Samuel Loria

The ERA token serves as the native utility and governance asset of the Caldera ecosystem, playing a crucial role throughout the ecosystem. Its total supply is fixed at 1 billion tokens, and the distribution mechanism balances fairness and incentives. About 30% of the tokens are allocated for retrospective airdrops, rewarding early participants of the Caldera testnet, developers, and active community contributors, which not only recognizes their contributions but also encourages more people to actively participate in ecosystem building; 20% is allocated to the team and advisors, with shares to be unlocked over two to four years, ensuring long-term commitment from core members to the project; 30% is allocated to investors and reserves to support ecosystem expansion, strategic collaborations, and project fund operations; the remaining 20% is used for ecosystem incentives, encouraging ongoing community participation through liquidity mining, developer bounties, and governance rewards. The use cases of the ERA token are extensive, as users can utilize it to pay transaction fees on any Caldera Rollup chain, which not only reduces costs compared to traditional ETH payment methods but also improves transaction efficiency. In the future, ERA will also introduce a staking module, allowing holders to support fraud-proof systems or data availability commitments in exchange for corresponding security rewards. Additionally, holding ERA grants governance rights, enabling participation in voting for important decisions such as Metalayer upgrades, fee parameter settings, and ecosystem fund allocations, truly achieving community autonomy.