diff --git a/entities/internet-finance/metadao.md b/entities/internet-finance/metadao.md index 66a59610..47c92ebd 100644 --- a/entities/internet-finance/metadao.md +++ b/entities/internet-finance/metadao.md @@ -133,6 +133,7 @@ The futarchy governance protocol on Solana. Implements decision markets through - **2026-03-21** — [[metadao-meta036-hanson-futarchy-research]] Active at 50% likelihood: $80K GMU research engagement with Robin Hanson to experimentally validate futarchy governance - **2026-03** — [[metadao-gmu-futarchy-research-funding]] Active: Proposal to fund six-month futarchy research engagement with Robin Hanson at GMU - **2024-06-30** — BDF3M term expired and was not renewed, with Futarchy-as-a-Service having launched in May 2024 addressing the underlying operational bottleneck +- **2026-03-22** — [[metadao-umbra-privacy-proposal-2026]] Active: Umbra Privacy proposal at 84% pass likelihood with $408K conditional market volume ## Key Decisions | Date | Proposal | Proposer | Category | Outcome | |------|----------|----------|----------|---------| diff --git a/entities/internet-finance/ranger-finance.md b/entities/internet-finance/ranger-finance.md index b9a1f052..c0212dd0 100644 --- a/entities/internet-finance/ranger-finance.md +++ b/entities/internet-finance/ranger-finance.md @@ -52,6 +52,7 @@ Perps aggregator and DEX aggregation platform on Solana/Hyperliquid. Three produ - **2026-03-13** — [[ranger-finance-liquidation-march-2026]] Passed: Futarchy governance voted to liquidate following material misrepresentation; $5.047M USDC returned to token holders - **2026-03-23** — Liquidation proposal passed with 97% support and $581K trading volume, returning ~5M USDC to unlocked RNGR holders at $0.78 book value; IP returned to team - **2026-03-23** — [[ranger-finance-liquidation-2026]] Passed with 97% support: returned ~5M USDC to holders at $0.78 book value +- **2026-03-23** — [[ranger-finance-liquidation-2026]] Passed with 97% support: Liquidation approved, ~$5M USDC returned to holders at $0.78 book value ## Significance for KB Ranger is THE test case for futarchy-governed enforcement. The system is working as designed: investors funded a project, the project underperformed relative to representations, the community used futarchy to force liquidation and treasury return. This is exactly what the "unruggable ICO" mechanism promises — and Ranger is the first live demonstration.