Caldera (ERA)

Tokenomics & Utility

ERA has a total supply of one billion tokens. The Caldera Foundation assigns 32.075% to early backers and investors, 21% to the community treasury, 14.94% to the foundation, 14.75% to the core team, 10.235% to research and development, and 7% to the airdrop allocation. These categories describe where the supply is assigned; the release schedule determines when portions become available. (docs.caldera.foundation)

Team and early-backer allocations have a one-year lockup. At the end of that period, 15% of each allocation unlocks, followed by a gradual release of the remainder over 24 months. The community treasury and other categories follow their own schedules. Spreading releases over time links part of the token distribution to continued development and ecosystem activity. (docs.caldera.foundation)

ERA’s planned roles center on Metalayer fees, staking, and governance. Caldera describes ERA as the standard token for fees on Metalayer operations, including cross-chain interactions and data messages. Its staking design calls for validators to use ERA when securing the network and checking cross-chain messages. Holders are also intended to take part in decisions about protocol upgrades, grants, and parts of the foundation’s leadership structure through Caldera Improvement Proposals. Some staking and governance functions are part of the project’s longer-term decentralization plans. (paragraph.com)