At the critical period of upgrading the Ethereum Layer2 (L2) ecosystem from 'asset on-chain' to 'value transfer', Caldera breaks the limitations of traditional infrastructure of 'value confirmation after solidification and cross-chain transfer without contracts', innovatively proposing the core concept of 'chain-reality value contract-based transfer', creating a three-dimensional system of 'value contract-based RaaS engine + chain-reality transfer hub + $ERA transfer value anchor'. This design not only solves the core pain points of 'difficult value splitting, unsecured transfer, and difficult risk control' in chain-reality integration but also enables 'trusted splitting, automatic transfer, and controllable risk' through 'contracts as a bond', becoming the first L2 chain-reality integration infrastructure to achieve a full-cycle closed-loop of 'value confirmation → contract splitting → cross-chain transfer'.
1. Technological innovation: Value contract-based RaaS engine, enabling chain-reality value to be 'splittable, transferable, and risk-controllable'
Caldera's technological breakthroughs are no longer limited to 'static confirmation', but transform chain-reality value (such as agricultural crop yield rights and industrial equipment residual value) into digital assets that can be 'contractually split and programmatically transferred', by upgrading the Rollup Engine and Metalayer, creating a technical foundation adapted for chain-reality value transfer, whose professionalism and innovation deeply align with the project's positioning of 'chain-reality integration underlying infrastructure'.
1. Decomposition of value factors and contract coding
Traditional L2 handling of chain-reality value is mostly 'overall confirmation', unable to split core value factors (such as 'quarterly yield rights' and 'land transfer rights' of farmland). Caldera's value contract-based RaaS engine is equipped with a 'value factor decomposition module', supporting the splitting of value according to industry scene needs and generating transfer contracts:
• Industrial value decomposition templates: For agriculture, industry, and retail sectors, providing visual decomposition tools— in the agricultural scenario, farmers can split '10 acres of wheat field' into '5 quarterly yield rights' (each corresponding to the yield of 2 acres of wheat field), and the engine automatically generates ZK value contracts containing 'profit distribution ratio and risk-bearing clauses'; in the industrial scenario, enterprises can split '1 machine' into '10 residual value rights', with contracts specifying 'equipment operation responsibility and residual value realization conditions', eliminating the need for professional coding skills, improving value splitting and contract generation efficiency by 95%;
• Programmable embedding of transfer rules: Contracts support embedding 'condition-triggered transfer rules'— agricultural income rights contracts can set 'when the wheat yield per acre ≥800 jin, the income rights automatically transfer to investors'; industrial residual value rights contracts can set 'if equipment runs over 5000 hours, the residual value rights are realized proportionally', with rules written into Rollup via smart contracts, automatically executed when conditions are met without manual intervention, with transfer trigger response time ≤ 1 second;
• ZK verification of value authenticity: The engine interfaces with industry data sources (e.g., agricultural IoT sensors, industrial equipment operation systems) to verify the authenticity of split factors through 'ZK value verification algorithms'—before splitting agricultural income rights, it is necessary to verify the ZK certificates of wheat field area and historical yield; before splitting industrial residual value rights, it is necessary to verify the ZK certificates of purchase invoices and operation records, ensuring that value splitting is 'anchored to real assets', with the false value splitting rate reduced to below 0.01%.
2. Cross-chain transfer contract automatic execution
In response to the need for 'cross-Rollup and cross-scenario transfer' of chain-reality value, the engine is equipped with a 'chain-reality transfer hub' to achieve trustless automatic transfer:
• Smart matching of transfer paths: The hub analyzes the 'value demand and liquidity scale' of each Rollup in real-time to match the optimal transfer path for value contracts—when agricultural income rights transfer from 'Agricultural Rollup' to 'DeFi Rollup', the path with 'liquidity exceeding $50 million and fees ≤0.1%' is prioritized, improving transfer efficiency by 80% and reducing costs by 40%;
• Multi-chain contract atomic execution: Supporting the full process of 'value splitting → cross-chain transfer → profit realization' in an atomic manner—farmers can split agricultural income rights into 5 parts and transfer them simultaneously to 3 different DeFi Rollups for financing. If any Rollup transfer fails, the entire process will automatically roll back, avoiding the risk of 'partial transfer failure after value splitting'. By the end of 2025, the cross-chain transfer success rate reached 99.93%;
• Contractual risk prevention and control: The hub has built-in 'risk hedging clauses', automatically generating 'risk reserves' (5% pledge of the transfer amount in $ERA) during value contract transfers. If profits cannot be realized due to industry risks (e.g., natural disasters leading to agricultural yield reduction), the risk reserves will prioritize compensating investors, and the difference will be deducted from the industry subject's pledge, reducing investor loss rates to below 1%.
2. Ecological innovation: Chain-reality value transfer network, creating a closed loop of value interconnection between 'industry and Web3'
Caldera abandons the traditional infrastructure ecological model of 'project isolation and value internal consumption', connecting industry and Web3 with 'value contract transfer' as the core, building a closed-loop ecosystem of 'value splitting → cross-chain financing → profit realization'. The scale and quality of its ecosystem are both centered on 'value transfer efficiency', aligning with the industry trend of chain-reality integration.
1. Landing of industrial value transfer: From 'asset on-chain' to 'value activation'
Caldera is no longer simply a 'confirmation tool', but a co-built 'value transfer solution' with industrial subjects, transforming chain-reality value from 'static assets' to 'financable, tradable' active assets:
• Agricultural field: Collaborating with a wheat planting cooperative in Shandong to co-build 'Agricultural Income Rights Transfer Rollup', where the cooperative splits 500 acres of wheat fields into 250 'quarterly income rights contracts', connecting with DeFi Rollups (e.g., Aave V3) through the transfer hub. Investors purchasing income rights contracts can obtain annualized returns of 8%-10%, and the cooperative receives planting funds in advance. By the end of 2025, the cumulative scale of income rights transferred by this Rollup reached $320 million, helping 1,200 farmers solve financing difficulties;
• Industrial field: Collaborating with a mechanical manufacturing company in Zhejiang, launching 'Equipment Residual Value Rights Transfer Rollup', where the company splits 100 machines into 1,000 residual value rights contracts, transferring them to a Web3 second-hand equipment trading platform. After purchasing the contract, buyers can receive equipment residual value or resell as agreed, shortening the equipment transfer cycle from 3 months to 15 days. By the end of 2025, the industrial value scale managed by this Rollup reached $580 million;
• Core ecological data: By the end of 2025, Caldera has supported the launch of over 85 mainnet Rollups, of which 'value transfer type Rollups' account for 50%. The total locked value (TVL) exceeds $1.3 billion (including $920 million in chain-reality transfer value), serving over 19 million independent wallet addresses, with cross-chain value contract transaction volume exceeding 7 million, upgrading the ecosystem from 'asset confirmation network' to 'chain-reality value transfer network'.
2. Web3 value collaboration: From 'single-chain transaction' to 'cross-chain transfer'
Caldera promotes collaboration among different Rollups in Web3 based on 'value contracts', amplifying the overall transfer value of the ecosystem:
• Agricultural income rights + DeFi collaboration: Agricultural Rollup's income rights contracts can be pledged to inEVM (DeFi Rollup) to obtain USDT loans. InEVM retrieves ZK value verification certificates through the transfer hub, eliminating the need for additional verification of contract authenticity, improving pledge efficiency by 80%, while the DeFi ecosystem introduces 'low-risk assets anchored to real goods', reducing the bad debt rate to below 0.2%;
• Industrial residual value rights + NFT collaboration: The equipment residual value rights contracts of industrial Rollup can be minted as 'residual value NFTs', traded on the RARI Chain (NFT Rollup), with NFT attributes and contract terms synchronized in real-time (e.g., after updating equipment operation records, NFT attributes automatically adjust), enhancing the liquidity of industrial residual value rights by 65%, attracting over 100,000 Web3 users to participate in trading;
• Innovative incentive mechanism: Launching the 'transfer contribution value system', where ERA incentives are linked to 'value transfer scale (40%), contract performance rate (30%), and transfer cost reduction amount (30%)'— for every additional $10 million of transfer value in industrial Rollup, a $70,000 ERA reward is granted; for every $5 million of transfer value undertaken by Web3 Rollup, a $15,000 $ERA reward is granted, with a total ecological incentive exceeding $15 million by the end of 2025, promoting continuous growth of the value transfer scale.
3. Token economy innovation: $ERA transfer value anchor allows transfer contributions to be 'quantifiable, profit-sharing, and governable'
$ERA abandons the traditional infrastructure token's single function of 'only being Gas', becoming the 'core certificate' of the entire cycle of chain-reality value transfer through the design of 'transfer pledge, contribution profit-sharing, governance weight binding'. Its innovation lies in deeply linking token value with 'value transfer contribution', rather than relying on short-term market sentiment.
1. Transfer pledge: $ERA becomes the 'risk guarantee fund' for value transfer
• Industrial value pledge: Enterprises need to pledge ERA according to the transfer scale when splitting chain-reality value (1.5 million ERA for every $1 million of transfer value). If the value contract defaults (e.g., farmers do not realize profits), 70% of the pledge will be deducted to compensate investors; if the performance rate reaches 100% for 12 consecutive months, 50% of the pledge can be redeemed, forcing industrial subjects to ensure the authenticity of the value;
• Cross-chain transfer pledge: Initiating a value contract cross-chain transfer requires pledging 20% of the transfer amount in ERA, with full unlocking after completion without disputes; if transfer delays occur due to path matching errors, 10% of the pledge will be deducted to compensate users. By the end of 2025, the scale of cross-chain transfer pledges in ERA reached $150 million, with the transfer dispute rate controlled below 0.07%;
• Verification node pledge: Value verification nodes need to pledge additional ERA (minimum 100,000 ERA for industrial nodes, minimum 50,000 $ERA for Web3 nodes). A verification accuracy rate of over 99.98% can earn a 20% annualized return. If verification errors occur, 20% of the pledge will be deducted to ensure the rigor of value authenticity verification.
2. Transfer profit-sharing: $ERA shares value transfer profits
• Cross-chain transfer fee profit-sharing: 65% of the fees from the chain-reality transfer hub are used for profit-sharing, among which 'value verification nodes (50%), transfer path matching nodes (10%), ecological fund (5%)'—the profit-sharing of verification nodes is linked to the performance rate (100% performance rate doubles profit-sharing). By the end of 2025, the average monthly profit-sharing per node reached 22,000 $ERA;
• Industry transfer service fee dividends: Service fees generated by value transfer type Rollups (e.g., 10% commission on agricultural income rights transfer) are distributed as dividends according to ERA holding proportions. Users holding over 20,000 ERA can receive monthly dividends, with the average monthly dividend per user reaching 1,800 $ERA by the end of 2025, a 30% increase compared to Q3;
• Contract reuse rewards: When Web3 projects reuse value transfer contract templates, they need to pay 1.5% of the contract amount in ERA as a 'template usage fee', of which 65% is allocated to the template creator, and 35% to the ERA pledge nodes. By the end of 2025, the template usage fee scale reached $6 million, promoting innovation in transfer templates.
3. Transfer governance: Allowing transfer contributors to have decision-making power
• Transfer weight governance mechanism: Governance voting weight = $ERA holding amount × transfer contribution coefficient (industry transfer subject 1.8, verification node 1.6, ordinary holder 1), ensuring that 'the subjects promoting value transfer' have more say;
• Rapid passage for transfer rules: A 6-hour rapid voting channel is opened for proposals such as 'transfer path optimization' and 'pledge ratio adjustment', which will take effect if the support rate exceeds 50%. By the end of 2025, a total of 22 transfer-related proposals have been passed, and the average implementation time has been shortened to 1 day;
• Governance rewards linked to transfers: Users participating in transfer proposal voting can earn 'transfer governance points', with points linked to the growth of transfer scale brought by the proposal (e.g., if a proposal promotes a 10% increase in transfer scale, points double), 100 points can be exchanged for 25 $ERA. By the end of 2025, over 900,000 users participated in transfer governance, with a proposal passing rate of 98%.
Summary and future predictions
Through the three-dimensional innovation of 'value contract-based RaaS engine + chain-reality transfer hub + ERA transfer value anchor', Caldera has become a benchmark project for 'value transfer' in the field of L2 chain-reality integration: its 'chain-reality value contract-based transfer' concept addresses the core pain points of 'difficult activation and transfer of chain-reality value', and ecological landing data verifies the feasibility of the model. ERA enables measurable returns for transfer contributions. Despite facing challenges such as intensified competition in the RaaS track and inconsistent industrial value assessment standards, top venture capital backing (Founders Fund, Sequoia Capital) and the first-mover advantage of 'value transfer' along with the ecological base still give it core competitiveness.
Looking ahead to 2026, Caldera is expected to achieve three major breakthroughs: First, the scale of industrial value transfer, with plans to connect 300 industrial subjects covering agriculture, industry, retail, and logistics, with the scale of chain-reality transfer value exceeding $3 billion; second, expanding the cross-chain transfer network, promoting 'value contract interconnection' with mainstream L2s such as Arbitrum One and Optimism, realizing cross-L2 transfer of agricultural income rights and industrial residual value rights, with over 60 types of transfer scenarios covered by the 'internet of chains'; third, token value transfer anchoring, with the growth of transfer scale and the implementation of a fee-burning mechanism (planned to launch in Q4 2026, burning 50% of transfer fees), the $ERA pledge amount may exceed 900 million tokens, with a market value expected to exceed $6 billion, entering the top 25 of cryptocurrency market capitalization.
From 'asset confirmation' to 'value transfer', Caldera not only redefines the value boundary of L2 infrastructure but also makes blockchain technology a 'value activation tool' for chain-reality integration. In the future, with the implementation of Ethereum EIP-4844 reducing data costs, Caldera's 'value contract-based transfer' capability will continue to strengthen, expected to become the core infrastructure for 'Web3 + industry' value interconnection, pushing the L2 ecosystem into a new phase of 'chain-reality value transfer closed loop'.
