In August 2025, Caldera technology was applied to Hong Kong's first silver RWA project:
• Tokenization Process: The physical silver of Tianshi Resources is on-chain via HashKey Chain, with ERA tokens serving as a cross-chain settlement medium to achieve real-time mapping of "off-chain assets - on-chain certificates."
• Financial Innovation: Aide Financial launched derivatives based on silver tokens, allowing investors to engage in leveraged trading through the Caldera chain, while ERA stakers receive a share of transaction fees.
• Compliance Breakthrough: This project passed the Hong Kong Securities and Futures Commission's sandbox regulation, validating the technical feasibility of Caldera in the integration of traditional finance and Web3.
Three, Technical Moat: "Modularity + Interoperability" as Dual Barriers
Caldera's competitive advantage lies in its "four-layer architecture":
1. Execution Layer: Compatible with EVM/SVM/FuelVM, supporting diverse applications such as DeFi protocols and AI oracles.
2. Settlement Layer: Inherits the security of Ethereum and Polygon, while achieving "trustless data availability" through EigenDA V2.
3. Interoperability Layer: The Metalayer protocol enables ERA tokens to be exchanged across chains for assets like USDC and BNB, enhancing liquidity efficiency by 300%.
4. Governance Layer: On-chain voting combined with foundation governance ensures a dynamic balance between technological upgrades and business needs.
