ERA Token Economy: Distribution Mechanism and Core Function Analysis
The total supply of ERA tokens is 1 billion, with an initial circulation of 14.85% (148.5 million). In its distribution mechanism, retroactive airdrops account for 30%, rewarding early testnet users and community contributors; the team and advisors account for 20%, with a linear unlock over 2-4 years; investors and reserves account for 30%, used for ecological construction and strategic support; ecological incentives account for 20%, used for liquidity mining, development bounties, etc. The core functions of the ERA token include serving as the universal Gas token for all Caldera Rollup chains, future support for fraud proof and data availability staking (expected annual yield of 8-15%), and allowing holders to participate in protocol upgrade governance through voting.