Many people regard ERA as just an ordinary token, but if you look closely, it actually has three identities.
First, it is fuel. In the Caldera ecosystem, cross-chain interactions and on-chain operations require transaction fees, and ERA is the medium of payment, serving as the energy that drives the entire network.
Second, it is a governance tool. Those who hold ERA can vote to decide the upgrade path of the network, the fee structure, and even the use of community funds, akin to a shareholders' meeting for the network.
Third, it is a security guarantee. As the Caldera network expands, ERA will take on the role of staking to protect the system from attacks.
These three identities make ERA indispensable. You can think of it as a multifunctional card, serving as a pass on the highway, a wallet for paying at gas stations, and a voting right to determine traffic rules.
This design is not meant to add gimmicks but to ensure the operational efficiency and long-term stability of the ecosystem. For the entire network, ERA is not an isolated token but a core element that sustains its operation; it is both the blood and the skeleton.
