lnra

The real-time market application underlying protocol Linera announces the opening of pre-registration for the $LNRA community round, aimed at traders, badge recipients, community members, and external participants, allowing for token purchases before Season 1 and TGE. Pre-registration is open from now until September 1 UTC, with the subscription period from September 1 to 8 UTC. Participants can join at a fixed price / FDV using USDC on Base through sale.linera.net, with round pricing and scale to be announced on August 28.This round is divided into a reserved pool for badge holders and an open pool for all registered users. Badges can be earned daily through trading and social activities on app.linera.xyz and claimed at portal.linera.net. Higher levels and points determine the priority order for the reserved pool; the open pool is allocated proportionally, with a single wallet limit of $100,000. For every $1 committed, 1 Commitment Credit is earned, which can be used for fee-free trading volume in Season 1 on app.linera.xyz, with refunds also counted.It is reported that 65% of the total supply belongs to the community (including reserves and this pre-sale), while investors and early contributors hold a total of 25%, with a three-year vesting period from distribution. Linera claims there are currently about 50,000 traders, over 80 million predictions, and over 2 billion test trades, nearing the launch of the mainnet.

Blockchain infrastructure Linera announced that with the sale of $LNRA, it will showcase Linera Originals, a badge system, and a featured marketplace that can open, operate, and settle within a minute. Linera stated that becoming "the next Hyperliquid" means dedicated chains, a focus on consumer-grade products, small teams, real revenue, and user priority, rather than simple replication. Its goal is to predict markets in real-time, a segment that currently has no incumbents, as general-purpose chains struggle to support it.Linera adopts a parallel micro-chain architecture, validated by the same set of validators, with users and markets operating on independent micro-chains. Most blocks are ultimately confirmed in under a second, and throughput can be expanded by increasing micro-chains. This design is derived from research by the CEO, a former Meta (Libra/Diem) researcher, and inherits low-latency settlement work such as FastPay. The application app.linera.xyz has been launched on this architecture, with all predictions being on-chain transactions, and badges measuring real participation.The platform's marketplace is purely player versus player (PvP), with a shared fund pool distributed to the winning side, no house or market makers, and results relying on verifiable price oracles. The core team consists of about five people. $LNRA is the network token, and complete sales details will be announced in another document; badge holders can gain access to exclusive pools during sales by using the product.

Blockchain project Linera announced on social media that its token ticker is $LNRA. Linera is a Layer 1 network aimed at high throughput and real-time applications, utilizing a microchains-based architecture designed for parallel execution and low-latency interactions.Currently, the official announcement only discloses the token code information and has not yet synchronized the details of the token economics, total supply, distribution method, and launch trading time.