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Project Overview
Linera is a blockchain protocol designed with low-latency applications in mind. The project draws from academic research initiated at Facebook/Novi, such as the FastPay protocol and the Zef protocol (slides).
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Linera community round subscription falls short of $1.5M USDC minimum target, refunds to be processed
Linera has announced the conclusion of the LNRA community round subscription period, during which 617 participants from 69 countries subscribed a total of $848,000 USDC. The funds will be returned to participants' wallets via the original channels, and a follow-up announcement will be released after the refund period concludes.
Linera Launches LNRA Community Sale Pre-Registration and Unveils Tokenomics Model
Linera is opening pre-registration for the LNRA community sale from now until September 1, with a commitment period running from September 1 to September 8. Users can subscribe at a fixed price using USDC on the Base chain through Echo's Sonar system. Linera will announce the pricing and offering size on August 28. According to Linera's disclosed LNRA tokenomics overview, the community reserve accounts for 60% of the total supply, the foundation holds 10%, investors hold 11.3%, early contributors hold 13.7%, and the community sale accounts for 5%. Investors and early contributors together hold 25% of the tokens, which will be unlocked in batches over a three-year period following distribution.
Linera: Aiming to Be the “Next Hyperliquid,” Will Launch LNRA Token Sale
Odaily News: Linera announced on X that it will soon conduct an LNRA token sale. The company stated that its goal is to build products along Hyperliquid's development path, adopting a model that features a dedicated blockchain, a small team, consumer-focused products, real revenue, and a user-first approach. It will also launch a real-time prediction market capable of settling within 1 minute.Linera noted that it employs a parallelizable “microchains” architecture, where each user and market can run on an independent microchain, with most blocks achieving finality within 1 second. Currently, its prediction market operates in a pure PvP mode, without relying on market makers for external liquidity. Linera also announced that full details of the LNRA token sale will be released soon, and holders of product badges will be eligible for exclusive access to a dedicated subscription pool.