Linera Opens LNRA Community Round Pre-Registration, Subscription from Sept 1-8

Linera, the underlying protocol for real-time market applications, announced the opening of pre-registration for the $LNRA community round, targeting traders, badge holders, community members, and external participants, allowing token purchases before Season 1 and the TGE. Pre-registration runs until September 1 UTC, with the subscription period from September 1 to 8 UTC, conducted via sale.linera.net using USDC on Base at a fixed price / FDV. Round pricing and size will be announced on August 28.

The round is divided into a reserved pool prioritizing 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 on portal.linera.net, with higher tiers and points determining priority in the reserved pool; the open pool is allocated pro-rata, with a single wallet cap of $100,000. Each $1 committed earns 1 Commitment Credit, applicable to fee-free trading volume in Season 1 on app.linera.xyz, with refunded portions also counted.

According to the introduction, 65% of the total supply is allocated to the community (including reserves and this presale), with investors and early contributors holding a combined 25%, subject to a three-year vesting from launch. Linera states it currently has approximately 50,000 traders, over 80 million predictions, and more than 2 billion test transactions, approaching mainnet launch.