harshitkumar45

🌋@Calderaxyz is an infrastructure platform focused on customized Rollups, allowing developers to deploy their exclusive high-performance layer-2 chains with just one click, compatible with mainstream frameworks such as Optimism, Arbitrum, ZKsync, and Polygon. This way, many teams do not need to build large engineering teams themselves, and can quickly launch their own chains. Currently, Caldera supports over 50 Rollups, covering more than 1.7 million wallets, with a locked value exceeding 800 million dollars, and a cumulative transaction volume of tens of millions.

In terms of financing, Caldera has completed approximately 25 million dollars in funding. In February 2023, it secured 9 million dollars in early funding, with investors including Dragonfly, Sequoia, and 1kx; in July 2024, it received another 15 million dollars in Series A funding, led by Founders Fund, with existing shareholders Dragonfly and Sequoia continuing to invest.

The total supply of the token ERA is 1 billion, with approximately 148.5 million currently in circulation, already listed on more than 20 exchanges including Binance, Upbit, and Coinbase. The utility of $ERA includes network validation, staking, and serving as the core of Caldera Bridge. Caldera Bridge Preview is their latest user product, which can automatically search for the optimal path for cross-chain transfers, supports stablecoin flows across smaller chains, liquidity sharing, and is secured by the staking of $ERA validators, currently open for candidate experience.

In terms of technology and ecosystem, Caldera's launch of Metalayer is its core highlight, enabling seamless connections between different Rollup frameworks, allowing developers to flexibly choose data layers, execution layers, and settlement layers as if assembling cloud services. This not only improves application development efficiency but also reduces costs and maintenance difficulties. At the same time, Caldera emphasizes high availability (99.99% SLA), low fees, and security, gradually establishing competitiveness in the infrastructure market.

Overall, since its start in 2022, Caldera has launched Rollup services, completed multiple rounds of financing, and released the ERA and new products, effectively streamlining the entire process of chain deployment, interoperability, and community incentives. Moving forward, the team will focus on bringing Metalayer to a broader range of developers and users, making cross-chain interactions simpler and more natural.

#Caldera $ERA @Calderaxyz
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