What is Caldera (ERA)?
Caldera is a Rollup-as-a-Service (RaaS) platform built on Ethereum, designed to support the deployment of customizable rollups. It facilitates horizontal scaling by enabling interoperability between different rollups while preserving Ethereum’s security model.
The project introduces the Metalayer, a framework that connects Optimistic and Zero-Knowledge rollups. This layer supports communication, coordination, and resource sharing between rollups, enabling cross-chain interactions without altering the core properties of each rollup.
The native token of the Caldera ecosystem is called ERA. It serves several purposes within the platform. ERA is used to pay transaction fees across the Metalayer, especially for interactions between rollups. It is also staked by validators who contribute to the network’s security and validate cross-rollup communications. Additionally, the token enables decentralized governance, allowing holders to participate in protocol upgrades and decisions regarding treasury allocations.
Caldera was developed by Constellation Labs, a research group focused on Ethereum scaling solutions. The project is led by CEO and co-founder Matthew Katz and CTO and co-founder Parker Jou. The team consists of engineers and protocol designers with experience in blockchain infrastructure.
The circulating supply of ERA is 148.5M with a total supply of 1 billion tokens. ERA is listed on Binance for trade and purchase. The live price of ERA is available and updated in real-time on Binance.