How does the Tensor (TNSR) coin redistribution system work?

The Tensor (TNSR) coin redistribution system, driven by a smart contract on its blockchain, offers passive income to holders, fostering long-term investment and transparency in the TNSR ecosystem.

Dec 31, 2024 at 05:22 pm

Key Points:

• Unique coin redistribution mechanism implemented through smart contract.
• Holders rewarded with passive income from every transaction.
• Transparency and auditability ensured by blockchain technology.

How does the Tensor (TNSR) Coin Redistribution System Work?

The Tensor (TNSR) project has introduced a revolutionary coin redistribution system that rewards holders with passive income through every transaction on its blockchain. This innovative mechanism operates based on a smart contract, providing transparency and auditability.

Steps Involved in the Coin Redistribution Process:

• Transaction Occurs: When a transaction is made using TNSR tokens, a small transaction fee is automatically deducted.
• Fee Allocation to Distribution Pool: A predetermined percentage of the transaction fee is allocated to a distribution pool.
• Smart Contract Monitors and Redistributes: A smart contract continuously monitors the distribution pool and redistributes the accumulated funds to all TNSR holders.
• Automatic Rewards Distribution: The rewards are automatically distributed to holders based on their pro-rata share of the total TNSR tokens in circulation.
• Real-Time Updates and Transparency: The entire distribution process occurs on the blockchain, providing real-time updates and full transparency.

Advantages of the Tensor Coin Redistribution System:

• Passive Income Generation: TNSR holders receive passive income through regular rewards without actively trading or staking their tokens.
• Long-Term Investment Incentive: The redistribution system encourages long-term holding of TNSR tokens, promoting a stable and growing community.
• Transparency and Accountability: The use of smart contracts and blockchain technology ensures transparent and auditable distribution of rewards.

Conclusion:

The innovative coin redistribution system implemented by the Tensor (TNSR) project offers a unique opportunity for passive income generation to its holders. Through a transparent and automated process, holders are rewarded for every transaction on the blockchain, incentivizing long-term investment and contributing to the growth and stability of the TNSR ecosystem.

FAQs:

Q: What percentage of the transaction fee is allocated to the distribution pool?

A: The specific percentage allocated to the distribution pool is determined by the project's governance and can be adjusted over time.

Q: How often are rewards distributed to holders?

A: The frequency of reward distribution depends on the volume of transactions on the TNSR blockchain. However, it is typically done on a regular basis.

Q: Is there a minimum balance requirement to qualify for rewards?

A: Generally, there is no minimum balance requirement to receive rewards through the TNSR coin redistribution system. However, some projects may set a minimum threshold to discourage small-scale transactions.