diff --git a/decisions/internet-finance/ranger-finance-liquidation-2026.md b/decisions/internet-finance/ranger-finance-liquidation-2026.md
new file mode 100644
index 000000000..3780cb4d2
--- /dev/null
+++ b/decisions/internet-finance/ranger-finance-liquidation-2026.md
@@ -0,0 +1,18 @@
+# Ranger Finance Liquidation (March 2026)
+
+## Overview
+MetaDAO governance voted to wind down Ranger Finance, pull liquidity, and return approximately 5M USDC to unlocked RNGR holders at roughly $0.78 book value. IP was returned to the founding team.
+
+## Voting Results
+- **Support:** 97%
+- **Trading Volume:** $581K in conditional markets
+- **Outcome:** Passed and executed
+
+## Significance
+This is the second futarchy-governed liquidation after mtnCapital (September 2025), providing strong empirical evidence that the "unruggable ICO" mechanism functions as designed. Investors successfully used conditional markets to force a full treasury return when the team was not delivering on promises.
+
+## Mechanism
+The liquidation was executed through MetaDAO's futarchy governance, where conditional token markets allowed investors to express "this project should return capital" and the market consensus triggered automatic execution.
+
+## Analysis
+Rio's assessment: "This is what makes ownership coins different from every other token launch mechanism. The enforcement isn't social pressure or legal threats, it's a conditional market where anyone can express 'this project should return capital' and if enough informed money agrees, it happens automatically."
\ No newline at end of file
diff --git a/inbox/queue/2026-03-23-telegram-m3taversal-futairdbot-whats-the-latest-metadao-decision-mark.md b/inbox/queue/2026-03-23-telegram-m3taversal-futairdbot-whats-the-latest-metadao-decision-mark.md
index 04ceb8188..d31dae592 100644
--- a/inbox/queue/2026-03-23-telegram-m3taversal-futairdbot-whats-the-latest-metadao-decision-mark.md
+++ b/inbox/queue/2026-03-23-telegram-m3taversal-futairdbot-whats-the-latest-metadao-decision-mark.md
@@ -7,7 +7,7 @@ url: ""
 date: 2026-03-23
 domain: internet-finance
 format: conversation
-status: null-result
+status: processed
 priority: high
 intake_tier: directed
 rationale: "whats the latest metaDAO decision market / governance proposal? can you send me full text and give me your analysis?"
@@ -17,6 +17,10 @@ processed_by: rio
 processed_date: 2026-03-25
 extraction_model: "anthropic/claude-sonnet-4.5"
 extraction_notes: "LLM returned 0 claims, 0 rejected by validator"
+processed_by: rio
+processed_date: 2026-03-25
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "LLM returned 0 claims, 0 rejected by validator"
 ---
 
 ## Conversation
@@ -50,3 +54,13 @@ RESEARCH: metaDAO latest governance proposal 2025
 - Ranger Finance liquidation returned approximately 5M USDC to unlocked RNGR holders
 - Ranger Finance liquidation executed at roughly $0.78 book value per token
 - Ranger Finance IP was returned to the founding team as part of liquidation
+
+
+## Key Facts
+- MetaDAO has a live proposal as of March 23, 2026 sitting at 84% likelihood to pass with $408K traded
+- The live MetaDAO proposal may be related to migrating to a new onchain DAO program and updating legal documents
+- Ranger Finance liquidation passed with 97% support and $581K in trading volume
+- Ranger Finance liquidation returned approximately 5M USDC to unlocked RNGR holders
+- Ranger Finance liquidation executed at roughly $0.78 book value per token
+- Ranger Finance IP was returned to the founding team as part of liquidation
+- mtnCapital liquidation occurred in September 2025 as the first futarchy-governed liquidation