Daniel Walker
Caldera, a leading rollup-as-a-service (RaaS) infrastructure provider, has announced the launch of its native token ERA, designed to become the backbone of its growing modular blockchain ecosystem.
With a fixed supply of 1 billion tokens, 7% of ERA will be distributed to early contributors, community supporters, and ecosystem users, according to a blog post shared by the team. Interested users are urged to register on the official claim portal ahead of the tokenโs launch to secure eligibility.
ERA: A Multi-Utility Token for the Caldera Ecosystem
The ERA token will serve three primary functions across the Caldera ecosystem:
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Gas Token: Used to pay transaction fees across Caldera-powered rollups.
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Staking Mechanism: Helps secure cross-chain communication by validating messages across networks.
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Governance Tool: Empowers token holders to vote on key decisions via onchain proposals and eventually elect specialized sub-councils, including a technical security council.
Governance will be progressively decentralized under the Caldera Foundation, which is headquartered in the Cayman Islands.
Driving Interoperability with Metalayer
Calderaโs modular architecture allows developers to launch customized rollups seamlessly across major Ethereum Layer 2 platforms such as Arbitrum, Optimism, Base, and ZKsync. A key component of this network is Metalayer, an interoperability layer that links independent rollups into a unified network, enabling intent-based bridging and shared liquidity.
Rapid Growth Since 2022
Since its founding in 2022, Caldera has supported the deployment of over 50 rollups, collectively securing more than $400 million in total value locked (TVL). The firm has also attracted $25 million in venture backing, including a $15 million Series A round led by Founders Fund, the VC firm established by Peter Thiel.
The launch of ERA signals Calderaโs next phase of expansionโenabling its users to actively participate in governance and infrastructure validation while improving scalability and cross-chain interaction across the broader Ethereum ecosystem.
