The distribution design of the ERA token can be described as a 'textbook of Web3 economics':
7% Airdrop: Rewards for early testnet users and Layer 2 ecosystem contributors, such as developers who deploy on the Caldera chain before February 2025.
• 35.94% Foundation Treasury: Gradually released through DAO governance, used to fund long-term projects such as Metalayer upgrades and subnet development.
• 10.235% R&D Fund: Directly supports the Constellation Labs team development, ensuring synchronized technological iteration and ecological expansion. This 'cliff + linear unlocking' mechanism (e.g., the team's share lock-up period is 12 months) avoids early selling pressure while binding the core team’s and community's interests.
2. Staking Economy: From 'Passive Holding' to 'Active Governance'
The staking mechanism of the ERA token disrupts the traditional PoS model:
• Network Security: Nodes must stake ERA tokens to participate in the fraud proof system, with the staking amount directly affecting block validation weight.
• Subnet Access: Developers must stake ERA tokens to obtain an 'ecological pass' when creating custom Rollups (e.g., ZK subnets focused on privacy).
• Governance Voting: Holders can decide on core matters such as fee distribution and foundation board elections through on-chain proposals (CIP). By August 2025, the community has passed the CIP-003 proposal, directing 10% of the ecological fund into an AI-driven cross-chain oracle project.
