š ERA: Fuel, Security, and Governance in One Token
Calderaās ERA token isnāt just a fee assetāitās the connective tissue between all Caldera chains, validators, and governance functions. With a hard cap of 1 billion ERA, the token serves three core roles:
šø Gas Across Rollups
Every Caldera-based chain uses ERA as its default gas token, standardizing fees across OP Stack, Arbitrum Nitro, zkSync Stack, and more via the Metalayer.
š” Validator Staking & Security
From Q4 2025 onward, validators will stake ERA to secure cross-rollup messaging and participate in Metalayer relaysāearning protocol fees and inflationary rewards in return.
š³ Governance Engine
ERA holders will vote on Caldera Improvement Proposals (CIPs), grant disbursements, validator parameters, and even council elections for technical and security oversight.
Tokenomics are designed with long-term alignment: only ~15% of supply is liquid today, and major investor/team unlocks begin mid-2026āgiving the ecosystem time to grow before dilution ramps.
In short, ERA is more than gas. Itās Calderaās digital constitution.