Unlike Crypto narrative cocoons, I have always viewed the RaaS race as a main demand driven rather than narrative driven race. However, due to the product side's to-B rather than to-C characteristics, the public's understanding of the RaaS race is significantly weaker than that of to-C products. This is also the reason why @ Calderaxyz has not been valued by the market, but from the current ecological map and TVL data@ Calderaxyz is undoubtedly the leader of the RaaS race track. The native token ERA TGE is coming soon, and this tweet will briefly discuss the reasons why Caldera, a pioneer in the RaaS track, is far undervalued by the market. Currently, there are over 30 Rollup chains built on @ Calderaxyz's RaaS technology stack, including generic and app specific Rollup chains such as @ MantaNetwork @ apecoin @ zerodotnetwork @ KintoXYZ @ townsxyz, with a related on chain ecosystem TVL exceeding $600 million. It is currently the most widely adopted RaaS service provider. In terms of technical architecture@ Calderaxyz is divided into two core components: Rollup engine and MetaLayer; The Rollup engine provides a one click code free service for public chain developers to send Rollup chains; MetaLayer is a seamless interoperability solution proposed by Caldera, which achieves seamless interoperability between Rollup chains while improving the composability between different assets and protocols. For the Rollup chain itself, the RaaS stack launch is just the starting point, and exploring the truly needed application scenarios on the chain to find PMF is the ultimate skill. This also implies that RaaS's moat is not about the convenience of one click blockchain, but about helping these Rollup chains find the demand points on the chain, which is exactly what @ Calderaxyz MetaLayer will do.