The 'Anti-Involution' Economic Model of $ERA : Why Its Value Does Not Rely on 'Speculation' but on 'Usage'
The 'involution' tactics of the crypto market are similar: project teams rely on inflation to distribute rewards, drive up new coin prices, and then exit after harvesting profits. However, Caldera's $ERA has taken a different path—its value growth does not depend on 'hype', but comes from 'each usage of the Rollup internet'.
First, let's look at the 'Three No Principles' of $ERA :
- No Excessive Issuance: A total supply of 1 billion coins, 40% allocated to the team and treasury (unlocked over 4 years), 32% to investors (with lock-up), 21% for the ecosystem (gradually released), and 7% airdropped to the community, with no unlimited inflation mechanism;
- No Dependence on Staking Annual Returns: Node rewards come from cross-chain transaction fee sharing, not from newly minted tokens; the earnings entirely depend on ecosystem activity;
- No 'Pump and Dump' Governance: Voting rights are linked to staking amounts, but proposals focus on 'technical upgrades' and 'ecosystem support', rather than 'how to drive up prices'.
Next, let’s examine its 'Sources of Value': Every time a new Rollup connects to Metalayer, each cross-chain transaction occurs, and every time institutions use it to issue assets, ERA will be consumed (for Gas payment) or locked (for staking requirements). For example, if a certain chain game has 100,000 daily active users, and it consumes 10,000 ERA daily for cross-chain operations, these ERA will either be burned or distributed to nodes, reducing circulation while demand increases.
This model of 'usage creating value' makes the price fluctuations of $ERA more 'healthy': during corrections, there is support from real demand, and during increases, there is confidence from ecosystem growth. @Caldera Official uses ERA to prove: the future of crypto tokens should not be 'casino chips', but 'mediums of value exchange'.
