Coinbase will add support for Caldera (ERA) on the Ethereum network (ERC-20 Token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
Caldera(ERA) is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Instead of optimizing a single blockchain, Caldera allows projects to launch customizable rollups while maintaining Ethereum's security and decentralization. The platform introduces the Metalayer, a unifying layer designed to connect rollups across Optimistic and Zero-Knowledge (ZK) frameworks. This enables coordination, communication, and resource sharing while preserving the distinct features of each rollup. Caldera's native utility and governance token, $ERA, is used for: - Transaction fees within the Metalayer for cross-rollup interactions. - Staking for validator nodes participating in the network. - Governance decisions on protocol upgrades and treasury allocations.