@Caldera Official - The Internet of Rollups:

A platform that’s making crypto faster, cheaper, and more interconnected than ever before. For crypto users, Caldera means no more high fees, slow transactions, or fragmented ecosystems. By allowing for horizontal scaling across a limitless number of chains, Caldera is the endgame for blockchain performance. Caldera’s capacity will never be saturated, and Caldera chains can adapt to every new use case that emerges in the blockchain space.

$ERA token is the native utility token of the Caldera ecosystem.

$ERA token is used to pay for transaction fees across the Metalayer, supporting interactions between rollups. It help secure the network, verify cross-rollup messages, and support future subnets like those involved in generating ZK proofs.

$ERA holders can propose and vote on protocol changes, grant funding, and elect members to roles such as the security council. While initial governance is bootstrapped by the #Caldera Foundation, long-term decision-making will move to on-chain community voting.