diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md
index 3939e101..dbb587ed 100644
--- a/entities/internet-finance/futardio.md
+++ b/entities/internet-finance/futardio.md
@@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 
 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
+- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] failed: first wallet infrastructure project on platform raised $97,535 of $375K target (26%) before refunding
 ## Competitive Position
 - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
 - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."
diff --git a/entities/internet-finance/salmon-wallet-futardio-fundraise.md b/entities/internet-finance/salmon-wallet-futardio-fundraise.md
new file mode 100644
index 00000000..2842f62e
--- /dev/null
+++ b/entities/internet-finance/salmon-wallet-futardio-fundraise.md
@@ -0,0 +1,45 @@
+---
+type: entity
+entity_type: decision_market
+name: "Salmon Wallet: Futardio Fundraise"
+domain: internet-finance
+status: failed
+parent_entity: "[[salmon-wallet]]"
+platform: futardio
+proposal_url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
+proposal_date: 2026-03-03
+resolution_date: 2026-03-04
+category: fundraise
+raise_target: "$375,000"
+total_committed: "$97,535"
+token_mint: "DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta"
+token_ticker: "SAL"
+summary: "Open-source wallet infrastructure project seeking 12-month operational runway through futarchy-governed fundraise"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Salmon Wallet: Futardio Fundraise
+
+## Summary
+Salmon Wallet, an established open-source self-custodial wallet (active since 2022, listed on Solana wallet adapter), attempted to raise $375K through MetaDAO's futarchy platform for 12-month operational runway. The raise achieved only 26% of target ($97,535) before closing in refunding status after one day.
+
+## Market Data
+- **Outcome:** Failed (refunding)
+- **Raise Target:** $375,000
+- **Total Committed:** $97,535 (26% of target)
+- **Launch Date:** 2026-03-03
+- **Close Date:** 2026-03-04
+- **Token:** SAL (Salmon Token)
+- **Planned Use:** $25K monthly burn for 12-month runway (73% team, 17% infrastructure, 8% growth, 2% governance/legal)
+
+## Significance
+First observed wallet infrastructure project attempting futarchy-governed fundraising on MetaDAO platform. The failed raise provides empirical evidence that futarchy adoption barriers extend beyond pure capital allocation vehicles to operational software projects with traditional burn rates and development roadmaps. Despite established track record ($122.5K prior funding, 4 years operational history), the project failed to attract sufficient capital through market mechanisms, suggesting relationship-based VC funding may still dominate for operational software infrastructure.
+
+## Relationship to KB
+- [[salmon-wallet]] — parent entity
+- [[futardio]] — launch platform
+- [[metadao]] — futarchy infrastructure
+- Enriches [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]]
+- Enriches [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]]
+- Enriches [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]]
\ No newline at end of file
diff --git a/entities/internet-finance/salmon-wallet.md b/entities/internet-finance/salmon-wallet.md
new file mode 100644
index 00000000..edd3fcda
--- /dev/null
+++ b/entities/internet-finance/salmon-wallet.md
@@ -0,0 +1,38 @@
+---
+type: entity
+entity_type: company
+name: Salmon Wallet
+domain: internet-finance
+status: active
+founded: 2022
+website: https://salmonwallet.io/
+social:
+  twitter: https://x.com/salmonwallet
+  telegram: https://t.me/salmon_wallet
+  github: https://github.com/salmon-wallet
+key_metrics:
+  prior_funding: "$122,500 (bootstrap + grants)"
+  monthly_burn: "$25,000"
+  wallet_adapter_listed: "2022"
+tracked_by: rio
+created: 2026-03-11
+---
+
+# Salmon Wallet
+
+Open-source self-custodial cryptocurrency wallet built primarily on Solana with Bitcoin support. Active since 2022, listed on Solana wallet adapter. Operates own Solana validator for transparent revenue. Attempted futarchy-governed fundraising through MetaDAO in March 2026.
+
+## Timeline
+- **2022** — Project founded, listed on Solana wallet adapter, received $80K bootstrap funding
+- **2022-2024** — Received $42.5K in grants (Serum: $2.5K, Eclipse: $40K)
+- **2026-03-03** — [[salmon-wallet-futardio-fundraise]] launched seeking $375K for 12-month runway
+- **2026-03-04** — Fundraise closed in refunding status after raising $97,535 (26% of target)
+
+## Relationship to KB
+- First observed wallet infrastructure project attempting futarchy-governed fundraising
+- Empirical case of futarchy adoption friction for operational software projects
+- Example of traditional operational structure (burn rates, roadmaps) beneath futarchy governance layer
+
+## Related Entities
+- [[futardio]] — launch platform
+- [[metadao]] — futarchy infrastructure provider
\ No newline at end of file
diff --git a/inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md b/inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md
index 5b703394..73344288 100644
--- a/inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md
+++ b/inbox/archive/2026-03-03-futardio-launch-salmon-wallet.md
@@ -6,7 +6,7 @@ url: "https://www.futard.io/launch/Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF"
 date: 2026-03-03
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
 processed_by: rio
@@ -14,6 +14,11 @@ processed_date: 2026-03-11
 enrichments_applied: ["MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
 extraction_model: "anthropic/claude-sonnet-4.5"
 extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. Enriches existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges."
+processed_by: rio
+processed_date: 2026-03-11
+enrichments_applied: ["futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements.md", "MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale.md", "futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance.md"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "First observed futarchy-governed wallet infrastructure project on MetaDAO platform. Failed raise (26% of target in 1 day) provides empirical data on futarchy adoption friction for operational software vs pure capital allocation vehicles. No novel claims extracted — all insights enrich existing claims about MetaDAO scope expansion, adoption barriers, and operational governance challenges. Created entity pages for Salmon Wallet and the decision market, updated Futardio timeline."
 ---
 
 ## Launch Details
@@ -215,3 +220,12 @@ Secondary:
 - Launch address: Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF
 - Operates own Solana validator for transparent revenue
 - Listed on Solana wallet adapter since 2022
+
+
+## Key Facts
+- Salmon Wallet active since 2022, listed on Solana wallet adapter
+- Prior funding: $80K bootstrap (2022) + $42.5K grants (Serum $2.5K, Eclipse $40K)
+- Operates own Solana validator for revenue
+- Planned $25K monthly burn: 73% team, 17% infrastructure, 8% growth, 2% governance/legal
+- Token: SAL (Salmon Token), mint: DDPW4sZT9GsSb2mSfY9Yi9EBZGnBQ2LvvJTXCpnLmeta
+- Launch address: Aakx1gdDoNQYqiv5uoqdXx56mGr6AbZh73SWpxHrk2qF