@Caldera Official ERA is the official token of the Caldera project. Caldera is a platform on the Ethereum network that provides "Rollup as a Service (RaaS)", dedicated to solving issues such as high transaction fees and slow processing speeds on Ethereum through a flexible, secure, and high-performance platform. The total supply of ERA tokens is 1 billion, with the first issuance date on February 16, 2022, and the opening price on the first day was $0.9996, belonging to the public chain BscScan.

Core Functions of ERA Token

Universal Gas Payment Token: As a unified Gas payment tool on all Caldera Rollups, it simplifies the transaction process and avoids frequent switching between different tokens.

Staking Guarantees System Security: Validators can stake ERA to ensure the security of cross-chain message verification and participate in the fraud proof mechanism to receive rewards.

On-chain Governance Rights: Users holding ERA can initiate proposals, participate in discussions, and vote to decide on protocol upgrades, fee settings, and project funding. Initially, governance is managed by a centralized council, and as development progresses, governance rights will gradually transition to the community. In the future, ERA holders will have the right to elect subcommittees to oversee key technical decisions and promote community-led upgrade processes.

ERA Token Distribution Plan

Retrospective Airdrop: 7% (i.e., 70 million) of the total supply of 1 billion will be allocated for a retrospective airdrop to reward early users, testnet contributors, and ecological partners, who can register through the official claim page before 12:00 UTC on July 17. Additionally, 30% will be used for the retrospective airdrop.

Team Advisors: 20%.

Investor Reserve: 30%. #ERA

Ecological Incentives: 20% #Caldera