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How To Be Part of the Tensor Token $TNSR Airdrop

Looking for Tensor Token Price?

Here you can find the latest price and token information for $TNSR, as the token finally went live on April 8th, 2024. Below you will find information on who is eligible for the airdrop for Season 4 rewards program, and if you did not qualify this time around, it could be helpful for you for Season 5 rewards.

$TNSR Airdrop

Tensor announced that participants of the Seasons 1, 2 and 3 of their rewards program are also elegible for the $TNSR Airdrop, native governance token used by the community to manage key parameters of the Tensor protocols.

HOW TO CLAIM $TNSR?

To claim tokens for the $TNSR Airdrop tokens, follow these simple steps:

  • Go to the Tensor Foundation website.

  • Connect your wallet and check the amount you will get.

Users have 180 days to claim the $TNSR tokens, until 5th October 2024.

The amount is proportional to all the activities made on Tensor protocols over the previous 3 seasons.

If you didn't qualify this time, you can still participate in the Tensor Protocol and potentially qualify for Season 5 rewards.

How to participate in the Tensor Reward Programs?

Tensor has introduced a rewards program across various seasons, including Season 1, Season 2, Season 3 and the recently started Season 4.

The mechanics are straightforward: participants accumulate points based on their activities throughout the season, earning different loot boxes as rewards. Previously, these loot boxes contained essential shards required for minting a Tensorian.

Below are five avenues to accumulate points on Tensor:

  • Listing NFTs

  • Placing bids on NFTs

  • Engaging in market-making for NFTs (automating "buy low, sell high")

  • Staking Tensorians

  • Referring friends

What is Tensor?

Tensor is a comprehensive platform on the Solana network that includes an NFT marketplace aggregator and an Automated Market Maker (AMM).

Known for its community-driven governance and transparency, Tensor empowers users to actively participate in the protocol's development and decision-making processes. With its presence on Solana, Tensor contributes to the growing ecosystem of DeFi projects on the Solana blockchain.

How Does Tensor Work?

For creators, Tensor serves as a central hub, offering a comprehensive suite of tools for managing collections and fine-tuning minting, naming, descriptions, and beyond. Additionally, it serves as a dynamic launchpad for introducing an array of Solana-based NFTs to the market.

On the other hand, traders benefit from Tensor's robust marketplace, which boasts deep liquidity, real-time data updates, advanced trading features, and customizable market-making options. Catering to its dedicated community, Tensor presents its exclusive NFT collection, "Tensorians", designed to captivate and engage its most ardent supporters.

Tokenomics

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

  • 55% or 550,000,000 $TNSR to the community. A substantial 12.5% is for the initial $TNSR airdrop.

  • 27% or 270,000,000 $TNSR to core contributors

  • 9% or 90,000,000 $TNSR to investors & advisors

  • 9% or 90,000,000 $TNSR reserve for future fundraising & development

This allocation underscores the project's commitment to inclusivity and widespread participation. It's an exciting opportunity for individuals to engage with the project right from its inception and be part of its growth journey.

About the Author

Ex-crypto miner and crypto enthusiast since 2019.

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