Recently, I've been researching the ERA project, and the more I look at it, the more interesting I find it. To be honest, there are too many blockchain projects out there right now, but there are really not many like ERA that offer modular solutions. Last week, I specifically tried their testnet and found the operation to be quite simple; it was much easier to get started than I expected.
Speaking of token distribution, I think the ERA team is relatively generous. They reserved 30% for ecosystem development, and the portion held by the team also has a 4-year unlocking period, which is much better than those projects that go crazy cashing out as soon as they launch. However, I must remind you that although the current staking yield looks very tempting, this high yield really can't be maintained for long, as clearly stated in the official white paper.
Price volatility is truly a love-hate situation. I've noticed a particularly interesting phenomenon: every time there is a slight movement in major exchanges, the price of ERA seems to take a roller coaster ride. This indicates that the market's attention to this project is indeed high, but it also reflects that the price is still not stable enough.
When it comes to risks, I think there are two main concerns: one is that the number of competitors in modular blockchain is increasing, especially with old players like Celestia having already seized the opportunity; the other is whether the team can actually implement the technology, as there are indeed too many projects that just talk big. My approach is this: hold a portion of long-term positions steady, and then use some small funds for short-term trades, so that regardless of how the market changes, I won't be too passive. @Caldera Official
#Caldera $ERA