Your Favourite Food in Polygon

3 min readMay 29, 2021

With so many Poly-Animals farms that are already existed in Polygon Network as seen from https://vfat.tools/polygon/ , we have decided to go with what was sitting in front of us when developing this project, Pizza.‌

PolyPizza is a new generational yield farm that targets all the sweet spots that farmers crave, just like how Pizza target all the tastebuds.‌

As ex-farmers, we understand how the game works and what is needed to be present to satisfy the cravings of the farmers out there.‌

With the rise of Polygon Network, we have decided to launch PolyPizza in Polygon instead of the congested Binance Smart Chain which is filled with countless issues at the moment.

Launch

We will be engaging in a Stealth Launch method to reduce the chances of bot users sniping at low prices. This is proven to be the most effective strategy as seen from BSC farms and we have decided to employ it as well.‌

To prove that we have no intention of sabotaging our own projects, we will be Burning All Initial Liquidity once the token is launched. We will have ZERO tokens as we do not want to give the impression that we will be dumping our tokens, unlike other projects.‌

Launch Date: June 3, 2021‌

Launch Time: 0300 hr GMT, https://countingdownto.com/?c=3633784‌

Farming Date: June 3, 2021‌

Farming Time: 1500 GMT estimated‌

Price: $6‌

Supply: 100

Emission

In order to maintain a stable growth with low inflation, we will be going with the following emission rate for PolyPizza:‌

Initial Emission Rate: 0.5 Pizza per Block‌

Minimum Emission Rate: 0.1 Pizza per Block

As fiat currency continues to print non-stop, we all know that inflation is inevitable. Just like fiat, if farms constantly mint their token, inflation will also be present.‌

To fight inflation, we will be inputting a code that reduces the minting rate of PIZZA token per block automatically. This will happen every 8 hours and the minting rate will be reduced by 5% until it reaches 0.1 PIZZA per block.

Limit per transaction

Don’t you hate it when someone just walks in and grab your entire slice of pizza away? What makes it worse is that he takes the entire box away with him.‌

This is what a whale does, buying and selling a large number of tokens at once.‌

To prevent this from happening to PIZZA, we have implemented a limit of tokens that can be swap per transaction. The limit is capped at 1% of the circulating supply of PIZZA per transaction.‌

If you wish to make large transactions, you will need to make multiple transactions with each of them being less than 1% of the circulating supply of PIZZA.

Three things are constant in life: Death, Changes and Taxes.

T‌ax

We noted that the manual burns and emission reduction are not enough to curb inflation. Therefore, we will be implementing a 5% in each transaction with PIZZA.‌

The 5% will be broken down into two parts which consist of:‌

Tax burns
Liquidity Adding‌

1% of each PIZZA transaction will be burnt immediately by sending it to the dead address. This way, the supply will constantly reduce for every transaction, battling with the minting rate of 0.5 PIZZA per block.‌

4% of the remaining tax will be used to convert PIZZA into PIZZA-MATIC LP tokens. This is to increase the liquidity of PIZZA-MATIC pool, providing a fairer price for users.