The Utility of the $ERAToken
The $ERAtoken is the engine that powers the entire Caldera ecosystem. It's more than just a token; it's the core of the project's utility and security. Here's how it's used:
๐น Fees: $ERA is used for transaction fees across all Caldera rollups.
๐น Staking & Security: Holders can stake $ERA to help secure the network and validate cross-chain messages on the Metalayer.
๐น Governance: The token gives holders governance rights, allowing them to participate in key decisions about protocol upgrades and future direction.
This multi-faceted utility aligns incentives for all stakeholders and makes $ERA a critical component of the project's long-term success.