🔔 Preface Summary:

Against the backdrop of the rapid development of digital currency and blockchain technology, NFT has gradually become a new focus.

The Tensor Foundation is committed to promoting community-led governance of the Tensor protocol, helping the Tensor DAO (decentralized autonomous organization) grow and expand the Tensor ecosystem.

1️⃣ Project Introduction:

The Tensor Protocol is a key NFT trading infrastructure based on the Solana blockchain. Solana is particularly suitable for NFT trading due to its high throughput, high speed, and low fees. To date, the total value of Solana NFTs traded through the Tensor Protocol has exceeded $2 billion, and in the past 90 days, the Tensor Protocol has facilitated more than 70% of Solana NFT transactions (excluding wash trading), demonstrating its important position and influence in the market.

2️⃣ What is TNSR coin?

TNSR is the cryptocurrency of the Tensor platform, built on the Solana blockchain. It aims to facilitate NFT transactions, provide convenience for artists and collectors, and increase user engagement. With TNSR coins, users can buy and sell NFTs faster and more securely, and enjoy low transaction fees and high speed. TNSR coin holders can also get special features and rewards such as priority access and participation in platform activities.

3️⃣ Main functions of the Tensor platform:

● Automated Market Makers (AMMs) and Markets:

Tensor is the first trading platform that combines AMM and NFT markets. Users can auction their collections with a "Sell Now" button, and sellers can get instant liquidity. Orders are based on joint curves, support dollar cost averaging (DCA) of NFTs, and provide a reward mechanism for early liquidity providers. The platform does not charge execution fees for listing, bidding, and market making, and only charges a 1% fee to the taker.

● Aggregator functions:

Tensor is not only an NFT trading platform, but also acts as an aggregator of NFT markets, allowing users to buy and sell NFTs on different exchanges at the best prices through the Tensor interface. Currently, markets that support aggregation include TensorSwap, HadeSwap, HyperSpace, MagicEden, and Solanart.

● Rarity ranking:

Tensor's rarity ranking mechanism helps evaluate NFT collection prices based on a rarity rating system. It supports four rarity ranking systems, including HowRare, MoonRank, Trait Normalized, and Team Vision, covering more than 10,000 collections in the Solana ecosystem.

4️⃣ Other features:

● Exchange and Auction: Users can quickly exchange NFTs on the platform, enjoy an efficient trading experience, and obtain instant liquidity through the auction function.

● Storage and conversion: Provide secure storage options and support conversion of different types of NFTs to enhance asset flexibility.

● NFT Management: Rich customization options allow users to adjust the trading environment according to their preferences and identify and take advantage of favorable trading opportunities using advanced analysis tools and charts integrated with TradingView.

5️⃣ Token Economics:

The total supply of $TNSR tokens is 1 billion. The initial distribution is as follows:

● Community: 55%

● Core Contributors: 27%

● Investors and advisors: 9%

● Future financing and development reserves: 9%

This allocation ensures fair distribution of TNSR and supports the development of the Tensor Platform.

6️⃣ Future Outlook:

The Solana Tensor Foundation is committed to supporting projects in the Solana ecosystem and promoting their development. They believe that NFTs will become an important driving force in the wider field in the future, and Tensor was born for this purpose. The launch of TNSR further emphasizes the strength and efficiency of Solana's infrastructure, and also highlights the important role of the community in promoting the development of the ecosystem.

🎯 Conclusion:

In the wave of blockchain technology, the Tensor Foundation is committed to building an efficient, secure and fair NFT trading platform by promoting the Tensor protocol and TNSR coins. Its innovative functions and decentralized governance model not only improve the user experience, but also enhance the vitality of the Solana ecosystem.

This article does not constitute any investment advice! Investors need to carefully assess risks and market performance! #DYOR

🤝 Thank you everyone！