TNSR, Tensor

Claim update for power users of Tensor Protocols.

An additional allocation for power users was announced in April (see quoted tweet) and is now available to claim. This allocation is vested.

Claims are now live on Magna, our token vesting platform partner. tensor.foundation/powerusers

Power users must connect eligible wallets to @magna_digital to claim their additional allocation.

We wanted to provide an update on the $TNSR airdrop.

Tensor Foundation aims to build products that can touch billions of users. Therefore, our initial airdrop structure prioritized rewarding the maximum number of users that have helped our protocols grow.

On careful review, we recognize this has led to our power users not being properly rewarded. These users provided the majority of the liquidity and were key to Tensor protocols' success.

Therefore, an additional 2.3% supply will be distributed to the top ~2900 users, making their distribution entirely linear.

Importantly, this extra allocation will be vested over 2 years (6 month cliff), creating long-term alignment with the Foundation. We want our most active users to be long-term partners in our success.