With the current intense competition in Layer2, what makes ERA stand out? I carefully studied the Caldera project and found that its model is indeed a bit different.
Caldera's three major advantages
1. Modular architecture: Developers can choose their own execution layer and settlement layer, and can build a chain in just 5 minutes, which is much faster than traditional solutions.
2. Cross-chain instant transfer: Using Metalayer technology, transfers can happen in 2 seconds without waiting for bridge confirmations.
3. Capital support: Top institutions like Sequoia and Founders Fund invested $24 million, indicating market recognition.
Where is ERA's value?
- Basic demand consumption: 60% of DApp developers are hoarding ERA, as it is necessary for on-chain operations.
- High yield staking: An annualized return of 15% has attracted many long-term holders, reducing sell pressure.
- Ecological cooperation: Collaborations with major projects like Celestia and Injective, with potential for more integrations in the future.
Is it worth investing in?
Opportunities: If Caldera becomes the leader in RaaS, ERA could become a core asset in multi-chain ecosystems, similar to ETH.
Risks: The technology still needs time to implement, and the SEC has recently been strict on staking regulations, so policy changes should be monitored.
Conclusion: ERA is not just a governance token; it acts more like the 'fuel' for the Caldera ecosystem. If Layer2 continues to explode, its potential will be significant. However, thorough research is essential before investing; do not follow the crowd blindly!
