What is Caldera Crypto (ERA Token)?
Caldera started as a leading rollup platform. Now, it has evolved into something more ambitious: the creator of Ethereum’s first Metalayer. Originally launched in 2023 as a Rollup-as-a-Service (RaaS) platform, Caldera enables projects to deploy customized rollups with a single click across multiple frameworks including Optimism, Arbitrum, ZKsync, and Polygon stacks.
The platform has rapidly grown to become one of the fastest-growing rollup ecosystems globally. It empowers web3 teams to customize and launch over 60 high-performance rollups. Today, the Caldera ecosystem comprises 1.8 million unique wallets holding over $550 million in Total Value Locked (TVL), with more than 80 million completed transactions. Notable chains in the ecosystem include Manta Pacific, inEVM by Injective, ApeChain, Treasure, Plume Network, Towns, Kinto, RARI Chain, and Zero Network by Zerion.
ERA is Caldera’s native token. It serves as the backbone of the Metalayer protocol, powering both utility functions and governance decisions. The ecosystem is transitioning from a simple RaaS platform to a comprehensive rollup abstraction layer. ERA token holders gain several key powers: participate in governance, stake for network security, and facilitate cross-chain operations.
Key Features and Advantages of Caldera Crypto (ERA Token)
👉The Metalayer: A Unifying Infrastructure
The Caldera Metalayer represents a paradigm shift in rollup architecture. It functions as a unifying layer for all Ethereum rollups. This system enables seamless coordination, communication, and resource sharing. Most importantly, it preserves each rollup’s individual characteristics.
👉Core Technical Capabilities
Message Passing and Relaying: The Metalayer enables efficient communication between rollups. Here’s how it works: a decentralized validator network relays messages from source chains to destination chains. This system uses an M-of-N signing threshold (where N is greater than 2). This means no single party can unilaterally censor or relay messages.
Fast Finality and Preconfirmations: The system enhances transaction speed and security by delivering web2-like user experiences through advanced finality mechanisms that reduce settlement times across participating rollups.
Guardian Nodes: These provide additional security layers and enable community participation in rollup operations, allowing web3 teams to enshrine Ethereum’s decentralization values at the network level.
👉Advanced State Management
The Metalayer validators post aggregate hashes of state roots from all participating chains, enabling users on any chain to submit Merkle proofs of state from other chains. This creates unprecedented cross-chain state accessibility while maintaining security guarantees.
👉Native Yield Distribution
The system delivers building blocks for seeding eosystem-native economies where value accrued is distributed among the most passionate and dedicated stakeholders, creating sustainable economic incentives for long-term participation.
👉Developer-Friendly Platform
The Metalayer elevates the developer experience on Ethereum by providing tools that enable high-performance, user-friendly applications while leveraging the strengths of different rollups and mitigating their individual limitations.
ERA Tokenomics and Distribution
Here’s how ERA tokens are distributed. The structure supports long-term ecosystem growth while ensuring balanced participation across all stakeholder groups:
👉Airdrops: 7.0% – Distributed to top Caldera community members, Caldera chain users, and participants on leading Layer 2 networks to reward early adoption and ecosystem engagement.
👉Foundation (Community and Foundation Treasury): 35.94% – Allocated directly to the Caldera Foundation for protocol stewardship and ecosystem development. A significant portion will be delegated to community control through DAO governance mechanisms.
👉R&D: 10.235% – Reserved for core developers to fund future research, development, and ecosystem initiatives including protocol maintenance, team expansion, and programs supporting rollup developers, infrastructure providers, and node operators.
👉Core Team: 14.75% – Allocated to members of Constellation Labs, the first core contributor to Caldera, ensuring long-term alignment with project success.
👉Investors: 32.075% – Distributed to early investors of Constellation Labs across four funding rounds (pre-seed, seed, strategic, and Series A), providing the capital foundation for platform development.
The unlock schedule follows a structured approach designed to prevent market disruption while ensuring sustainable token distribution. Specific vesting periods and cliff schedules apply to different allocations, with the airdrop portion being immediately available to support community engagement and adoption.
Overview of Binance HODLer Program and it's Benefits
The HODLer Airdrops program is tailored for BNB holders, rewarding them and enabling them to benefit from future token listings on Binance. By distributing tokens based on historical snapshots of users’ BNB balances, Binance uses a retroactive mechanism to recognize users for their past behavior, while providing a platform for emerging projects to reach a wider audience.
To join the HODLer Airdrops, users must subscribe their BNB to Simple Earn Flexible or Locked Products. The airdrops are based on random historical snapshots of users’ BNB balances. If a snapshot shows BNB in Simple Earn, users may qualify for a HODLer Airdrop and be rewarded for their past behavior and holdings. Once an airdrop is announced, eligible users will receive tokens in their Spot Wallets within 24 hours. The tokens distributed through this program come from small to medium-sized projects set to be listed on Binance.
The HODLer Airdrops program provides additional rewards and benefits on top of existing perks. BNB holders subscribed to Simple Earn products will continue to earn regular yields, ensuring a steady stream of passive income. Participants also remain eligible for Binance’s Launchpool, allowing them to earn tokens from other upcoming projects. Additionally, users may receive extra rewards through the ‘Megadrop’ program, which offers additional tokens and benefits.