Dev Ethereum Focused Altcoin Airdrop is Coming: Here are the Details and Amount!

Modular blockchain infrastructure provider Caldera announced the launch of its native token ERA, which will be used for on-chain transactions, staking, and governance.

Caldera, which enables the creation of fast and private rollup chains among Ethereum Layer 2 ecosystems, has taken a significant step to grow its own ecosystem and transition to decentralized governance. According to the company's official statement, the total supply of the ERA token will be 1 billion units, and 7% of this will be distributed to community members and ecosystem participants. Users who want to receive the token must register on the special claim page before the launch.

The ERA token will primarily serve three different functions. First, the omnichain feature token will be used for gas fee payments. Additionally, it will enhance network security in cross-chain message validation through staking, and thirdly, it will guide decentralized governance processes through on-chain voting.

The infrastructure provided by Caldera makes it possible to create modular rollup chains on Ethereum-based Layer 2 platforms such as Arbitrum, Optimism, Base, and ZKsync. The company ensures the sharing of liquidity and easy transitions between chains by connecting these chains through a protocol called Metalayer.

Founded in 2022 and raising a total of $25 million with a $15 million investment round led by Peter Thiel's Founders Fund, Caldera currently provides infrastructure for over 50 rollup chains, with a total value of assets locked in these chains exceeding $400 million.

Caldera announced that it will distribute ERA tokens to users who registered before the launch via airdrop. Users need to register in advance on the specified claim page to benefit from the token.