diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md
index 9f0ae5600..0909287ad 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 landscape analysis positions MetaDAO as 'quality filter' opposite of Pump.fun, with 8 ICOs raising $25.6M at 15x oversubscription vs Pump.fun's 11M+ tokens with <0.5% survival rate
 ## 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..173d15a37 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", "cryptos-primary-use-case-is-capital-formation-not-payments-or-store-of-value.md", "ownership-coins-primary-value-proposition-is-investor-protection-not-governance-quality.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 novel claims about launchpad competitive dynamics and quality-revenue decoupling. Applied four enrichments to existing MetaDAO and futarchy claims with strong empirical validation. Created four new entity pages for major Solana launchpad competitors (Pump.fun, Solanium, Bags.fm, Magic Eden) and updated MetaDAO timeline. The <0.5% survival rate across 9M tokens is the key data point that validates the curation thesis. Agent notes correctly identified this as competitive positioning evidence for MetaDAO's futarchy model."
 ---
 
 ## 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
+- 9 million tokens launched on Solana in 2025
+- Pump.fun: 11M+ tokens launched, $700M+ revenue since Jan 2024, 70% market share at peak, <0.5% survival beyond 30 days
+- MetaDAO: 8 ICOs, $25.6M raised, 15x oversubscription as of early 2026
+- Pump.fun bonding curve: 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: NFT-focused, highly selective launchpad