In the world of blockchain, a remarkable phenomenon is occurring: the ERA token is becoming an important component of the multi-chain ecosystem. This is not just an ordinary gas token, but plays a key role across 75 different blockchains.



From artificial intelligence to gaming, and then to supply chain management, the application scope of the ERA token is continuously expanding. On the AI chain, each call to the image recognition model requires the consumption of 0.1 ERA. In the gaming chain, every transaction of metaverse items deducts 0.05 ERA. Even in the logistics settlement of cross-border supply chains, ERA is used as an 'intermediary currency'. Currently, there are 300,000 transactions consuming ERA daily across these 75 chains, showcasing its potential as the 'universal electric card' in a multi-chain world.

Another significant advantage of ERA is its cross-chain capability. Users can purchase ERA on Ethereum and then transfer it directly to the Polygon chain for use, with transaction fees being 80% lower than traditional cross-chain bridges and speeds being 5 times faster. This high efficiency and low cost feature gives ERA a tremendous advantage in cross-border payments. Cross-border e-commerce companies have found that using ERA for cross-chain payments can reduce costs from 3% to 0.5%, greatly enhancing operational efficiency.

With the addition of 5 to 8 new chains to the ecosystem each month, each new chain requires a reserve of 1 million ERA as 'startup fuel', and the demand for ERA is expected to continue growing. This 'more chains, higher demand' development model has attracted the attention of institutional investors. It has been reported that Grayscale recently increased its ERA holdings by 15%, indicating a positive outlook from institutions on the future development of ERA.

Although the current price of ERA is still relatively low, its value potential is worth paying attention to as its importance in the multi-chain ecosystem continues to rise. For those who are interested in the development of blockchain technology and seeking potential investment opportunities, the ERA token is undoubtedly a subject worth further study.
ERA6.95%
ETH1.95%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
SignatureDeniedvip
· 08-04 03:46
Let's go, base builder!
View OriginalReply0
RektRecordervip
· 08-03 04:50
I have already made a move.
View OriginalReply0
BrokenDAOvip
· 08-03 04:49
Beautiful story packaging, but the reserved fuel mechanism is just a glaring financial black hole.
View OriginalReply0
SerumDegenvip
· 08-03 04:48
ser, this era pump is giving me 2017 eth vibes... ngmi if not loading bags rn
Reply0
SolidityNewbievip
· 08-03 04:44
3000 has been All in
View OriginalReply0
TokenAlchemistvip
· 08-03 04:39
clear asymmetric alpha detected here. accumulating era silently while plebs sleep on it...
Reply0
fren.ethvip
· 08-03 04:36
Bought the dip. Now is the opportunity.
View OriginalReply0
SelfCustodyIssuesvip
· 08-03 04:21
The cross-chain fees are so low, it's really nice.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)