Tsunami Exchange is a gamified derivatives market built on the Waves blockchain. It operates on a vAMM concept and allows users to create perpetual futures markets with leverage of up to 10x. The platform offers futures trading for Tokens, NFT floor price, Commodities (Oil, Gold, Beef, Wheat, etc.), Indices, and Stocks.

Tsunami Exchange is governed by its platform token, TSN. TSN holders have the power to participate in platform development decisions, including the addition of new markets and prioritizing features. Additionally, TSN holders can stake their tokens and earn a share of the platform's earnings. Half of the fee revenue collected goes to the insurance fund, while the other half is distributed among all token stakers.

The initial distribution of TSN took place through the Initial Liquidity Offering (ILO) process on June 23, 2022, on the Puzzle Swap platform.

For more information about Tsunami Exchange tokenomics, you can visit this link: [Tokenomics Article](https://mirror.xyz/0xEc8c6e2695e2d2AC98B896a1a340fC381dFC5bfe/wc3jDBQieJUMAhpPg3VYU9FP8cFWUgbJ-YeVt8a_Zbc)