Binance Announces Caldera (ERA) Airdrop: 20 Million Tokens Distribute to BNB Owners Immediately

Binance Announces Caldera (ERA) Airdrop: 20 Million Tokens Distribute to BNB Owners Immediately

Caldera (ERA), a next-generation blockchain infrastructure project designed to enhance the scalability and interoperability of Ethereum, is set to debut on Binance starting July 17 at 15:30 UTC. The official announcement was made on July 16, with users able to deposit ERA one hour after the announcement.

Caldera is an innovative platform that aims to scale Web3 by enabling customizable, interoperable app-rollups on Ethereum. At the heart of Caldera is its Metalayer, a cross-chain interoperability framework that acts as a "unifying layer" for all Ethereum rollups within its ecosystem. This technology enables seamless coordination, communication, and resource sharing between different app-rollups while preserving their individual characteristics.

The ERA token, the utility and governance token of the Caldera ecosystem, has several use cases. It is used to pay for cross-chain transaction relays, participate in protocol upgrades, fee mechanisms, and DAO treasury decisions, stake on sub-networks, help bootstrap new rollups by aligning incentives among early participants, and distribute value accrue to passionate stakeholders.

Caldera's approach to scaling Web3 centers on customizable, interoperable app-rollups. By enabling many parallel, high-throughput chains, Caldera dramatically increases the overall capacity of the Ethereum ecosystem. The Metalayer ensures that these app-rollups can communicate, share liquidity, and interact seamlessly, creating a unified but flexible network.

Caldera will operate on both Ethereum and BNB Chain, ensuring cross-chain compatibility from day one. ERA transferred to Alpha will be moved to Spot Accounts of users in 24 hours. The initial circulating supply of ERA is 148.5 million ERA (14.85%).

Binance has taken steps to foster decentralization and community engagement, including distributing 7% of the total ERA supply via a community airdrop. The project is backed by prominent investors such as Sequoia Capital and Dragonfly, signaling strong industry confidence in its vision and technology.

With the launch of Caldera on Binance, users can now trade ERA with support for USDT, BNB, USDC, FDUSD, and TRY pairs. Furthermore, BNB users who subscribed between July 1, 00:00 UTC and July 5, 23:59 UTC are eligible for a portion of 20 million ERA tokens. This secondary tranche will unlock six months after the listing and will likely fund user incentives, partnerships, or liquidity bootstrapping efforts.

Binance will open spot trading for ERA at 15:30 UTC on July 17, along with Spot Algo Orders, Trading Bots, and Spot Copy Trading. An additional 20 million ERA tokens, an additional 2% of supply, have been reserved for future marketing campaigns.

Caldera powers a modular "internet of rollups," aiming to scale Web3 with customizable blockchain infrastructure. Its infrastructure aims to simplify the deployment of fast, cost-efficient, and app-specific rollups while maintaining interoperability with Ethereum and the BNB Chain.

1. Caldera, a next-generation blockchain infrastructure project designed for enhancing Ethereum's scalability, will debut on Binance starting July 17 at 15:30 UTC.
2. The official announcement of Caldera's launch was made on July 16, and users can deposit ERA one hour after the announcement.
3. The ERA token is the utility and governance token of the Caldera ecosystem, with various use cases such as paying for cross-chain transaction relays and staking on sub-networks.
4. Caldera's Metalayer, a cross-chain interoperability framework, ensures that different app-rollups within its ecosystem can communicate, share liquidity, and interact seamlessly.
5. Caldera operates on both Ethereum and BNB Chain, and 7% of the total ERA supply will be distributed via a community airdrop.
6. With the launch on Binance, users can trade ERA with support for USDT, BNB, USDC, FDUSD, and TRY pairs, and BNB users who subscribed between July 1 and July 5 may be eligible for a portion of 20 million ERA tokens.
7. Caldera's technology, aimed at scaling Web3 with customizable blockchain infrastructure, simplifies the deployment of fast, cost-efficient, and app-specific rollups while preserving interoperability with Ethereum and the BNB Chain.

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