Introducing plaza.fun — Meme Infrastructure for Polkadot Hub

[Elvis]

When Robert Habermeier proposed the Plaza, he envisioned a hub waiting to come alive — “the New York City, Dubai, London, or Shenzhen of the Polkadot continent.” Every great city needs a marketplace. We’re building it.

plaza.fun is a fair-launch meme token platform built natively on Polkadot Hub — with creator economics designed to reward building, not dumping.

Why Polkadot Hub?

Because Polkadot Hub offers something no other chain does:

• Your meme is a native asset, not a contract. Tokens are issued via pallet_assets at the runtime level — more efficient, more secure, and automatically accessible through EVM (MetaMask, ethers.js, everything just works).
• Your meme is XCM-ready. As native pallet_assets, your tokens are built for cross-chain from day one. As XCM integrations roll out, they’ll move across the Polkadot ecosystem natively — no bridges, no wrapping.
• Gas is consistently near-zero. ~$0.01 per transaction, reliably.
• Creators actually earn. More on this below.

Fair Launch, No Exceptions

Every token launches through a bonding curve. No presale, no team allocation, no VC rounds. 100% of the supply is public from block one.

When the curve fills, the token automatically “graduates” to PlazaSwap (Uniswap V2 style) with permanent liquidity.

Burn & Earn: Why Creators Stay

Here’s where we’re different. At graduation:

• 90% of LP tokens are burned — liquidity is permanently locked. Rug pulls via LP removal are structurally impossible.
• 10% of LP is permanently locked in a vault. The Creator receives a transferable FeeKeyNFT — entitling them to harvest accumulated trading fees from that position, indefinitely.

On most meme platforms, creators have no ongoing revenue after launch. The rational move is to dump and disappear. On plaza.fun, the rational move is to build a community — because your earnings grow with trading volume.

Creators CAN’T	Creators CAN
Remove liquidity	Earn trading fees forever
Pause trading	Transfer or sell FeeKeyNFT
Mint more tokens	Build and grow their community

Where We Are

This isn’t a whitepaper. Contracts are deployed and verifiable on Polkadot Hub TestNet right now:

Contract	Address
OmniBondingCurve	0x34E34B0B7D0Fb20A83606Bdf15629f18D747FfFb
FeeKeyNFT	0xE40e0FB79e94342d77E56f05C4c2D8D04391b5fc
PlazaSwapV2Router	0xe1220F79cF5F655758007a9f11e6A82FDaEBFd45
CreatorFeeVault	0x4E37D1EC1d6A754e9eB3bF9C32f9925791F8AE5d
GraduationManager	0x3cc15CBc84160696372732e26bB717B7dd091fe0

Full contract suite (13 contracts) verifiable on Blockscout. Deployer: 0xE2a729c727b38F8024F0C494217821d8bFAE8005.

What’s next:

• Contracts deployed on TestNet (13 contracts, all verified)
• Public testnet access — within one week
• Block Party #0: Genesis — public testnet event, coming soon
• Mainnet launch — TBD

Who We Are

We’re the Plaza Builders — a team of 6 who shipped 13 smart contracts, a full frontend, an indexer, and a DEX — all built natively on Polkadot Hub. We believe small teams with conviction build the best products.

You can find our founder at @elvis_build.

Come Build With Us

We’re looking for early testers, creators, and community builders who want to be part of this from the start. If you’ve ever wanted to launch a meme on Polkadot — or if you just think this ecosystem could use more fun:

• plaza.fun
• @plaza_fun
• t.me/plaza_fun

What kind of tokens would you want to see launched on Polkadot Hub? What’s missing from current meme platforms? We’d love to hear your thoughts.

The Plaza is being built. Let’s fill it with life.

---

plaza.fun is an independent project building on Polkadot Hub.

[Elvis]

Thanks for the early reads! A couple of things I’d love to get community input on:

1. What kinds of tokens would you be most excited to see launch on Polkadot Hub — memes, community tokens, AI agent tokens, or something else entirely?

2. Testnet is being finalized — we’ll share access soon so you can try the full flow yourself (create → trade → graduation).

We’re also prepping Block Party #0, a community stress-test event to see how the whole system behaves under load. More details coming this week.

If you’ve got questions about how any of the mechanics work, I’m happy to go deep

[crislee]

Although Polkadot doesn’t have meme culture, I’m really looking forward to trying out this product.

[Elvis]

Thanks @crislee! You’re right — Polkadot doesn’t have a meme culture yet. That’s exactly why we’re here. Every ecosystem’s meme culture started with someone building the infrastructure first.

Testnet is coming very soon — keep an eye on this thread and @plaza_fun for updates. Would love to have you as one of the early testers

[Elvis]

Governance Update — #1854 Live, Need Help with Decision Deposit

Quick update: following community feedback on #1853 (thanks @gatotech), we’ve resubmitted as #1854 on the Wish for Change track.

Current tally: 62.9% Aye — the community signal is positive.

We’re now waiting on the Decision Deposit (20,000 DOT, fully refundable). If you or someone you know is able to place it, it would help move this signal forward.

For those new here — this referendum isn’t asking for funding. It’s simply asking: does Polkadot want native meme infrastructure on the Hub?

https://polkadot.subsquare.io/referenda/1854

[Nukeme3]

Care to give a comparison to Hydration’s Memepad?

Hydration - An Ocean of Liquidity

I’d be remiss to say Polkadot has much of a meme culture. Pump.fun clones or ‘ded’icated memecoins have been floated before with little more than lasting regret. Though you’re welcome to do whatever you want (permissionless) you may find difficulty garnering support or funding unless there is a clear outline for success.

[Elvis]

Thanks @Nukeme3 — fair questions, appreciate the directness.

You’re right that Polkadot hasn’t had a strong meme culture yet. We see that as the starting point, not the end of the story.

There are existing tools in the ecosystem for creating meme tokens — and they serve their purpose. Our approach is different in a few key ways:

Hub-Native Assets
Tokens created on plaza.fun are pallet_assets on Polkadot Hub — first-class citizens of the network. XCM-ready from day one, accessible via both MetaMask and Polkadot wallets, with near-zero gas. We believe the Hub is the natural home for shared infrastructure — it’s where everyone passes through.

Fair Price Discovery
Tokens launch on a bonding curve where price rises with demand. No presale, no team allocation, no creator-set initial price. 100% public from block one.

Creator Economics
25% of every trade fee goes to the creator. At graduation, they receive a transferable FeeKeyNFT for permanent LP earnings. This gives creators a real reason to stay and build, not launch and leave.

Structural Safety
At graduation, 90% of LP tokens are burned — enforced by the contract, not by a voluntary action. Liquidity removal is structurally impossible.

As for the “clear outline for success” — totally agree. That’s why we’re running Block Party #0: public testnet, real users, real data. 13 contracts deployed and verified on Blockscout. We’d rather show than tell.

Would love to have you try it and share your thoughts.