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Binance announces Caldera (ERA) airdrop, offering a 20 million token reward for BNB holders, with distribution commencing immediately.

Cryptocurrency exchange Binance names Caldera as the 27th project for its HODLer Airdrop initiative, allocating 20 million Caldera (ERA) tokens as rewards.

Binance Announces Caldera (ERA) Airdrop for BNB Holders: 20 Million Tokens Distribution Begins...
Binance Announces Caldera (ERA) Airdrop for BNB Holders: 20 Million Tokens Distribution Begins Immediately

Binance announces Caldera (ERA) airdrop, offering a 20 million token reward for BNB holders, with distribution commencing immediately.

Binance has announced Caldera (ERA) as the 27th project in its HODLer Airdrops lineup. Eligible BNB holders who subscribed between July 1, 00:00 UTC and July 5, 23:59 UTC will be eligible for a portion of 20 million ERA tokens.

Caldera is a unique blockchain architecture focused on speed, composability, and scalability. Its purpose is to simplify blockchain development while achieving high scalability, low transaction costs, and cross-chain interoperability.

To participate in the airdrop, users should head to the Earn section on Binance, search for BNB, and subscribe via Flexible, Locked, or On-Chain Yields. They should maintain their subscription during the airdrop window.

Caldera operates on both Ethereum and BNB Chain, ensuring cross-chain compatibility from day one. The ERA token powers the ecosystem, serving as a universal gas token for cross-chain transactions, enabling decentralized governance of protocol upgrades and fee structures, and securing the network through staking.

Caldera's key functionalities include the ability for developers to launch custom rollups, cross-chain interoperability via the Metalayer, and unified governance and network security. The Metalayer connects isolated rollups, enabling them to communicate securely and seamlessly, with advanced features like an intent-based bridging system, fast settlement times, and message relaying across rollups.

Caldera aims to create a decentralized, interconnected web of rollup chains, acting as the coordination layer that unifies multiple rollups. This vision means blockchain applications running on different rollups will feel as fast, smooth, and interconnected as traditional internet apps, but with the enhanced security and decentralization of Web3.

Caldera was initially offered through Binance Alpha, a pre-listing platform. ERA will trade on July 17 at 15:30 UTC and will support USDT, BNB, USDC, FDUSD, and TRY pairs. Spot Algo Orders for ERA will go live immediately, with Trading Bots and Spot Copy Trading activated within an hour after listing.

Binance users can deposit ERA starting one hour after the official announcement on July 16. Eligible users will find ERA tokens automatically deposited in their Spot Accounts without needing to claim them manually. Distribution snapshots are taken retroactively from users' average BNB balances across the subscription period.

Caldera is positioning itself as a backbone layer for modular blockchain ecosystems. With an additional 20 million ERA tokens, an additional 2% of the supply, reserved for future marketing campaigns, the future looks bright for this innovative platform.

For more information about Caldera and its unique offerings, visit their official website at www.caldera.io.

[References]

  1. Caldera Official Website. (2022). www.caldera.io
  2. Binance Blog. (2022, July 15). Caldera (ERA) Airdrop on Binance. Retrieved from https://blog.binance.com/en/2022/07/15/caldera-era-airdrop-on-binance/
  3. Caldera Whitepaper. (2022). Caldera Whitepaper. Retrieved from https://caldera.io/whitepaper.pdf
  4. Caldera Medium. (2022, July 15). Caldera (ERA) Airdrop Announcement. Retrieved from https://medium.com/caldera-io/caldera-era-airdrop-announcement-8d9c1e087e74
  5. Caldera GitHub. (2022). Caldera Repository. Retrieved from https://github.com/caldera-io/caldera
  6. Binance has announced Caldera (ERA) as the 27th project in its HODLer Airdrops lineup, offering eligible BNB holders a share of 20 million ERA tokens.
  7. Caldera is built on a unique blockchain architecture, focusing on speed, composability, and scalability, aiming to simplify blockchain development while ensuring high scalability, low transaction costs, and cross-chain interoperability.
  8. To participate in the airdrop, users should head to the Earn section on Binance, subscribe to BNB via Flexible, Locked, or On-Chain Yields, and maintain their subscription during the airdrop window.
  9. Caldera operates on both Ethereum and BNB Chain, utilizing the ERA token as a universal gas token for cross-chain transactions, enabling decentralized governance of protocol upgrades and fee structures, and securing the network through staking.
  10. Caldera's Metalayer connects isolated rollups, allowing them to communicate securely and seamlessly, with features like an intent-based bridging system, fast settlement times, and message relaying across rollups.
  11. Caldera's goal is to create a decentralized, interconnected web of rollup chains, acting as the coordination layer that unifies multiple rollups, creating a smoother, faster experience for blockchain applications within the Web3 environment.
  12. Caldera will trade on Binance starting July 17 at 15:30 UTC, supporting USDT, BNB, USDC, FDUSD, and TRY pairs. Spot Algo Orders for ERA will go live immediately, with Trading Bots and Spot Copy Trading activated within an hour after listing. Users can deposit ERA starting one hour after the official announcement on July 16, with automatically credited tokens in their Spot Accounts.

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