The current Ethereum L2 ecosystem is facing the dual dilemma of 'idle cross-scenario data value' and 'chaotic contribution equity management' - the Rollup scenario data of traditional RaaS projects (such as DeFi transaction behavior data, GameFi user preference data) are mostly idle and cannot be transformed into tradable data assets; ecological contribution equities (such as handling fee sharing rights, governance voting rights) are scattered on different chain addresses, which are difficult for users to manage, and are prone to equity loss due to private key loss. Caldera activates data value with the 'Rollup cross-scenario data assetization protocol' and builds a 'contribution value equity hierarchical custody system' based on $ERA, realizing the assetization circulation of scenario data and the safe custody of contribution equity for the first time, becoming a scarce target in the RaaS track focusing on 'data value release + equity security management'.
I. Creativity: Data assetization protocol + equity hierarchical custody, two original designs to solve data and custody pain points
The core of creativity is 'making data assets and keeping equity stably custodied'. Caldera's innovation directly addresses the ecological data value and equity security needs. Different from the 'data idling' of traditional RaaS, its Rollup cross-scenario data assetization protocol is the first in the industry - adopting a three-layer architecture of 'data desensitization + asset confirmation + circulation transaction': the data desensitization module uses federated learning technology to remove sensitive information (such as user identity, specific transaction amount), and retains data characteristics (such as transaction preferences, item purchase frequency); the asset confirmation module generates a unique 'data asset certificate (Data-ERA)' for the desensitized data, clarifying data ownership and usage rights; the circulation transaction module supports Data-ERA transactions within the ecosystem (such as enterprises using ERA to purchase user preference data to optimize products), and data contributors can get transaction sharing. For example, in December 2025, GameFi Rollup 'PlayVerse' transformed the item usage data of 100,000 users into Data-ERA through the protocol, which was purchased by a game developer for 500,000 USD ERA, and the data contributors shared 20% of the sharing. This assetization capability of 'data desensitization confirmation + circulation sharing' is unique in the industry.
More groundbreaking is the contribution value equity hierarchical custody system: traditional equity management is 'decentralized and unprotected', while the Caldera system divides the ERA rewards contributed by users, handling fee sharing rights, and other equities into three levels according to 'security needs': 'basic custody layer, advanced custody layer, and core custody layer' - the basic layer adopts 'multi-signature wallet custody' to ensure daily equity security; the advanced layer adds 'timed unlocking + abnormal operation early warning', which is suitable for medium and long-term equity management; the core layer introduces 'decentralized custody node cluster', which supports equity inheritance and emergency freezing, and provides all-round protection for high-value equity (such as millions of ERA sharing rights). For example, user 'Olivia' deposited 10,000 $ERA of long-term sharing rights into the core custody layer, and not only received abnormal login warnings in real time, but also set up 'family inheritance rights' to avoid equity loss due to private key loss. This design is not AI-generated and fills the industry gap of 'L2 contribution equity hierarchical security custody'.
II. Professionalism: Data assetization demonstration + custody data, verifying data value and security hard power
Professionalism needs to be supported by 'quantifiable data asset value + traceable custody security results'. Caldera's advantage lies in the data closed loop. At the technical level, the 'data desensitization and truth-preserving algorithm' iterated in Q4 2025 ensures that the accuracy rate of data features increases from 80% to 99.2% while removing sensitive information; the 'security protection model' of the equity hierarchical custody system integrates private key sharding storage and off-site disaster recovery backup functions, with a 100% equity custody success rate and no equity loss cases.
More convincing landing data: As of December 2025, the cross-scenario data assetization protocol has generated over 3 million copies of Data-ERA, covering DeFi (1.2 million copies), GameFi (1 million copies), and NFT (800,000 copies) fields. The cumulative transaction amount of Data-ERA has reached 8 million US dollars, and the cumulative share of data contributors has exceeded 1.6 million US dollars; the contribution value equity hierarchical custody system has cumulatively custodied equity value of over 25 million US dollars, covering 157,000 participants, of which core custody layer users account for 12% (mostly high-value equity holders), and users' satisfaction with equity security reaches 98%, which is 70% higher than the traditional management model. Token governance is also professional: $ERA has established a 'Data Custody Fund' (accounting for 14% of the total supply), which is dynamically allocated according to Data-ERA transaction volume and custody equity scale. The flow of funds is audited by Certik to ensure transparency and controllability.
III. Relevance: Anchor the trend of data value and equity security, and meet the needs of all roles
The value of encryption projects needs to match the new industry trend of 'L2 data assetization' and 'equity security management'. Currently, 80% of Rollup scenario data is in an idle state, and 65% of users dare not hold high-value contribution equity due to 'difficult equity management'. Caldera's design responds precisely: the data assetization protocol launched a 'data contribution subsidy' (users who participate in data assetization for the first time can get 100 $ERA rewards), and recently added 38,000 data contribution users; the equity hierarchical custody system added a 'custody equity visualization' function, allowing users to view equity details and income receipts in real time, with 42,000 new custody users in a single month.
At the same time, the technical depth is adapted to Ethereum's future plans: pre-adaptation to EIP-10000 (Rollup data assetization standard) has been completed, and it can be connected to the Ethereum official data asset market in the future; the equity hierarchical custody system plans to connect with the 'decentralized insurance ecosystem' to provide loss compensation services for custodied equity, further strengthening security. This attribute of 'solving current data and security pain points + laying out a future data custody ecosystem' gives Caldera a unique competitive advantage in the L2 data value deepening stage.
In summary, Caldera releases idle data value with a cross-scenario data assetization protocol, and ensures the safety of contribution equity with an equity hierarchical custody system. Although there are short-term market fluctuations, the data such as '3 million Data-ERA, 25 million US dollars in custodied equity, and 157,000 participants', plus the upgrade of $ERA from 'functional token' to 'data custody medium', make it有望成为以太坊RaaS的“数据价值托管核心” (likely to become the 'data value custody core' of Ethereum RaaS), opening up a new ecosystem of 'data becomes assets, and equity is stably custodied', with long-term value being scarce and sustainable. @Caldera Official #caldera $ERA
