Recently, I have been researching the ERA project and found it quite interesting. As a modular blockchain solution, its biggest highlight is that it allows developers to easily build their own blockchains like assembling building blocks. I tried their testnet, and the user interface is indeed quite friendly, much simpler than traditional chain issuance methods.
From an investment perspective, the tokenomics design of ERA is relatively reasonable. With a total supply of 10 billion, 30% is allocated for ecological development, and the team portion has a 4-year unlocking period. This distribution method is much more reliable than those projects that crash right after launch. However, it is important to note that although the staking returns look attractive now, the official has clearly stated that this high yield is only temporary and will be adjusted according to market conditions.
Regarding prices, there has indeed been significant volatility recently. I observed an interesting phenomenon: each time Binance takes new actions, the price experiences a noticeable fluctuation. This indicates that market sentiment has a considerable impact on this project, and I recommend that everyone not only focus on short-term ups and downs but also pay more attention to the project's actual progress.
Speaking of risks, I think the two main points to focus on are: first, the competition among similar projects is fierce, with established players like Celestia already having a head start; second, how capable the team is in terms of technical implementation, as there are currently too many projects that are overly hyped. My personal strategy is to hold a portion of long-term positions and use a small part of the funds for swing trading, so that regardless of how the market moves, I won't be too passive. @Caldera Official #Caldera $ERA
