On general-purpose networks like Ethereum, verifying a single ZK proof can consume 200,000–300,000 gas and cost between $20–60 during peak times. zkVerify takes on this burden, providing a cheap, fast, and scalable verification layer for multiple networks. 

Team & Development 

• Developer: Ellipsis Distributed Systems 
• Lead Contractor: Horizen Labs 
• Designed to solve rising verification costs and EVM limitations with the growth of ZK-rollups. 

Partnerships 

• Horizen – Strategic collaboration 
• Base (Coinbase’s L2 solution) – One of the first major integrations 
• Additional: Developer competitions, grants, and community incentives support the ecosystem. 

Project Idea and Purpose 

The project’s core idea is solving the cost and complexity issues of ZK proof verification. As ZK-rollups and ZK technology expand, affordable and reliable proof verification becomes critical. 

Main Goals of zkVerify: 

• Lower Verification Costs: Reduce costs by over 90% compared to Ethereum and stabilize them against gas volatility. 
• Proof System Independence: Directly verify multiple ZK proof systems (STARK, Groth16, Plonky2) without conversion. 
• Universal Verification Layer: Offer seamless, cross-chain verification across ecosystems like Ethereum, Solana, and more. 

How It Works (Technical Innovation and Difference) 

• Dedicated Modular L1: A blockchain focused solely on ZK proof verification with its own consensus and security. 
• Proof-Agnostic Architecture: Compatible with Fflonk, Groth16, Plonky2, and easily expandable to new proof systems via runtime upgrades. 
• High Performance: Millisecond-level verification without competition from other transaction types. 
• Workflow: Accepts user-generated ZK proofs, verifies them, and records both proof and result on-chain. 

Objectives and Solutions 

• Native verification for STARK and SNARK without conversion. 
• Multi-chain compatibility: Ethereum, Solana, Bitcoin L2s, etc. 
• Up to 90% savings on verification fees. 
• Millisecond-level scalability. 

Governance 

• VFY holders can vote on: 
• Network upgrades 
• Protocol changes 
• Adding new proof types 

Roadmap 

• May 2024: First testnet launch 
• Sept 2024: Community & developer testing 
• Q1 2025: Volta permanent testnet, staking, governance 
• June 2025: Horizen partnership + Base integration 
• July 2025: 1M verification transactions completed 
• September 30, 2025 – VFY token will be listed on Binance Alpha and Binance Futures. 

VFY Token 

• Name: zkVerify (VFY) 
• Total Supply: 1,000,000,000 VFY 
• Max Supply: 1,000,000,000 VFY 
• Circulating Supply: 331,190,000 VFY 

Utilities: 

• Transaction fees for verification 
• Staking for validator security 
• Governance voting 
• Incentives: developer grants, hackathons, community rewards 

Distribution

• Community: 373,064,875 VFY (37.3%) 
• Foundation: 330,635,125 VFY (33.1%) 
• Core Contributors: 196,300,000 VFY (19.6%) 
• Investors: 100,000,000 VFY (10%)
• Unlock schedules are gradual with monthly releases post-TGE. 

Ecosystem & Use Cases 

• Multi-chain compatibility: Single verification layer for Ethereum, Solana, Bitcoin L2s 
• AI Security: Proofs for AI models (deepfake prevention, data provenance) 
• Privacy Regulations: GDPR/CCPA-compliant proofing without leaking PII 
• ZK Applications & Rollups: Offload heavy verification to zkVerify for speed and cost reduction 

Key Features 

• Modular L1 dedicated to ZK verification 
• Proof-agnostic: Groth16, Plonky2, Fflonk, STARK, RISC0, UltraPlonk supported 
• 90%+ cheaper than Ethereum 
• Millisecond verification speeds 
• Future-proof with runtime upgrades 

Official Links 

• Website
• Twitter
• Telegram

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Founded in 2017, the project aims to power the next evolution of smart contracts with customizable blockchains called Metagraphs. This allows projects, institutions, and developers to build their own specialized blockchains that run on the Constellation Hypergraph network. 

Vision and Purpose 

• Constellation targets the scalability, data validation, and interoperability challenges of existing blockchains. Key areas include: 
• Big Data Processing: Focused on AI, defense, healthcare, IoT, and finance. 
• Feeless Transactions: No gas fees for users. 
• Metagraph Architecture: Projects define their own rules, tokenomics, and logic. 
• Real-World Integration: Enables processing of real-world data without external oracles. 

Team and Founders 

• Benjamin Jorgensen (CEO): Former Klick Push CEO with entrepreneurship background. 
• Benjamin Diggles (CRO): Experience at Oracle, Universal Pictures, Disney. 
• Altif Brown (Community Director): Over a decade in Silicon Valley community building. 
• Mathias Goldmann (COO): ECB and PwC background, finance & operations. 
• Wyatt Meldman-Floch (CTO): Technical architect, ex-NASA Ames Research Center. 

Investors and Partnerships 

• Constellation strengthens its ecosystem across three domains: 
• Metagraph / L1 Tokens: Custom chains on Constellation (e.g., Alkimi, Geo-MFA, Greenheart CBD, Finnovant). 
• Ecosystem Partners: Wallets, exchanges, and integrations (e.g., Stargazer Wallet, KuCoin, Blockfolio, Chainlink, Polygon). 
• Federal & Enterprise: Big data and security collaborations (e.g., U.S. Department of Defense, Air Force, Splunk, AWS GovCloud, IEEE). 

How It Works 

• Metagraph (Custom Blockchains): Each project sets its own rules. 
• Hypergraph (L0 Layer): Connects all Metagraphs securely. 
• Proof of Reputable Observation (PRO): Consensus rewards based on node reputation. 
• DAG Token: Powers transactions, validator rewards, and integrations. 

Governance 

• Validators: Stake 250,000 $DAG to secure the network. 
• Delegators: Delegate DAG to validators for rewards. 
• Community: Drives governance, incentives, and grants. 

Roadmap 

• 2017–2018: Launch, whitepaper, Orion platform, ICO. 
• 2019: U.S. Air Force agreement. 
• 2021: Defense Department integration, Hypergraph development. 
• 2022+: Metagraph adoption, DeFi & AI integrations. 
• Future: Global Web3 and enterprise adoption. 

Token Utility ($DAG) 

• Staking & Delegation: Validators stake 250,000 DAG; delegators earn rewards. 
• Snapshot Fees: Free transactions; metagraphs pay DAG for validation. 
• Ecosystem Incentives: Grants, marketing, community rewards. 
• Trading & DeFi: Listed on CEX and DEX platforms. 
• Tokenomics Model: Inflationary rewards + deflationary burn of snapshot fees ensure sustainability. 

Token Information 

• Name: Constellation (DAG) 
• Total Supply: 3.71 billion 
• Circulating Supply: ~1.27 billion (as of 2021) 
• Launch: June 2018 ICO 
• Type: Initially ERC-20, later migrated to Hypergraph 

Ecosystem 

• Metagraphs: AI, healthcare, identity, IoT, finance. 
• Wallets: Molly Wallet, Stargazer Wallet. 
• DEX: PacaSwap, plus 15+ CEX/DEX listings. 
• Enterprise Partners: Defense, data security, big data solutions. 

Key Features 

• Zero Transaction Fees 
• Unlimited Scalability 
• Flexible Metagraph Structure 
• Enterprise-Grade Data Security 
• U.S. Air Force Partnership 

Official Links 

• Website
• Twitter
• Telegram

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Caldera (ERA) Airdrop and Listing Details

Binance listed Caldera (ERA) as the 27th HODLer Airdrop project. Between July 1–5, 2025, users who deposited BNB into Simple Earn (Flexible/Locked) or On-Chain Yields products will receive a total reward of 20 million ERA tokens. This amount equals 2% of the total supply. 

Airdrop tokens will reflect in users’ Spot Accounts at least one hour before trading starts. Snapshot details will be shared within 24 hours. 

Spot Trading Start: July 17, 2025, 15:30 UTC 

• Trading Pairs:
  ERA/USDT
  ERA/USDC
  ERA/BNB
  ERA/FDUSD
  ERA/TRY 

Circulating Supply at Listing: 148,500,000 ERA (14.85%) 

Smart Contract Addresses:

•  BNB Chain: 0x00312400303d02c323295f6E8b7309bc30FB6BcE
• Ethereum: 0xE2AD0BF751834f2fbdC62A41014f84d67cA1de2A 

ERA deposits became active one hour after the announcement. Binance will publish a detailed research report on Caldera within 48 hours. 

Click here to register on Binance with a 20% trading fee discount!

About ERA Token

Caldera is a modular infrastructure protocol that allows developers to create customized rollup chains. It aims to deliver high speed and low-cost transactions for Web3 applications, enhancing user experience. Security leverages Ethereum and BNB Chain’s safety. 

With this listing, Binance continues its support for modular blockchain infrastructures and early-stage Web3 projects. 

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What Is Caldera (ERA)?

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