The Tensor Foundation, the organization developing the Solana SOL/USD NFT marketplace Tensor, launched its governance token TNSR. The move helps implement community governance, giving TNSR holders control over Tensor's parameters and fee discounts when using TNSR in transactions on Tensor, the foundation wrote on the social media platform X. Specifically, listings created in TNSR will have their protocol fee lowered by 25%. Users have until Oct. 5, 2024, to claim their tokens.
Read the full story at The Block.
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