According to Huoxing Finance, Layer1 blockchain Linera posted on X that the LNRA community round commitment period has ended without reaching the minimum target of $1.5 million in USDC. A total of 617 participants from 69 countries committed $848,271 in USDC. The related website will soon be updated to begin processing refunds, which will be returned to the same wallets used for the original commitments. An announcement will be made separately when refunds go live, and further updates will be released after the refund period concludes.
Layer1 Blockchain Linera's Community Round Falls Short of $1.5M Goal
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Summary
Layer 1 blockchain news: Linera’s LNRA community round failed to reach its $1.5 million USDC target, with 617 participants from 69 countries committing $848,271 USDC. The project will now process refunds to original wallets. A blockchain upgrade is not currently planned, with further updates to follow after the refund period.
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