🔐 ERA: Fuel, Security, and Governance in One Token
Caldera’s ERA token isn’t just a fee asset—it’s the connective tissue between all Caldera chains, validators, and governance functions. With a hard cap of 1 billion ERA, the token serves three core roles:
💸 Gas Across Rollups
Every Caldera-based chain uses ERA as its default gas token, standardizing fees across OP Stack, Arbitrum Nitro, zkSync Stack, and more via the Metalayer.
🛡 Validator Staking & Security
From Q4 2025 onward, validators will stake ERA to secure cross-rollup messaging and participate in Metalayer relays—earning protocol fees and inflationary rewards in return.
🗳 Governance Engine
ERA holders will vote on Caldera Improvement Proposals (CIPs), grant disbursements, validator parameters, and even council elections for technical and security oversight.
Tokenomics are designed with long-term alignment: only ~15% of supply is liquid today, and major investor/team unlocks begin mid-2026—giving the ecosystem time to grow before dilution ramps.
In short, ERA is more than gas. It’s Caldera’s digital constitution.
