🔸The ERA token is the native utility token of the Caldera ecosystem. The token is used for a variety of purposes, including:
Gas fees: ERA is used to pay transaction fees through the Metalayer, supporting interactions between rollups.
Staking and network security: Validators stake ERA to help secure the network, verify messages between rollups, and support future subnets such as those involved in generating ZK proofs.
Governance: ERA holders can propose and vote on changes to the protocol, allocate funds, and elect members for roles such as the security council. While initial governance is driven by the Caldera Foundation, long-term decision-making will shift to on-chain community voting.
$ERA
$SOL
Gas fees: ERA is used to pay transaction fees through the Metalayer, supporting interactions between rollups.
Staking and network security: Validators stake ERA to help secure the network, verify messages between rollups, and support future subnets such as those involved in generating ZK proofs.
Governance: ERA holders can propose and vote on changes to the protocol, allocate funds, and elect members for roles such as the security council. While initial governance is driven by the Caldera Foundation, long-term decision-making will shift to on-chain community voting.
$ERA
$SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ERA
1.2414
+1.93%
