Tensor protocol
Overview
Tensor is a decentralized NFT marketplace built on the Solana blockchain, designed to aggregate liquidity from various sources and provide advanced trading tools. It incorporates a staking mechanism and utilizes the TNSR token for governance and incentivization.
Within the DeFi Intel graph, Tensor connects to 5 tracked entities, most strongly to Solana, Tensor, Magic Eden.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
governed_by | Tensor | 95% |
competes_with | Magic Eden | 90% |
issued | Tensor | 90% |
developed | Tensor | 85% |
Frequently asked questions
What is Tensor?
Tensor is an NFT marketplace on Solana that aggregates liquidity from multiple platforms and offers sophisticated trading features. It operates with its own token, TNSR, used for staking and governance.
What makes Tensor different from other NFT marketplaces?
Tensor differentiates itself by aggregating liquidity from disparate sources, providing advanced order types, and implementing a staking model that rewards token holders. It also aims to offer competitive fee structures.
How does Tensor's staking system work?
Users can stake TNSR tokens to earn rewards and access enhanced platform benefits, such as fee reductions or voting rights. The specific mechanics are governed by the protocol's smart contracts.
What is Tensor connected to?
In the DeFi Intel knowledge graph, Tensor is linked to 5 other tracked entities, most strongly to Solana, Tensor, Magic Eden.
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