinw	-	0.03309USDT	-1.90%	5,459,075.42TNSR	2,318	0.03374USDT	0.03458USDT
24	TNSR-USDT TNSRUSDT	toobit	C	0.03290USDT	-2.37%	2,831,140.50TNSR	5,226	0.03370USDT	0.03460USDT
25	TNSR-USDT TNSR_USDT	bitunix	C	0.03300USDT	-2.08%	2,366,830.30TNSR	6,621	0.03370USDT	0.03460USDT
26	TNSR-EUR TNSR-EUR	bitvavo	B	0.02872EUR	-1.84%	1,722,896.90TNSR	205	0.02925EUR	0.02992EUR
27	TNSR-USDT TNSRUSDT	mexc	C	0.03309USDT	-1.90%	1,719,999.78TNSR	3,102	0.03374USDT	0.03462USDT
28	TNSR-USDT TNSR_USDT	bydfi	-	0.03309USDT	-2.07%	1,289,549.02TNSR	3,021	0.03379USDT	0.03460USDT
29	TNSR-USDT TNSR-USDT	bingx	D	0.03300USDT	-1.79%	1,256,198.62TNSR	5,400	0.03360USDT	0.03470USDT
30	TNSR-USDT tnsr_usdt	digifinex	D	0.03300USDT	-2.37%	341,432.10TNSR	1,305	0.03379USDT	0.03460USDT
31	TNSR-EUR TNSREUR	bit2me	B	0.02857EUR	-2.06%	294,131.54TNSR	177	0.02917EUR	0.02972EUR
32	TNSR-USDT tnsrusdt	huobipro	C	0.03490USDT	1.16%	56,126.77TNSR	111	0.03450USDT	0.03690USDT
33	TNSR-THB THB_TNSR	bitkub	C	1.10THB	-2.91%	45,061.14TNSR	5	1.13THB	1.13THB
34	TNSR-USDC TNSRUSDC	mexc	C	0.03438USDC	0.00%	0TNSR	0	0.03438USDC	0.03438USDC
35	TNSR-IDR tnsridr	indodax	E	585.00IDR	-2.17%	27,195.12TNSR	24	598.00IDR	632.00IDR
36	TNSR-INR TNSRINR	coindcx	-	3.34INR	0.63%	21,492.84TNSR	31	3.32INR	3.46INR
37	TNSR-BRL TNSR-BRL	mercadobtc	C	0.2318BRL	35.20%	824.66TNSR	4	0.1715BRL	0.2318BRL
38	TNSR-USDT TNSRUSDT	hitbtc	E	0.03479USDT	0.00%	0TNSR	0	0.03479USDT	0.03479USDT
39	TNSR-KRW TNSR_KRW	coinone	C	46.02KRW	0.00%	0TNSR	0	46.02KRW	46.02KRW
40	TNSR-USDT TNSR_USDT	poloniex	C	0.06850USDT	0.00%	0TNSR	0	0.06850USDT	0.06850USDT
41	TNSR-USDC TNSR_USDC	backpack	C	0.06870USDC	0.00%	0TNSR	0	0.06870USDC	0.06870USDC