In a mixing bowl, combine warm water and yeast. Let it sit for 5 minutes until frothy.

Add flour, salt, and olive oil to the yeast mixture. Mix until a dough forms.

Knead the dough on a floured surface for about 5-7 minutes until smooth.

Place the dough in a greased bowl, cover with a towel, and let it rise in a warm place for 1 hour.

Preheat the oven to 475°F (245°C) with a pizza stone inside.

Roll out the dough on a floured surface to your desired thickness.

Transfer the rolled dough to a pizza peel dusted with flour.

Spread tomato sauce evenly over the dough, leaving a border for the crust.

Sprinkle mozzarella and parmesan cheese over the sauce, then add pepperoni and oregano.

Carefully slide the pizza onto the preheated pizza stone in the oven.

Bake for 12-15 minutes until the crust is golden and cheese is bubbly.

Remove from the oven, garnish with fresh basil, slice, and serve hot.