I took a look at some structural components of this coin.

“Token issuance + Airdrop + Community-driven”

1. Total Supply & Initial Circulation

The total amount of ERA is locked at 1 billion, and there will be no further issuance, which is already quite solid.

At the time of listing, approximately 148.5 million ERA was circulating in the market, which is about 14.85% of the total supply.

2. Binance's 20 million ERA HODLer Airdrop (accounting for 2%)

Binance has launched the HODLer Airdrop event, distributing 20 million ERA to users holding BNB (participating in Simple Earn or On-Chain Yields) based on a snapshot, accounting for approximately 2% of the total supply. This airdrop will be directly credited to the Spot wallet, about 1 hour before the listing.

3. Retro-Airdrop: Rewards for early contributors (approximately 7%)

Caldera is very friendly to early testers, community builders, and ecological collaborators, **specifically allocating 7% (i.e., 70 million ERA)** as a retro-airdrop, allowing contributors to claim it through the official claiming contract. This step is not a gimmick; it is a real contribution in exchange for real rewards.

4. A more complete token distribution structure

Overall, Caldera has disclosed a more detailed distribution chart on sources like Medium and Bitrue:

Early Investors & VCs (such as Sequoia, Dragonfly, Founders Fund): approximately 32.075% (321 million ERA)

Community Treasury (including future airdrops): 21% (210 million ERA)

Foundation: 14.94% (approximately 149.4 million ERA)

Core Team: 14.75% (approximately 147.5 million ERA)

Research and Development Fund: 10.235% (approximately 102.3 million ERA)

Airdrop (including retro + marketing): 7% (70 million ERA)

This distribution design looks very much like a carefully planned incentive mechanism, catering to long-term investors while also maintaining the enthusiasm of the community and development team.

In simple terms, the total amount of ERA is 1 billion, and at the beginning of the listing, approximately 148.5 million (about 15%) was circulating in the market. Binance is very aggressive, directly giving 20 million ERA to BNB holders, which is a direct airdrop accounting for 2%. In addition, Caldera has also conducted a retro-airdrop for early testers, communities, and contributors, amounting to about 70 million (7%). The remaining amount is allocated to investors, foundations, teams, community treasury, R&D, etc., with a clear distribution. With deflationary measures and a non-arbitrary issuance policy, along with a phased unlocking strategy, it can help everyone maintain long-term motivation.