Caldera was a project with high potential.
The coin, with a total supply of 1 billion, was launched with an initial circulating supply of 148.5 million. ERA
Rollup infrastructure: Caldera enables developers to deploy scalable, customized layer-2 solutions called “Caldera Chain” on Ethereum with a single click.
TVL exceeded 1 billion dollars after the launch, and 550 million transactions were recorded. 17 million wallets were used, and more than 75 Caldera Chains were established.
Investors include; Dragonfly Capital, Sequoia, and 1kx..
Caldera works like a "chain production factory for Ethereum."
Let's say you are a Web3 developer. The project receives heavy traffic, Ethereum gas fees are expensive → with Caldera, you can establish your own chain.
The ERA token is the lifeblood of this infrastructure. It continues to be used in areas such as transaction fees, staking, and governance. @Caldera Official
Let's consider that a gaming company is also using Caldera. We can multiply the examples. Transactions like buying and selling NFTs in the game could be hindered due to high gas fee demands. Here, $ERA comes into play. By entering Caldera's interface, the game can create its own network. The main theme is of course Ethereum, but the game resolves transaction traffic on its own network. More cheaply and faster. I hope I have explained it clearly to you.
