Tensor Foundation Distributes Additional 2.3% $TNSR Supply to 2,900 Users, Vested Over 2 Years

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.