The $ERA token is the native utility and governance token of the Caldera ecosystem, a Rollup-as-a-Service platform on Ethereum. With a fixed supply of 1 billion tokens, ERA powers transactions, staking, and governance across Caldera's interoperable Layer-2 rollups. It facilitates omnichain gas fees, validator staking, and protocol decision-making via the Metalayer, enhancing scalability and cross-chain interactions. Launched on July 17, 2025, with a 7% airdrop (70M tokens), ERA has a circulating supply of ~148.5M tokens and a market cap of ~$148M. Listed on major exchanges like Binance and Coinbase, it surged 110-120% on debut, peaking at $1.88. Its thoughtful tokenomics, with multi-year vesting for team and investors, aim for long-term stability, but its success depends on developer adoption and market volatility.#Caldera @Caldera Official