diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md
index 9f0ae5600..b7a318d17 100644
--- a/entities/internet-finance/metadao.md
+++ b/entities/internet-finance/metadao.md
@@ -54,6 +54,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **2026-03** — Pine Analytics Q4 2025 quarterly report published
 
 - **2024-02-18** — [[metadao-otc-trade-pantera-capital]] failed: Pantera Capital's $50,000 OTC purchase proposal rejected by futarchy markets
+- **2026-03-00** — Competitive positioning analysis shows 8 ICOs completed, $25.6M raised, 15x average oversubscription, positioned as 'quality filter' opposite of Pump.fun's permissionless model
 ## Key Decisions
 | Date | Proposal | Proposer | Category | Outcome |
 |------|----------|----------|----------|---------|
diff --git a/inbox/archive/2026-03-00-solana-launchpad-competitive-landscape.md b/inbox/archive/2026-03-00-solana-launchpad-competitive-landscape.md
index 51f097789..e6449daa1 100644
--- a/inbox/archive/2026-03-00-solana-launchpad-competitive-landscape.md
+++ b/inbox/archive/2026-03-00-solana-launchpad-competitive-landscape.md
@@ -7,9 +7,14 @@ date: 2026-03-00
 domain: internet-finance
 secondary_domains: []
 format: market-analysis
-status: unprocessed
+status: enrichment
 priority: medium
 tags: [solana, launchpads, pump-fun, metadao, capital-formation, token-launches, competitive-landscape]
+processed_by: rio
+processed_date: 2026-03-11
+enrichments_applied: ["futarchy-governed-permissionless-launches-require-brand-separation-to-manage-reputational-liability.md", "ownership-coins-primary-value-proposition-is-investor-protection-not-governance-quality.md", "cryptos-primary-use-case-is-capital-formation-not-payments-or-store-of-value.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"]
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Extracted two comparative claims about the Solana launchpad competitive landscape, focusing on the curation-permissionless spectrum and MetaDAO's positioning. Created entity pages for Pump.fun, Solanium, Bags.fm, and Magic Eden as significant competitive players. Applied four enrichments to existing claims about futarchy governance, investor protection, and capital formation. The <0.5% survival rate statistic is the strongest empirical validation for curation demand. Noted caution on causation vs correlation for MetaDAO's oversubscription — sample size and timing effects need consideration."
 ---
 
 ## Content
@@ -52,3 +57,13 @@ MetaDAO and Solanium are positioned as solutions — MetaDAO through futarchy pr
 PRIMARY CONNECTION: [[futarchy-governed permissionless launches require brand separation to manage reputational liability]]
 WHY ARCHIVED: Competitive landscape data positions MetaDAO's futarchy model against permissionless alternatives — survival rate data is the strongest argument for curation
 EXTRACTION HINT: Focus on the curation vs permissionless spectrum as a market structure claim — what does the 9M tokens / <0.5% survival rate tell us about where value accrues in capital formation?
+
+
+## Key Facts
+- Pump.fun: $700M+ revenue since January 2024, 11M+ tokens launched, 70% market share at peak, <0.5% 30-day survival rate
+- MetaDAO: 8 ICOs, $25.6M raised, 15x average oversubscription
+- Solana ecosystem: 9M+ tokens launched in 2025, <0.5% survival beyond 30 days
+- Pump.fun bonding curve model: 1B tokens per launch, 800M to bonding curve
+- Bags.fm: 1% perpetual revenue share on trading volume
+- Solanium: KYC + staking tiers + community vetting model
+- Magic Eden: Highly selective NFT-focused launchpad