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PigeonHouse (PIGEON) is the native token powering a Solana launchpad built from scratch around PIGEON-denominated token launches. Every trade fuels a deflationary engine through on-chain burns, treasury mechanics, and perpetual post-graduation fee burns via Raydium CPMM. More than a launchpad, PigeonHouse is building a full DeFi ecosystem where PIGEON is the base currency, unit of account, and core value layer.