diff --git a/entities/internet-finance/ranger-finance.md b/entities/internet-finance/ranger-finance.md index 247b259e..9f154d2d 100644 --- a/entities/internet-finance/ranger-finance.md +++ b/entities/internet-finance/ranger-finance.md @@ -49,6 +49,7 @@ Perps aggregator and DEX aggregation platform on Solana/Hyperliquid. Three produ - **2026-03-13** — [[ranger-finance-liquidation]] Passed: Liquidated via futarchy governance, returning $5.047M USDC 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: Liquidation executed with 97% support, returning ~5M USDC to holders at $0.78 book value +- **2026-03-13** — [[ranger-finance-liquidation-march-2026]] Passed: Futarchy governance voted to liquidate following material misrepresentation; $5.047M USDC returned to token holders ## 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.