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	0.03450USDT	2.37%	13,349,592.80TNSR	8,112	0.03370USDT	0.03540USDT
2	TNSR-TRY TNSRTRY	binance	AA	1.67TRY	1.83%	10,123,631.10TNSR	1,681	1.64TRY	1.71TRY
3	TNSR-USDT TNSR-USDT	okex	A	0.03458USDT	2.64%	8,833,855.45TNSR	6,126	0.03369USDT	0.03536USDT
4	TNSR-USDT TNSR_USDT	whitebit	BB	0.03460USDT	2.37%	3,772,914.50TNSR	7,405	0.03379USDT	0.03540USDT
5	TNSR-USDT TNSRUSDT	bybit	A	0.03454USDT	2.22%	3,548,138.29TNSR	4,564	0.03379USDT	0.03549USDT
6	TNSR-USD TNSR-USD	coinbase	AA	0.03438USD	2.14%	826,816.75TNSR	420	0.03366USD	0.03531USD
7	TNSR-USDT TNSR_USDT	gateio	A	0.03453USDT	2.37%	692,821.00TNSR	1,476	0.03373USDT	0.03535USDT
8	TNSR-USDC TNSR_USDC	gateio	A	0.03451USDC	2.89%	696,585.85TNSR	214	0.03354USDC	0.03522USDC
9	TNSR-USDT TNSR-USDT	kucoin	BB	0.03440USDT	1.47%	567,436.10TNSR	459	0.03390USDT	0.03530USDT
10	TNSR-USDT TNSRUSDT_SPBL	bitget	BB	0.03456USDT	2.40%	321,422.86TNSR	1,151	0.03376USDT	0.03549USDT
11	TNSR-TRY TNSR_TRY	whitebit	BB	1.68TRY	2.63%	318,983.80TNSR	245	1.63TRY	1.73TRY
12	TNSR-USDC TNSRUSDC	binance	AA	0.03440USDC	1.78%	264,357.20TNSR	118	0.03379USDC	0.03530USDC
13	TNSR-USD TNSRUSD	kraken	AA	0.03450USD	2.37%	189,287.97TNSR	94	0.03370USD	0.03530USD
14	TNSR-BTC TNSR_BTC	whitebit	BB	0.0₆4540BTC	2.02%	158,760.00TNSR	141	0.0₆4450BTC	0.0₆4620BTC
15	TNSR-EUR TNSR_EUR	whitebit	BB	0.03000EUR	2.39%	74,395.40TNSR	53	0.02930EUR	0.03070EUR
16	TNSR-USD TNSR-USD	okex	A	0.03447USD	2.74%	32,743.45TNSR	19	0.03355USD	0.03527USD
17	TNSR-EUR TNSREUR	kraken	AA	0.03008EUR	2.59%	30,409.71TNSR	31	0.02932EUR	0.03049EUR
18	TNSR-USD TNSR_USD	cryptodotcom	AA	0.03427USD	0.80%	26,483.00TNSR	23	0.03400USD	0.03512USD
19	TNSR-TRY TNSR-TRY	okex	A	1.66TRY	0.00%	0TNSR	0	1.66TRY	1.66TRY
20	TNSR-EUR TNSR-EUR	okex	A	0.03001EUR	2.39%	784.66TNSR	1	0.02931EUR	0.03001EUR
21	TNSR-USDT tnsr_usdt	lbank	C	0.03452USDT	2.80%	30,940,082.27TNSR	85,554	0.03358USDT	0.03522USDT
22	TNSR-USDT TNSRUSDT	bitrue	D	0.03470USDT	2.97%	6,770,936.80TNSR	37,900	0.03370USDT	0.03549USDT
23	TNSR-USDT TNSR_USDT	coinw	-	0.03452USDT	2.34%	6,285,982.15TNSR	2,277	0.03373USDT	0.03533USDT
24	TNSR-USDT TNSRUSDT	toobit	C	0.03440USDT	1.78%	3,005,312.30TNSR	5,289	0.03379USDT	0.03540USDT
25	TNSR-USDT TNSR_USDT	bitunix	C	0.03450USDT	2.37%	2,456,523.20TNSR	6,918	0.03370USDT	0.03530USDT
26	TNSR-EUR TNSR-EUR	bitvavo	B	0.03008EUR	3.33%	2,395,368.43TNSR	351	0.02911EUR	0.03077EUR
27	TNSR-USDT TNSRUSDT	mexc	C	0.03459USDT	2.40%	1,677,435.73TNSR	3,133	0.03377USDT	0.03529USDT
28	TNSR-USDT TNSR_USDT	bydfi	-	0.03460USDT	2.37%	1,246,213.80TNSR	3,021	0.03379USDT	0.03540USDT
29	TNSR-USDT TNSR-USDT	bingx	D	0.03440USDT	1.78%	1,199,748.64TNSR	5,657	0.03379USDT	0.03530USDT
30	TNSR-USDT tnsr_usdt	digifinex	D	0.03460USDT	3.28%	385,945.10TNSR	1,272	0.03350USDT	0.03530USDT
31	TNSR-INR TNSRINR	coindcx	-	3.46INR	3.93%	58,286.47TNSR	38	3.33INR	3.47INR
32	TNSR-THB THB_TNSR	bitkub	C	1.16THB	2.66%	49,124.72TNSR	9	1.13THB	1.16THB
33	TNSR-USDT tnsrusdt	huobipro	C	0.03440USDT	0.88%	44,416.91TNSR	91	0.03410USDT	0.03780USDT
34	TNSR-IDR tnsridr	indodax	E	605.00IDR	1.85%	40,058.38TNSR	28	594.00IDR	628.00IDR
35	TNSR-USDC TNSRUSDC	mexc	C	0.03438USDC	0.00%	0TNSR	0	0.03438USDC	0.03438USDC
36	TNSR-EUR TNSREUR	bit2me	B	0.03008EUR	2.59%	30,409.71TNSR	31	0.02932EUR	0.03049EUR
37	TNSR-BRL TNSR-BRL	mercadobtc	C	0.2272BRL	-2.00%	8,915.02TNSR	8	0.2318BRL	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