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Tensor Tokenomics Unveiled Minutes Before Airdrop Claim Goes Live

Excitement builds as Tensor unveils $TNSR details minutes before airdrop, Coinbase listing fuels anticipation.

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April 8, 2024 by Sheldon

Tensor, Solana's dominant NFT marketplace, has officially released the detailed tokenomics for its highly anticipated governance token, $TNSR. This release follows the airdrop announcement scheduled for today, April 8th, which has sparked widespread excitement within the Solana NFT community. The airdrop claim is set to go live at 11 AM ET on Jupiter's claimpad. $TNSR is currently trading at $2.78 on Whalesmarket pre-market platform.

Users can easily check their eligibility and $TNSR token allocation on Jupiter's claimpad at https://claim.jup.ag/tnsr. Additionally, the Backpack wallet will conveniently provide a pop-up displaying your respective allocation, streamlining the process for a smooth user experience.

Key Tokenomics Highlights

  • Total Supply: 1 billion $TNSR tokens
  • Community-Focused Distribution: 55% of the total supply is allocated to the community, with 12.5% available through the initial airdrop.
  • Contributor and Investor Allocation: Core contributors receive 27%, while investors and advisors receive 9%.
  • Reserve: 9% is set aside for future fundraising and development initiatives.
  • Vesting Schedules: Vary to ensure long-term commitment and project development.
  • Community Treasury: A significant portion is dedicated to ecosystem incentives, liquidity provisioning, and grants.

Airdrop and Major Exchange Listings

The airdrop claim will go live at 11 AM ET on April 8th. Eligible users can claim their $TNSR tokens starting at that time. In a major show of confidence from the cryptocurrency industry, all major exchanges, including Binance, Coinbase, Okx, and Bybit, have already announced the token's listing.

Background

Tensor has consistently rewarded loyal users, and this airdrop underscores their dedication to their community. The $TNSR token aims to empower the community by enabling participation in governance decisions that shape the future of the platform.

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