**Binance recently listed the Caldera (ERA)
- **Binance Listing and Airdrop:** Binance announced support for ERA through its HODLer Airdrops program, which rewards BNB holders with new tokens based on previous balance snapshots. Specifically, 20 million ERA tokens (2% of the total supply) were allocated for this airdrop, boosting demand and visibility.
- **Project Overview:** Caldera is a platform that enables developers to launch **scalable, customizable Layer 2 rollups** on Ethereum and BNB Chain. It positions itself as “the internet of rollups,” providing infrastructure for over 50 rollups and supporting 27 million wallets, with $400M–$600M in value secured.
- **ERA Token Utility:** ERA is the native utility token of the Caldera ecosystem, used for:
- **Gas fees**
- **Validator staking**
- **On-chain governance**
- **Tokenomics:** ERA has a fixed supply of 1 billion tokens, with 14.85% released at launch. Of the total, 7% is reserved for airdrops and 20 million tokens for marketing. The project is backed by major venture capital firms and follows a one-year cliff and two-year unlock schedule to promote long-term stability
- **Market Impact:** Caldera’s market cap surpassed $263 million on its first day, reflecting strong investor interest and positioning ERA as a significant new entrant in the Ethereum scaling and modular blockchain space.
