@Caldera Official
ERA token, the native utility and governance token for the Caldera ecosystem, is used for gas fees on the Metalayer, staking for network security, and governance voting. It also plays a role in the Era Swap Ecosystem and THE9 Token Economy. The token's utility spans across transaction fees, governance participation, and ecosystem incentives.
Here's a more detailed breakdown:
1. Caldera Ecosystem (ERA Token):
Native Utility Token:
ERA is the core token of Caldera, a platform aiming to connect and standardize rollups on Ethereum.
Gas Fees:
ERA is used to pay for transaction fees when interacting with the Metalayer, which facilitates communication between different rollups.
Staking & Security:
Validators stake ERA to secure the network, verify cross-rollup messages, and support features like ZK proof generation.
Governance:
ERA holders can propose and vote on protocol changes, grant funding, and elect governance roles within the Caldera ecosystem.
2. Era Swap Ecosystem (Era7):
Multifaceted Utility:
The Era7 token serves as a utility token in the Era Swap Ecosystem, with functions in governance, staking, and transaction fee adjustments.
Governance:
Era7 enables holders to participate in decision-making processes within the Hera Finance project and the broader Era Swap Ecosystem.
Fairness and Transparency:
The token is used to reduce swap fees and support buyback initiatives, contributing to a fairer and more transparent environment.
