What is Caldera ERA?
Caldera is a platform that provides decentralized infrastructure enabling projects to build customized rollup pools on layer two using technologies such as Optimistic Rollups or zk-Rollups.
ERA is a product or network built on Caldera, aiming to provide a faster and cheaper trading and transaction experience compared to main networks, while maintaining the security of Ethereum.
1. A solution for aggregated and customizable L2 networks without the hassle of complex development.
Caldera offers what is known as Rollup-as-a-Service, an integrated platform that enables developers to easily launch custom Layer-2 networks (such as Optimism or Arbitrum or zkSync) using the aggregation engine and Metalayer, which connects these networks to facilitate messaging and trading between networks without the need for complex infrastructure.
2. A universal token $ERA (multi-chain gas) and a centralized payment method.
The ERA coin is used as a payment currency for all fees across Caldera networks, regardless of the type of aggregation used, reducing clutter and increasing liquidity within the integrated ecosystem.
3. A key role in securing the network and earning rewards through caching.
ERA holders can participate in securing the network and contribute to verifying messages exchanged between networks through a caching mechanism, allowing them to earn rewards, thus enhancing the practical utility of the currency.
4. Enabling decentralized governance and gradually transferring decision-making processes to the community.
The ERA token grants its holders voting rights on protocol updates, grant allocations, and technical standards through an information system that is gradually implemented, initially overseen by the Caldera Foundation, and later transitioning to organized community governance.
5. Strong launch with financial backing and rapid adoption through widespread trading.
The project raised approximately $25 million in funding, including $15 million in a Series A funding round.
The total value of assets (TVL) in the ecosystem exceeded between $400 and $600 million, with over 50 networks launched within the platform.
The launch of the token saw an immediate spike of over 110% on its first day, reaching a price of nearly $1.80. The token was listed on major platforms such as Binance, where the labels 'experimental' and 'seed' indicate early growth.
The platform also launched an airdrop campaign of 7% of the total supply ($70 million ERA) to reward early users and contributors in testing and creating the system.