> ## Documentation Index
> Fetch the complete documentation index at: https://docs.caldera.foundation/llms.txt
> Use this file to discover all available pages before exploring further.
# $ERA Tokenomics & Unlock Schedule
The total supply of \$ERA is 1,000,000,000 tokens. The distribution and unlock schedule are designed to empower the community and ensure the long-term, sustainable growth of the Caldera protocol.
## **Distribution Philosophy**
The \$ERA distribution is designed around a core principle: the value of the network should belong to those who build, secure, and use it. The allocation model prioritizes long-term alignment and rewards genuine participants who are invested in the future of the Internet of Chains.
## **Token Distribution**
This table outlines the final allocation of the total \$ERA supply across key ecosystem categories.
| **Category** | **Allocation** | **Total Tokens** |
| :------------------------ | :------------- | :---------------- |
| Early Backers & Investors | 32.075% | 320,750,123 |
| Community Treasury | 21.00% | 210,000,000 |
| Foundation | 14.94% | 149,400,000 |
| Core Team | 14.75% | 147,500,000 |
| R\&D | 10.235% | 102,349,877 |
| Airdrop | 7.00% | 70,000,000 |
| **Total** | **100.00%** | **1,000,000,000** |
## **Token Unlock Schedule**
The token release schedule is designed with specific mechanisms for each category to ensure network stability and long-term alignment.
**Summary of Key Unlock Terms**
* **Core Team & Early Backers/Investors:** Subject to a 1-year lockup (cliff). At the 12-month mark, 15% of their total allocation unlocks, with the rest unlocking linearly over the subsequent 24 months (concluding at month 36).
* **Foundation** 48,500,000 ERA is unlocked initially. The remaining is locked in a 3-month cliff, at which point 7,058,125 tokens will unlock. Remaining tokens will be unlocked linearly for the 45 months thereafter, unlocking 2,085,375 ERA each month.
* **R\&D** 29.1% (29,834,367 ERA) of the allocation unlocks at the third month anniversary of the TGE, with the remaining \~70.9% unlocking linearly over 48 months.
* **Community Treasury:** 60,000,000 ERA unlocked at TGE, including 10,000,000 (1%) specifically set aside for community airdrop via external partners. With the remaining unlocking linearly (3,125,000 ERA/mo) over the next 48 months after TGE.
Initial unlocked tokens in the foundation and community allocations are being used to support the TGE, including via exchange programs and loans to liquidity providers.
