Linera misses LNRA community sale target, to begin refunds

Layer-1 blockchain Linera said on X it will begin a refund process after failing to meet the target for its LNRA token community sale. A total of 617 participants from 69 countries committed 848,271 USDC in the round, falling short of the minimum target of 1.5 million USDC. The project said it will soon update the sale website to support refund requests, and the funds will be returned to the same wallets used for the original participation.