From 3f0d6923f85ce4bd32a80ea538e91b68e951e685 Mon Sep 17 00:00:00 2001 From: Teleo Agents Date: Wed, 15 Apr 2026 18:18:48 +0000 Subject: [PATCH] rio: extract claims from 2026-03-30-telegram-m3taversal-futairdbot-what-happened-to-rngr - Source: inbox/queue/2026-03-30-telegram-m3taversal-futairdbot-what-happened-to-rngr.md - Domain: internet-finance - Claims: 0, Entities: 1 - Enrichments: 3 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Rio --- entities/internet-finance/ranger-rngr.md | 21 +++++++++++++++++++++ 1 file changed, 21 insertions(+) create mode 100644 entities/internet-finance/ranger-rngr.md diff --git a/entities/internet-finance/ranger-rngr.md b/entities/internet-finance/ranger-rngr.md new file mode 100644 index 000000000..39507cb71 --- /dev/null +++ b/entities/internet-finance/ranger-rngr.md @@ -0,0 +1,21 @@ +# Ranger (RNGR) + +**Type:** Protocol +**Domain:** internet-finance +**Status:** Liquidated (March 2026) + +## Overview + +Ranger was a protocol that raised $8M+ through a futarchy-governed ICO on MetaDAO in January 2026. It became the first project to be liquidated by its own tokenholders through futarchy governance after allegations of material misrepresentation. + +## Timeline + +- **November 2025** — ICO announcement +- **December 2025** — Co-founder presentation claiming $5B volume and $2M revenue for 2025 +- **January 2026** — Raised $8M+ via futarchy ICO on MetaDAO +- **Early March 2026** — Liquidation proposal brought by RNGR holders alleging material misrepresentations; on-chain analysis showed ~$2B volume and $500K revenue (both down 90%+ from claimed figures); activity flatlined after ICO announcement +- **March 12, 2026** — Liquidation snapshot; holders received ~5.04 USDC per RNGR from treasury + +## Significance + +Ranger's liquidation was the first real-world test of the "unruggable ICO" thesis, demonstrating that futarchy governance can enforce investor protection by unwinding projects and returning capital when teams materially misrepresent. The liquidation also overrode a prior 90-day cooldown on buyback/liquidation proposals, showing futarchy can override its own prior decisions when new evidence emerges. \ No newline at end of file