Layer 1 blockchain protocol Linera has opened preregistration for the community round of its LNRA token sale. The preregistration window runs from now until Sept. 1, while the commitment period is scheduled for Sept. 1 through Sept. 8. The sale will be conducted through Sonar, a system operated by Echo, with subscriptions made in USDC on Base at a fixed price. Linera said it will disclose the token price and total sale size on Aug. 28. At the same time, the project released an overview of LNRA tokenomics. According to the supply allocation chart, 60% of total supply is set aside for community reserves, 10% for the foundation, 11.3% for investors, 13.7% for early contributors, and 5% for the community sale. Linera also said that tokens allocated to investors and early contributors, which together account for 25% of supply, will unlock gradually over three years after distribution.
Layer 1 blockchain protocol Linera has opened preregistration for the community round of its LNRA token sale. The preregistration period runs from now until Sept. 1, and the commitment period is set for Sept. 1 through Sept. 8.
Subscriptions will be handled through Sonar, a system operated by Echo, using USDC on the Base network at a fixed price. Linera said it will announce the pricing and sale size on Aug. 28.
LNRA token allocation
Linera also released an overview of LNRA tokenomics. According to its supply allocation chart, community reserves account for 60% of total supply, the foundation 10%, investors 11.3%, early contributors 13.7%, and the community sale 5%.
Tokens allocated to investors and early contributors, which together represent 25% of supply, will unlock in stages over three years after distribution.
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