builders design ecosystems
players show up with knives
so build them an arena
most crypto systems try to remove conflict, but the winning mechanics usually channel it
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gm casters
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just created a claws market for @dish on @clawstech 🦞
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PIZZA LAUNCHES TODAY - 6PM UTC
In under 9 hours, the official $PIZZA token goes live for Pizza City on Base, launched via Clanker
Pizza City itself goes live 24 hours after the $PIZZA token launch
$PIZZA is the core asset of the City’s onchain street economy
SUPPLY & EMISSIONS
- 100B total supply
- 15B initial liquidity pool seeding
- 5B city pioneers
- 80B (≈80%) secured in a smart contract vault
- Emitted over 24 months via a continuous Dutch auction
- Emission halving every 30 days
FACTIONS
Your first successful bid assigns you randomly to one of four factions controlling the City’s pizza supply lines
Faction choice is not cosmetic. It defines your lane. Faction only group chats powered by XMTP are provided on Day 1
AUCTION MECHANICS
- Continuous Dutch auction
- Open to all
- Bakers earn $PIZZA emissions for the duration of the next bake
Auto-bid and auto-stake are optional conveniences
Manual bidding and staking are also available
TAKEOVER POT DISTRIBUTION
When new Bakers take over:
- 80% distributed proportionally to previous Bakers
- Paid alongside their $PIZZA emissions for that bake
- 15% routed to the City Treasury
- 5% frontend providers
Anyone can build permissionless on top of the protocol. Factions may choose to work together to build and secure their wins
CITY-OWNED LIQUIDITY
100% of City fees are used to build protocol-owned liquidity over time
Fee distribution:
- 50% of $PIZZA + WETH added directly to City LP
- 50% of remaining $PIZZA streamed to City Hall stakers over 30 days
- 50% of remaining WETH sent to the governance treasury
Governance funds are allocated via onchain voting for ecosystem growth and investments
CITY HALL STAKING
- Earn rewards every second
- No lockups
- Deposits and withdrawals permitted at all times
- 10% refinement fee applied on reward claims
- Refinement fees are redistributed proportionally to other stakers based on unclaimed balances
GOVERNANCE POWER
Unclaimed $PIZZA = Voting Power
Hold conviction. Accumulate influence
A new era is about to begin
Pizza City is open to explore today
https://pizzacity.app/
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wow check out this pizzacity video by @afrochicks 🍕👀
connected with Naomi after seeing her show up daily on the app making money and baking $pizza
absolutely killed it 🙌
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gm $pizza fam
today we celebrate the city’s first week since launch
since then we’ve achieved some notable milestones;
- 330 takeover rounds
- 195 new citizens
- $22,500 worth of $pizza buys
- 15 eth of city treasury funds used to increase city owned liquidity
- 95+ ETH of protocol revenue ~ $280k+
- $221k+ paid to bakers
city’s liquidity is now generating the most volume with fees rewarded to $pizza stakers over 30 days - currently sitting at 24.3% APR
active @quotient campaign for 150m $pizza
https://farcaster.xyz/quotient/0x49eaffbb
tipping $pizza to posts via @noiceapp
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What The Firkin? Dev Update
We’re excited to share the first release of our platform & miniapp tomorrow evening - we’ve been working hard to get this right for everyone
As you may have already seen - clanker v4 contracts are coming this week (eta 17th June) - we will be implementing v4 contracts from the offset to utilise the new and improved fee mechanics
Our devs will be testing v4 deployments this week and ensure that flawless experience is ready to rollout for the platform
For tomorrows release we will be providing public access to the auction page - we will be monitoring performance and taking feedback to make improvements as required
All auction fees prior to the pre-sale and token launch release will be used to purchase our WTF? token and that supply will be added to the Staking & Community vault allocation
Clanker v4 token launching with our What The Firkin pre-sale is expected to release later in the week - we will announce this once we’re ready
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