Caldera (ERA)
Unlock Schedule
Caldera (ERA) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Caldera (ERA) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence ERA price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
The ERA token is the native asset of the Caldera network. Its design centers on three core utilities:
- Gas for the Metalayer: ERA is used to pay for cross-chain actions (bridging and messaging) across Metalayer-connected chains.
- Governance: ERA holders can vote on protocol upgrades, fees, grants, and other decisions shaping the “Internet of Chains.”
- Staking: The project is rolling out validator staking so ERA can be posted to verify cross-chain messages and help secure the network. (caldera.xyz)
Caldera tokenomics set a fixed total supply of 1,000,000,000 ERA. The published distribution shows allocations across Early Backers & Investors (32.075%), Community Treasury (21%), Foundation (14.94%), Core Team (14.75%), R&D (10.235%), and an Airdrop (7%). Unlocks follow multi‑year schedules; for example, team and investor allocations have a one‑year cliff with linear unlocks afterward, and the Community Treasury and Foundation allocations include tranches to support network growth. (docs.caldera.foundation)
At launch, 7% of supply (70 million ERA) was set aside for a community airdrop to early users and contributors. A pre‑claim window and eligibility criteria were documented by the Caldera Foundation to reward real participants across Caldera-powered chains and partner communities. (docs.caldera.foundation)
The project also describes a Strategic Reserve mechanism that accumulates ERA from various revenue streams (for example, enterprise partnerships and protocol operations) under a “no-sell” policy intended to align long-term network incentives. (caldera.xyz)
Assumptions
- Genesis date equals Token Generation Event (TGE) on 2025-07-17.
Exchange listings and official materials indicate trading and claim opening on July 17, 2025; used as the practical genesis for supply release modeling.
- Airdrop modeling assumes full unlock at TGE despite a 90-day auto-staked bonus portion.
Official docs confirm a 'bonus portion' of airdrop allocations is automatically staked for 90 days but do not disclose the exact fraction; we conservatively model all 70M as unlocked at TGE and note the lockup.
- R&D linear vesting starts at the 3-month anniversary of TGE.
Docs specify 29.1% unlocks at month 3 and the remaining vests over 48 months; interpreted as starting immediately after the month-3 cliff.
- 1. https://docs.caldera.foundation/pages/tokenomics
- 2. https://mirror.xyz/calderafdn.eth/MgbdzB79G8gQO49uL1wHCFTsUmI_vEBm6pur-VRz1dQ
- 3. https://docs.caldera.foundation/pages/preclaims-guide
- 4. https://caldera.xyz/blog/introducing-the-caldera-bridge-preview
- 5. https://academy.binance.com/en/articles/what-is-caldera-era
- 6. https://www.globenewswire.com/news-release/2025/07/18/3117739/0/en/Bitget-Launchpool-Lists-Caldera-ERA-with-over-2-6M-in-Token-Rewards.html
- 7. https://www.coincarp.com/events/caldera-era-new-listing-on-binance-hodler-airdrops/
Allocations
Description
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Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Instead of optimizing a single blockchain, Caldera allows projects to launch customizable rollups while maintaining Ethereum's security and decentralization.
| Sector: | Storage |
| Blockchain: | Ethereum |