The Tensor Foundation announced a significant update regarding the $TNSR token allocation, aiming to better reward its power users. According to the announcement, an additional 2.3% of the $TNSR token supply will be distributed to the top approximately 2,900 users of the platform, ensuring a linear distribution among them. This decision comes as a response to concerns that these power users were not adequately compensated previously. The additional tokens will be vested over a period of two years, with a six-month cliff period before the distribution begins. This move is part of the foundation's efforts to ensure a more equitable distribution of tokens among its users. Tensor, known for its position in the Solana network as a premier NFT marketplace, was founded in 2022 and has recently seen its $TNSR token listed on major exchanges such as Binance and Coinbase.
ICYMI: Dive into @TensorFdn, the NFT marketplace on the Solana network. Founded in 2022, Tensor offers a unique space for NFT buying, selling, and trading. $TNSR recently got listed on big exchanges like Binance and Coinbase. Learn more: ↓ https://t.co/Hy18pYy4fu
The Tensor Foundation made a big announcement yesterday. Tensor Foundation is the organization behind $TNSR, the token that was distributed to users of Solana's premier NFT marketplace, Tensor. Yesterday it was announced that an additional 2.3% of the total $TNSR token supply…
First Tensorian @tensor_hq https://t.co/ticSxAaPNm
#NewProfilePic Where my Tensorians at ?? @tensor_hq https://t.co/sqGGh9O04k
NEW: Tensor Foundation updates $TNSR allocation, providing an additional 2.3% supply to approximately 2,900 power users. The additional supply will be vested over 2 years. https://t.co/V6AoaOIQco
Wow nice surprise this morning - Tensor just allocated an additional 2.3% of their supply to their 2900 top users Worth checking if you've used the platform https://t.co/KZgBEX3xKH https://t.co/2JGA3M3G5m
NEW: @TensorFdn SAYS THAT @tensor_hq'S POWER USERS WERE NOT PROPERLY REWARDED WITH $TNSR - "THEREFORE, AN ADDITIONAL 2.3% OF SUPPLY WILL BE DISTRIBUTED TO THE TOP ~2900 USERS, MAKING THEIR DISTRIBUTION ENTIRELY LINEAR"- ALLOCATION TO BE VESTED OVER 2 YEARS (6 MONTH CLIFF) https://t.co/EZpCQX7Rod
new tensorian in collection ⚡️⚡️⚡️ @tensor_hq https://t.co/qwH4AWav34