Caldera Launches $ERA Token to Power Cross-Chain Internet of Chains
The Caldera Foundation has unveiled its native token, $ERA, marking a major step in its effort to unify blockchain ecosystems through its modular architecture.
The Caldera Foundation has unveiled its native token, $ERA, marking a major step in its effort to unify blockchain ecosystems through its modular architecture.
Built on a dual-layered system, Caldera combines a Rollup Engine used to launch high-performance custom chains on leading frameworks like Arbitrum, Optimism, Base, and zkSync, with a Metalayer protocol that connects these chains into a single, interoperable network. This infrastructure is designed to solve fragmentation by enabling shared liquidity and intent-based cross-chain bridging.
The Caldera Foundation ( @CalderaFDN ) has opened up airdrop pre-claims.
Confirm your allocation on the pre-claims site
— Caldera (@Calderaxyz) July 10, 2025
The $ERA token will serve as the economic engine of the Caldera ecosystem. It will be used for omnichain gas fees, supporting transactions and data movement across chains within the Metalayer. Additionally, $ERA will underpin staking and network security, allowing validators to verify cross-chain messages and secure future subnets, such as those supporting ZK proof generation.
Governance is another core function of the token. Holders will have the ability to propose and vote on Caldera Improvement Proposals (CIPs), including protocol upgrades, grant allocations to ecosystem developers, and elections to specialized sub-councils such as the security council. Initial council members will be appointed by the Caldera Foundation, with future leadership to be shaped by the community through on-chain voting.
To ensure long-term alignment, tokens allocated to early investors and the core team will follow a vesting schedule that includes a one-year cliff and a 24-month linear release period. Full allocation details are available in the foundation’s documentation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferies warns of a "2008 moment": AI may trigger a "capital destruction" in the US, with capital flowing to Chinese open-source models
Jefferies warns that about half of the $2.34 trillion backlog orders of the four major U.S. hyperscale cloud providers are owed by loss-making companies OpenAI and Anthropic, creating a credit concentration risk similar to the 2008 subprime crisis. Wood believes that the most likely long-term outcome of the AI narrative is a "large-scale capital destruction" in the U.S., with market share shifting to China's low-cost open-source models, and that it will be the credit market that ends this cycle.
Wall Street's hottest strategy faces its worst moment! Hedge funds crowd into dispersion trading and suffer setbacks as traders eagerly await tech earnings to trigger major volatility
For U.S. stock options traders who have been following dispersion strategies over the long term, the next week or so will be a critical window that determines their annual profit or loss.
Australian Dollar edges higher to near 0.7000 on weak US Sentiment
Crypto prices
More
