#Gate Square Writing Contest Phase 2#

Caldera is a leading rollup platform on Ethereum. Created with the core insight that just
attempting to make a single faster blockchain wasn’t the best solution, Caldera was
founded to enable Ethereum to reach true web-scale via horizontal scaling.
In 2023, the Caldera platform was launched. With the RaaS platform, projects could
deploy a rollup with a single click, without an engineering team. We took care of
deployment, customization, ongoing maintenance, and security, so projects could focus
on building their vision.
Today, Caldera is one of the fastest growing rollup ecosystems in the world. Caldera
empowers web3 teams to customize and launch over 60 high-performance rollups
across a number of app categories, and projects have free reign to launch their rollup
on Optimism, Arbitrum, ZKsync, and Polygon stacks.
At present, the Caldera ecosystem comprises 1.8 million unique wallets holding over
$550 million in TVL, with more than 80 million completed transactions. Some notable
chains in our ecosystem include Manta Pacific, inEVM by Injective, ApeChain, Treasure,
Plume Network, Towns, Kinto, RARI Chain, and Zero Network by Zerion.
1. ERA’s core advantages:
*The Metalayer:
The Metalayer empowers developers and protocols to overcome the constraints of isolated blockchain ecosystems.
Launch Truly Interoperable Chains: Deploy new Caldera rollups with the Metalayer interoperability from day zero, or integrate the Metalayer into your existing Caldera chain to instantly connect to a broader ecosystem.
Build Sophisticated Cross-Chain dApps: Utilize the Metalayer’s Developer Toolkit to create applications that facilitate efficient communication and value transfer between rollups, regardless of their underlying stack.
Access Unified Liquidity: Tap into a growing network of shared liquidity, enabling more efficient markets and better user experiences for your applications.
Abstract Complexity: Focus on your core application logic and user experience, while the Metalayer handles the intricacies of cross-chain communication, optimal routing, and secure settlement.
2. ERA Tokenomics :
As the Ethereum ecosystem expands into an increasingly large number of rollups, rollup
abstraction becomes increasingly important. Caldera’s metalayer is the rollup
abstraction layer.
Caldera’s native utility and governance token,$ERA, serves to power this layer.
Utility
Omnichain gas token
$ERA is used as the standard gas token for operations on the metalayer. On the
metalayer, transactions that initiate cross-chain interactions, as well as data
propagations across chains, will incur a fee denominated in $ERA.
Staking and Subnets
Nodes that wish to participate in the Metalayer will be required to stake $ERA. A
proof-of-stake or restaking consensus mechanism on these $ERA tokens will be run,
such that a node’s participation in the metalayer will be relative to the amount of $ERA
tokens staked or delegated to that node.
Utility-specific subnetworks may be created atop or alongside the metalayer, in order to
provide specific functions to rollups. For example, a subnet might be created to
generate and propagate zero-knowledge proofs on-chain, for rollups that require them.
These networks will also use the $ERA token to power proof-of-stake consensus.
Governance
$ERA token holders have the opportunity to participate in on-chain governance of the
Caldera metalayer protocol, chains launched with the Caldera platform, and beyond.
Concretely, $ERA token holders will be able to vote on the following through
governance:
Protocol Upgrades
All upgrades or changes to the Caldera metalayer protocol will be governed by an
on-chain vote of the Caldera DAO.
Proposals
$ERA holders will have the ability to both create and vote on CIPs (Caldera
Improvement Proposals) submitted to the DAO. These proposals can cover decisions
surrounding treasury use, grants, the Caldera brand and IP, among others.
Foundation Directors
$ERA holders will have some ability to affect the directors of the Caldera Foundation, a
Cayman Islands foundation company.
Special Council
On occasion, there will be a DAO-wide vote to determine which DAO members will
serve on a special council on the Caldera Foundation. The purpose of the council is to
administer DAO proposals and serve the vision of the community, as well as making
discretionary decisions regarding the foundation as appropriate.
Special council elections will occur at least once per year, and elect members to
fixed-length terms
Security Council
Tokenholders will additionally elect members of the security council, a group of technical
experts to oversee mission-critical protocol upgrades in
The security council will optionally be made available as an option for rollups launched
into the metalayer, as a pluggable security option for their chains. In doing so, new
rollups on Ethereum can “rent” security from the Caldera DAO.
3. Token Distribution:

*Airdrops: 7.0%
*Foundation (Community and Foundation Treasury): 35.94%
*R&D: 10.235%
*Core Team: 14.75%
*Investors: 32.075%
Participate in Gate x Caldera (ERA) Ecosystem Week event: https://www.gate.com/announcements/article/46169
#ERA#