๐ Getting Started
Welcome to Ponzi Land, the first fully on-chain game where you can buy, trade, and earn using any ERC-20 token. This permissionless economic battleground challenges you to outmaneuver, out-trade, and outlast the competition in a decentralized, token-agnostic system.
๐ Setting Upโ
Before you dive into Ponzi Land, make sure youโre prepared:
- Connect Your Wallet โ You'll need a Starknet-compatible wallet.
- Acquire Land โ You can either:
- Buy land in a Dutch auction (new land sales).
- Buy land from another player who has listed it for sale.
- List Your Land for Sale โ Every land you buy must be listed for sale.
- You set the sale price and choose any ERC-20 token for the listing.
- The chosen token must be paired with a liquid token (LORDS, STRK, ETH).
- Understand the Tax System โ Your tax rate is based on the sale price you set:
- A percentage (2%) of your sale price is taxed per day.
- The tax is paid in the same token you list the land for.
- The 8 neighboring tiles receive the tax.
- Stay Liquid or Lose Your Land โ If your land runs out of staked tokens, it gets reclaimed and re-auctioned.
๐ฎ Core Mechanicsโ
Ponzi Land revolves around three fundamental principles:
๐ 1. Acquire & Stake Landโ
- Purchase land through Dutch auctions or from other players.
- You must list the land for sale immediately after purchasing it.
- Choose any ERC-20 token (must be in an LP with a liquid token like LORDS, STRK, or ETH).
- Stake any amount of that token to set the sale price.
๐ฐ 2. Earn & Surviveโ
- Earn passive taxes from neighboring landowners.
- Be strategicโhigher sale prices mean higher taxes.
- If your staked balance runs out, you lose the land.
๐ญ 3. Manipulate & Flipโ
- Buy undervalued land and resell for profit.
- Watch out for LP manipulationโif a token loses liquidity, the land gets nuked.
- Nuke Mechanic: If a token becomes illiquid, the system will automatically reclaim the land.
๐ฅ How to Get Landโ
There are two ways to acquire land:
- Dutch Auction โ New land tiles enter the game through an auction where the price decreases over time until someone buys it.
- Buy from Another Player โ Purchase land that other players have listed for sale.
๐ You only need to do one of these to start playingโno need to participate in both!
๐ฐ Tax System (How You Pay & Earn)โ
- The tax rate is determined by your sale price โ the higher you price your land, the more tax you pay.
- Taxes are paid in the token you chose for the land sale.
- Taxes go to the 8 neighboring tiles around your land.
- If your staked balance runs out, you lose ownership, and the land goes back to auction.
โข๏ธ Nuke Mechanic (Anti-Rug Protection)โ
To prevent manipulation:
- Every land has a sell price, token, and LP address.
- The system checks the LP liquidity of each landโs token.
- If liquidity is too low, the land is nuked and becomes ownerless.
๐ธ Claiming Taxesโ
Since Starknet is static, taxes aren't auto-distributed. Instead:
- You must manually claim your tax revenue.
- Use the claim button (multi-call enabled) to collect from all neighbors.
- Taxes accumulate over time until collected.
๐ Your First Moveโ
- Choose Your Entry โ Get land through an auction or buy from a player.
- Set a Competitive Sale Price โ This affects your tax rate.
- Stake & Earn โ Ensure you have enough staked to keep your land active.
- Claim & Flip โ Reinvest earnings, flip land, and grow your holdings.
๐ Ready to dive deeper? Check out the Game Rules for advanced strategies!