The Caldera Foundation has unveiled its native token, $ERA, marking a major step in its effort to unify blockchain ecosystems through its modular architecture.
Pre-claims for the token are now live, offering early community members a share of the initial 7% allocation ahead of the official token launch.
Built on a dual-layered system, Caldera combines a Rollup Engine used to launch high-performance custom chains on leading frameworks like Arbitrum, Optimism, Base, and zkSync, with a Metalayer protocol that connects these chains into a single, interoperable network. This infrastructure is designed to solve fragmentation by enabling shared liquidity and intent-based cross-chain bridging.
The Caldera Foundation (@CalderaFDN) has opened up airdrop pre-claims.
Confirm your allocation on the pre-claims site https://t.co/UJKdHjiXQE
— Caldera (@Calderaxyz) July 10, 2025
The $ERA token 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 within the Metalayer. Additionally, $ERA will underpin staking and network security, allowing validators to verify cross-chain messages and secure future subnets, such as those supporting ZK proof generation.
Governance is another core function of the token. Holders will have the ability to propose and vote on Caldera Improvement Proposals (CIPs), including protocol upgrades, grant allocations to ecosystem developers, and elections to specialized sub-councils such as the security council. Initial council members will be appointed by the Caldera Foundation, with future leadership to be shaped by the community through on-chain voting.
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.
In related token launch news, Pump.fun has confirmed the launch of its official token, PUMP, via an initial coin offering (ICO) scheduled for Saturday, July 12. The announcement was made on July 9 through the project’s official X account. According to the statement, 15% of the total token supply 150 billion PUMP out of a 1 trillion cap will be made available to the public, signaling Pump.fun’s first major token distribution event.
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