Key Takeaways

• Tensor (TNSR) is the governance token of the Tensor Foundation ecosystem, which powers Tensor Trade and other Tensor protocols on Solana. 
• Tensor Foundation says TNSR holders help manage key protocol parameters, treasury decisions, and governance proposals through a community-led process. 
• The token has a fixed initial supply of 1 billion, with 55% allocated to the community and the rest split among contributors, investors, advisors, and reserve. 
• Tensor’s value model is not classic “fee-sharing to holders”; instead, 100% of main marketplace fees and 50% of protocol fees go to a treasury controlled by the foundation. 
• For beginners, TNSR is best understood as a governance and ecosystem token tied to NFT trading…