#Caldera $ERA A @Caldera Official

Caldera Token (abbreviated as **$ERA**) is the **native token of the Caldera blockchain project**, which focuses on enabling developers to create high-performance Ethereum Layer 2 chains (Rollup) with a single click. In simple terms, it mainly does three things:

1. **Cross-chain fuel**: On all chains built on Caldera, users can use **ERA to pay transaction fees** without needing to exchange back and forth;

2. **Staking for rewards**: Holders can stake ERA to participate in network security maintenance, **earn rewards**, and also increase governance voting weight;

3. **Voting governance**: Token holders can **decide on key directions such as protocol upgrades, fee structures, etc.**.

Currently, there are over 50 chains built with Caldera, managing nearly **$500 million in funds**, with over 27 million users. The total supply of tokens is **1 billion pieces**, and trading has been launched on exchanges such as Binance and KuCoin since July 17.