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 TNSR-USDT	okex	A	0.02476USDT	-0,28%	7 357 253,57TNSR	1 917	0.02483USDT	0.02524USDT
2	TNSR-USDT TNSRUSDT	binance	AA	0.02470USDT	-0,40%	6 345 508,90TNSR	3 401	0.02480USDT	0.02520USDT
3	TNSR-TRY TNSRTRY	binance	AA	1,24TRY	0,00%	5 530 076,60TNSR	534	1,24TRY	1,26TRY
4	TNSR-USDT TNSR_USDT	whitebit	BB	0.02480USDT	0,00%	4 552 045,30TNSR	8 823	0.02480USDT	0.02540USDT
5	TNSR-USD TNSR-USD	coinbase	AA	0.02487USD	0,00%	0TNSR	0	0.02487USD	0.02487USD
6	TNSR-USDT TNSR_USDT	gateio	A	0.02474USDT	-0,16%	1 042 682,00TNSR	1 544	0.02478USDT	0.02524USDT
7	TNSR-USDT TNSRUSDT	bybit	A	0.02477USDT	-0,04%	970 854,42TNSR	611	0.02478USDT	0.02527USDT
8	TNSR-USDT TNSRUSDT_SPBL	bitget	BB	0.02481USDT	-0,12%	354 969,67TNSR	744	0.02484USDT	0.02512USDT
9	TNSR-USD TNSRUSD	kraken	AA	0.02470USD	0,00%	325 570,83TNSR	64	0.02470USD	0.02510USD
10	TNSR-TRY TNSR_TRY	whitebit	BB	1,23TRY	-1,75%	231 906,20TNSR	171	1,26TRY	1,27TRY
11	TNSR-USDT TNSR-USDT	kucoin	BB	0.02450USDT	-0,81%	112 370,59TNSR	73	0.02470USDT	0.02520USDT
12	TNSR-BTC TNSR_BTC	whitebit	BB	0.0₆3399BTC	1,19%	86 124,40TNSR	78	0.0₆3360BTC	0.0₆3410BTC
13	TNSR-EUR TNSR_EUR	whitebit	BB	0.02240EUR	0,45%	50 034,10TNSR	38	0.02230EUR	0.02250EUR
14	TNSR-EUR TNSREUR	kraken	AA	0.02233EUR	0,00%	0TNSR	0	0.02233EUR	0.02233EUR
15	TNSR-USD TNSR_USD	cryptodotcom	AA	0.02481USD	0,64%	12 818,00TNSR	11	0.02465USD	0.02481USD
16	TNSR-USDC TNSR_USDC	gateio	A	0.02470USDC	0,65%	8 156,00TNSR	2	0.02454USDC	0.02474USDC
17	TNSR-EUR TNSR-EUR	okex	A	0.02222EUR	0,00%	0TNSR	0	0.02222EUR	0.02222EUR
18	TNSR-TRY TNSR-TRY	okex	A	1,30TRY	0,00%	0TNSR	0	1,30TRY	1,30TRY
19	TNSR-USDT tnsr_usdt	lbank	C	0.02479USDT	0,28%	42 148 856,03TNSR	84 858	0.02472USDT	0.02523USDT
20	TNSR-USDT TNSRUSDT	bitrue	D	0.02470USDT	0,00%	6 984 324,90TNSR	36 858	0.02470USDT	0.02540USDT
21	TNSR-USDT TNSR_USDT	coinw	-	0.02476USDT	-0,08%	3 849 745,37TNSR	2 195	0.02478USDT	0.02522USDT
22	TNSR-USDT TNSR_USDT	bitunix	C	0.02470USDT	-0,40%	3 114 763,00TNSR	6 286	0.02480USDT	0.02520USDT
23	TNSR-USDT TNSRUSDT	toobit	C	0.02480USDT	-0,40%	2 889 006,70TNSR	4 975	0.02490USDT	0.02530USDT
24	TNSR-USDT TNSRUSDT	mexc	C	0.02477USDT	0,04%	2 221 377,76TNSR	3 036	0.02476USDT	0.02528USDT
25	TNSR-USDT TNSR_USDT	bydfi	-	0.02470USDT	-0,40%	1 668 561,64TNSR	2 988	0.02480USDT	0.02520USDT
26	TNSR-USDT TNSR-USDT	bingx	D	0.02480USDT	0,00%	1 312 477,61TNSR	4 500	0.02480USDT	0.02530USDT
27	TNSR-EUR TNSR-EUR	bitvavo	B	0.02211EUR	0,30%	537 277,13TNSR	222	0.02204EUR	0.02237EUR
28	TNSR-USDT tnsr_usdt	digifinex	D	0.02470USDT	0,00%	196 637,60TNSR	1 270	0.02470USDT	0.02530USDT
29	TNSR-EUR TNSREUR	bit2me	B	0.02233EUR	0,00%	0TNSR	0	0.02233EUR	0.02233EUR
30	TNSR-THB THB_TNSR	bitkub	C	0.8241THB	0,00%	0TNSR	0	0.8241THB	0.8241THB
31	TNSR-INR TNSRINR	coindcx	-	2,49INR	1,80%	8 950,02TNSR	22	2,45INR	2,53INR
32	TNSR-IDR tnsridr	indodax	E	447,00IDR	-0,22%	3 352,66TNSR	6	448,00IDR	449,00IDR
33	TNSR-USDT tnsrusdt	huobipro	C	0.02480USDT	0,00%	1 582,35TNSR	2	0.02480USDT	0.02480USDT
34	TNSR-KRW TNSR_KRW	coinone	C	33,62KRW	0,87%	431,06TNSR	2	33,33KRW	33,62KRW
35	TNSR-USDT TNSRUSDT	hitbtc	E	0.03479USDT	0,00%	0TNSR	0	0.03479USDT	0.03479USDT
36	TNSR-BRL TNSR-BRL	mercadobtc	C	0.1500BRL	0,00%	0TNSR	0	0.1500BRL	0.1500BRL
37	TNSR-USDT TNSR_USDT	poloniex	C	0.02040USDT	0,00%	0TNSR	0	0.02040USDT	0.02040USDT
38	TNSR-USDC TNSR_USDC	backpack	C	0.06870USDC	0,00%	0TNSR	0	0.06870USDC	0.06870USDC