What is Caldera ERA?
Caldera is a platform that provides a decentralized infrastructure that enables projects to build custom Layer 2 Rollups using technologies such as Optimistic Rollups or zk-Rollups.
ERA is a product or network built on Caldera, aiming to provide a faster and cheaper trading and transaction experience compared to mainnets, while maintaining the security of Ethereum.
1. A solution for clustered and customizable L2 networks without the hassle of complex development.
Caldera provides what is known as Rollup-as-a-Service, an integrated platform that allows developers to easily launch custom Layer-2 networks (such as Optimism, Arbitrum, or zkSync) using the Rollup Engine and the Metalayer, which connects these networks to facilitate messaging and trading between networks without a complex architecture.
2. $ERA token as a single, universal fuel (omnichain gas) and centralized payment method.
ERA is used as the payment currency for all fees across Caldera networks, regardless of the type of rollup used, reducing chaos and increasing liquidity within the integrated ecosystem.
3. A key role in securing the network and earning rewards through staking.
ERA holders can participate in securing the network and contribute to the verification of messages passing between networks through the staking mechanism, enabling them to earn rewards—which enhances the practical utility of the token.
4. Enabling decentralized governance and a gradual shift of decision-making to the community.
The ERA token gives holders voting rights on protocol updates, grant allocations, and technical standards through a gradually rolled-out intelligence system, initially overseen by the Caldera Foundation and later transitioning to organized community management.
5. A strong launch with financial backing and rapid adoption with widespread trading.
The project has raised ~$25 million in funding, including $15 million in a Series A round.
The ecosystem's TVL has exceeded $400–600 million, with more than 50 networks launched within the platform.
The token's launch saw an immediate surge of over 110% on its first day, reaching a price of nearly $1.80. It was listed on major platforms like Binance, with the "Experimental" and "Seed" designations indicating early growth.
The platform also launched an Airdrop campaign with 7% of the total supply (70 million $ERA ) to reward early adopters and contributors to testing and system creation.