Deep Dive
1. Purpose and architecture
Caldera offers a rollup platform that lets developers configure their own chains. Rollups process transactions separately and settle or publish information to an underlying network, often Ethereum, helping applications scale.
Its Metalayer is intended to make separate rollups communicate and move assets between them, addressing the fragmentation that can arise when many chains operate independently. See Caldera’s overview.
2. ERA token
ERA is the token associated with Caldera’s ecosystem. Project descriptions list uses including paying fees, staking to support network functions, and participating in governance. The token itself runs on Ethereum as an ERC-20 token; it is distinct from the rollup infrastructure Caldera provides.
Conclusion
Caldera is a platform for building customizable rollups and connecting them, while ERA is intended to support activity and coordination across that ecosystem. How effectively can its Metalayer make independent chains work together?