Caldera has announced the launch of its native token $ERA, aimed at simplifying interaction across various blockchain ecosystems.
Launch of the $ERA Token
The Caldera Foundation has unveiled its $ERA token, marking an important step in efforts to unify blockchain ecosystems through modular architecture. Pre-claims for tokens are now live, available for early community members.
Functions and Role of $ERA Token
$ERA 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, and for staking and network security.
Long-term Token Distribution
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.
The launch of the $ERA token by the Caldera Foundation highlights its commitment to creating effective cross-chain interaction, providing new opportunities for blockchain developers and users.
