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- Files: entities/internet-finance/ranger-finance.md

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@ -54,6 +54,7 @@ Perps aggregator and DEX aggregation platform on Solana/Hyperliquid. Three produ
- **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: 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 - **2026-03-23** — [[ranger-finance-liquidation-2026]] Passed with 97% support: Liquidation approved, ~$5M USDC returned to holders at $0.78 book value
- **2026-03-23** — [[ranger-finance-liquidation-march-2026]] Passed: Liquidation approved with 97% support, returned ~5M USDC to holders at $0.78 book value - **2026-03-23** — [[ranger-finance-liquidation-march-2026]] Passed: Liquidation approved with 97% support, returned ~5M USDC to holders at $0.78 book value
- **2026-03** — [[ranger-finance-liquidation-2026]] Passed: Liquidation executed with 97% support, returning ~5M USDC to holders at $0.78 book value
## Significance for KB ## 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. 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.