The "Dual Identity" of Token $ERA : Both a Tool and the "Voting Right" of the Ecosystem

The ERA token in the Caldera ecosystem is not just a simple "coin"; it has two key identities that are essential for the ecosystem to function.

The first identity is as a "Utility Tool." Just like you need fuel to drive a car, you need ERA to perform tasks on the Caldera chain: transferring funds, paying gas fees, cross-chain transaction fees, and even using certain advanced features (like custom data storage) require it. More conveniently, regardless of which chain you are on (whether Manta Pacific or ApeChain), ERA is universally applicable, without the need to exchange it back and forth.

The second identity is as a "Governance Certificate." The direction of the ecosystem is not decided arbitrarily by the project team but is determined by the votes of the token holders. For example, should we support a new Rollup framework? How much should the cross-chain fee for the metal layer be? Even whether to adjust the economic model of the ERA token must be approved by vote.

This "dual identity" makes ERA not just a "trading target," but also a "link of interests" in the ecosystem. Token holders can not only use it to earn money (by staking for rewards and benefiting from ecological development driving the token price) but also participate in decision-making, truly achieving "co-construction and sharing."

Currently, its price is 0.8426. Although there are short-term fluctuations, observing the 27 million active wallets in the ecosystem, the foundation of its long-term value is actually quite stable. @Caldera Official #Caldera