IMPORTANT UPDATE: PIGEONOMICS 101 First: we lock 108 million tokens into the Meteora pool. Permanently. Not time-locked. Not multisig-unlockable. Permanently. Meteora’s own permanent_lock_position instruction. Gone forever. No competitor pool for PIGEON will ever have this depth. Any shallow pool someone tries to spin up as an alternative gets one large seller and it’s dead. Our pool cannot be destabilized by any single actor. It compounds depth over time. The routing algorithm is not a moral agent. It sends volume to the deepest pool because that is where the best price is. We are building the deepest pool. This is not hope. This is math. Second: the burn mechanism itself makes our pool structurally better than any alternative every single day it operates. Every sell burns supply. Supply compresses. Each remaining token is backed by more liquidity per unit. The pool’s liquidity-to-supply ratio improves automatically with every burn event. Competitor pools do not have this. They are static. Ours gets stronger with every transaction. Shallow pools become less attractive over time. Our pool becomes more attractive over time. This is not a feature. It is a compounding structural advantage that widens the gap every single day. Third: we asked Meteora directly whether DAMM v2 supports program-level whitelisting. Whether the pool itself can be configured to reject any swap call that does not come from our burn router program address. If yes, the bypass doesn’t exist. Not expensive. Not difficult. Impossible. A terminal hitting our pool directly gets rejected at the program level before a single instruction executes. We are waiting on that answer. If the answer is yes, the architecture is closed. If the answer is no, layers one and two already handle it through pure economics and they are sufficient. Fourth: Jupiter. Jupiter is a routing algorithm. It does not have opinions. It sends volume where execution is best. We are registering the burn router as a valid route. When our pool is the deepest and the router is in Jupiter’s routing table, Jupiter sends volume through the burn automatically. Not because we asked. Because the math is correct. The goal is to be so obviously the best execution venue for PIGEON that every aggregator on Solana routes here by default. We are not asking for cooperation. We are building something that makes cooperation the only rational choice. PIGEON