ERA, as a core component of the Caldera ecosystem, showcases the foresight of the project team in its economic model. The total issuance is 10 billion tokens, and the distribution plan reflects the project's long-term development strategy:

35% for promoting ecosystem development, paving the way for the future; 25% allocated to the team and advisors, ensuring that the interests of core members are closely tied to the success of the project; 20% for community incentives, aimed at enhancing user participation; 15% allocated to private investors, providing early funding support for the project; 5% as a public offering share, balancing inclusiveness with market liquidity.

The functional design of ERA reflects its important position in the ecosystem:

1. As a necessary medium for on-chain transactions, all operations need to use ERA settlement.
2. Empower token holders with the right to participate in governance, allowing them to vote on significant decisions such as changes to key protocol parameters.
3. Provide considerable yield opportunities, with a verification node annualized return rate of approximately 12%, and ordinary users can also earn about 8% annualized returns through delegated staking.

It is worth noting that the project has adopted a progressive unlocking mechanism, where the tokens held by the team will be gradually released on a monthly basis over a period of 4 years. This strategy effectively reduces the risk of large-scale sell-offs in the short term and demonstrates the team's confidence in the long-term development of the project.

Currently, the market price of ERA is approximately $0.05, with a circulation of 500 million tokens, resulting in a fully diluted valuation (FDV) of $500 million. This valuation level appears relatively reasonable among similar projects, reflecting the market's recognition of ERA's potential.

As the Caldera ecosystem continues to develop, the value and application scenarios of ERA are expected to further expand, bringing more vitality and opportunities to the entire ecosystem.