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entity-batch: update 2 entities

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- Applied 2 entity operations from queue
- Files: entities/internet-finance/metadao.md, entities/internet-finance/ranger-finance.md

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entities/internet-finance/metadao.md
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@ -145,6 +145,7 @@ The futarchy governance protocol on Solana. Implements decision markets through
- **2026-03-21** — [[metadao-meta036-hanson-futarchy-research]] Active: $80,007 proposal for GMU academic futarchy research led by Robin Hanson, 50% market likelihood, ~$42K volume - **2026-03-21** — [[metadao-meta036-hanson-futarchy-research]] Active: $80,007 proposal for GMU academic futarchy research led by Robin Hanson, 50% market likelihood, ~$42K volume
- **2026-03-21** — [[metadao-meta036-hanson-futarchy-research]] Active: $80,007 proposal for GMU academic futarchy research, 50% market likelihood - **2026-03-21** — [[metadao-meta036-hanson-futarchy-research]] Active: $80,007 proposal for GMU academic futarchy research, 50% market likelihood
- **2026-03-23** — [[metadao-ranger-finance-liquidation]] Passed with 97% support: Liquidated Ranger Finance, returned ~5M USDC to holders at $0.78 book value - **2026-03-23** — [[metadao-ranger-finance-liquidation]] Passed with 97% support: Liquidated Ranger Finance, returned ~5M USDC to holders at $0.78 book value
- **2026-03-23** — [[metadao-migration-proposal-march-2026]] Active: Migration proposal at 84% likelihood, $408K traded
## Key Decisions ## Key Decisions
| Date | Proposal | Proposer | Category | Outcome | | Date | Proposal | Proposer | Category | Outcome |
|------|----------|----------|----------|---------| |------|----------|----------|----------|---------|

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entities/internet-finance/ranger-finance.md
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@ -53,6 +53,7 @@ Perps aggregator and DEX aggregation platform on Solana/Hyperliquid. Three produ
- **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** — 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: 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
## 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.