@Caldera Official This project started in 2023 and is originally the leader in Rollup-as-a-Service (RaaS), allowing developers to deploy custom rollups with one click, without having to build a project team from scratch. Just think, traditional L2s like Optimism or Arbitrum are good, but they always have bottlenecks—gas fees soar during congestion, and cross-chain transactions feel like going through customs. Caldera's Rollup Engine solves this, able to complete rollups for OP Stack, Arbitrum Orbit, or Polygon CDK in just a few minutes, with a TVL exceeding 500 million dollars, processing 400 million transactions, and connecting 27 million wallets. Their Metalayer is even more impressive, serving as an 'inter-chain internet' that allows different rollups to share liquidity and communicate quickly, avoiding fragmentation. For example, gaming chains like ApeChain have built dedicated rollups using it, and DeFi projects like Manta Pacific have optimized ZK applications with it. Some bloggers mentioned that Caldera's ERA token is not just a governance token, but also used for cross-chain gas fees and staking, with a circulating supply of 148.5 million and a total supply of 1 billion, and an unlocking mechanism lasting several years to ensure stability. Currently, the price of $ERA is around 0.77 dollars, having surged to 2 dollars shortly after its listing, showing significant volatility but substantial potential.
The highlight of this collaboration lies in HODLer Airdrops and Alpha integration. Caldera was selected as Binance's 27th project, airdropping 20 million $ERA tokens to BNB holders who subscribed to Simple Earn in early July—pure passive rewards, requiring no farming or form-filling. Alpha launched on July 17, where users could claim airdrops using Alpha Points and then trade on the main platform pairs like ERA/USDT and ERA/BNB. Why is Binance Wallet crucial? Because Alpha is directly embedded in the Wallet, allowing users to connect with one click and participate in early trading, mitigating centralized risks. Bloggers analyze that this not only rewards loyal users but also boosts Caldera's adoption rate—considering Binance's massive user base directly accessing Metalayer, developers can build chains faster, and institutions like Sequoia and DragonFly (Caldera's investors) can also leverage the opportunity. What’s the result? After the listing, $ERA surged by 120%, with exchanges like Upbit following suit, and the market cap breaking 100 million dollars.
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