Auto: 5 files | 5 files changed, 90 insertions(+), 11 deletions(-)

entities/internet-finance/futardio.md

@@ -14,8 +14,10 @@ parent: "[[metadao]]"
 category: "Futarchy-governed token launchpad (Solana)"
 stage: growth
 key_metrics:
-  total_launches: "5,400+ (self-reported, unverified)"
-  notable_launches: ["Umbra", "Solomon", "Rock Game", "Turtle Cove", "VervePay", "Open Music", "SeekerVault", "SuperClaw", "LaunchPet", "Seyf", "Areal", "Etnlio"]
+  total_launches: "45 (verified from platform data)"
+  total_commits: "$17.8M"
+  total_funders: "1,010"
+  notable_launches: ["Umbra", "Solomon", "Superclaw ($6M committed)", "Rock Game", "Turtle Cove", "VervePay", "Open Music", "SeekerVault", "SuperClaw", "LaunchPet", "Seyf", "Areal", "Etnlio"]
   mechanism: "Unruggable ICO — futarchy-governed launches with treasury return guarantees"
 competitors: ["pump.fun (memecoins)", "Doppler (liquidity bootstrapping)"]
 built_on: ["Solana", "MetaDAO Autocrat"]
@@ -28,7 +30,7 @@ tags: ["launchpad", "ownership-coins", "futarchy", "unruggable-ico", "permission
 MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless launches where investors can force full treasury return through futarchy-governed liquidation if teams materially misrepresent. Replaced the original uncapped pro-rata mechanism that caused massive overbidding (Umbra: $155M committed for $3M raise = 50x; Solomon: $103M committed for $8M = 13x).
 
 ## Current State
-- **Launches**: 5,400+ total (self-reported; many are test/spam launches — quality projects are a subset)
+- **Launches**: 45 total (verified from platform data, March 2026). Many projects show "REFUNDING" status (failed to meet raise targets). Total commits: $17.8M across 1,010 funders.
 - **Mechanism**: Unruggable ICO. Projects raise capital, treasury is held onchain, futarchy proposals govern project direction. If community votes for liquidation, treasury returns to token holders.
 - **Quality signal**: The platform is permissionless — anyone can launch. Brand separation between Futardio platform and individual project quality is an active design challenge.
 - **Key test case**: Ranger Finance liquidation proposal (March 2026) — first major futarchy-governed enforcement action. Liquidation IS the enforcement mechanism — system working as designed.

entities/internet-finance/metadao.md

@@ -14,8 +14,16 @@ founders: ["[[proph3t]]"]
 category: "Futarchy governance protocol + ownership coin launchpad (Solana)"
 stage: growth
 key_metrics:
-  ecosystem_launches: "12+ (via Futardio)"
+  meta_price: "~$3.78 (March 2026)"
+  market_cap: "~$85.7M"
+  ecosystem_market_cap: "$219M total ($69M non-META)"
+  total_revenue: "$3.1M+ (Q4 2025: $2.51M — 54% Futarchy AMM, 46% Meteora LP)"
+  total_equity: "$16.5M (up from $4M in Q3 2025)"
+  runway: "15+ quarters at ~$783K/quarter burn"
+  icos_facilitated: "8 on MetaDAO proper (through Dec 2025), raising $25.6M total"
+  ecosystem_launches: "45 (via Futardio)"
   futarchic_amm_lp_share: "~20% of each project's token supply"
+  proposal_volume: "$3.6M Q4 2025 (up from $205K in Q3)"
 competitors: ["[[snapshot]]", "[[tally]]"]
 built_on: ["Solana"]
 tags: ["futarchy", "decision-markets", "ownership-coins", "governance", "launchpad"]
@@ -30,8 +38,9 @@ The futarchy governance protocol on Solana. Implements decision markets through
 - **Autocrat**: Conditional token markets for governance decisions. Proposals create pass/fail universes; TWAP settlement over 3 days.
 - **Futardio**: Unruggable ICO launch platform. Projects raise capital through the MetaDAO ecosystem with futarchy-governed accountability. Replaced the original uncapped pro-rata mechanism that caused massive overbidding (Umbra: $155M committed for $3M raise = 50x oversubscription; Solomon: $103M committed for $8M = 13x).
 - **Futarchic AMM**: Custom-built AMM for decision market trading. No fees for external LPs — all fees go to the protocol. ~20% of each project's token supply is in the Futarchic AMM LP. LP cannot be withdrawn during active markets.
-- **Ecosystem**: 12+ projects launched (Solomon, MycoRealms, Ranger, Dean's List, Umbra, and Futardio-era launches)
-- **Treasury**: Active management via subcommittee proposals (see Solomon DP-00001)
+- **Financial**: $85.7M market cap, $219M ecosystem market cap ($69M non-META). Total revenue $3.1M+ (Q4 2025 alone: $2.51M). Total equity $16.5M, 15+ quarters runway.
+- **Ecosystem**: 8 curated ICOs raising $25.6M total (through Dec 2025) + 45 permissionless Futardio launches
+- **Treasury**: Active management via subcommittee proposals (see Solomon DP-00001). Omnibus proposal migrated ~90% of META liquidity into Futarchy AMM and burned ~60K META.
 - **Known limitation**: Limited trading volume in uncontested decisions — when community consensus is obvious, conditional markets add little information
 
 ## Timeline

entities/internet-finance/omnipair.md

@@ -3,7 +3,7 @@ type: entity
 entity_type: company
 name: "OmniPair"
 domain: internet-finance
-handles: ["@omnaborsa"]
+handles: ["@omnipair"]
 website: https://omnipair.com
 status: active
 tracked_by: rio
@@ -14,7 +14,9 @@ founders: ["[[rakka]]"]
 category: "Combined AMM + lending protocol (Solana)"
 stage: seed
 market_cap: "$2-3M (as of ~2026-02-25)"
-funding: "Self-funded / community"
+ico_raise: "$1.1M (July 2025 via MetaDAO)"
+token_performance: "OMFG up ~480% since ICO"
+funding: "ICO via MetaDAO"
 key_metrics:
   tvl: "$250-300K (~3 weeks post-launch)"
   volume_tvl_ratio: "~0.8x monthly, trending toward 1x"

entities/internet-finance/ranger-finance.md

@@ -0,0 +1,64 @@
+---
+type: entity
+entity_type: company
+name: "Ranger Finance"
+domain: internet-finance
+handles: ["@ranger_finance"]
+status: liquidating
+tracked_by: rio
+created: 2026-03-11
+last_updated: 2026-03-11
+founded: 2026-01-06
+category: "Perps aggregator / DEX aggregation (Solana/Hyperliquid)"
+stage: declining
+key_metrics:
+  raise: "$6M+ (39% of RNGR supply at ~$15M FDV)"
+  projected_volume: "$5B (actual: ~$2B — 60% below)"
+  projected_revenue: "$2M (actual: ~$500K — 75% below)"
+  liquidation_value: "$0.75-$0.82 per token (estimated)"
+competitors: ["Jupiter", "Drift"]
+built_on: ["Solana", "Hyperliquid"]
+tags: ["perps", "aggregation", "metadao-ecosystem", "liquidation", "futarchy-enforcement"]
+---
+
+# Ranger Finance
+
+## Overview
+Perps aggregator and DEX aggregation platform on Solana/Hyperliquid. Three products: perps aggregation (Jupiter, Drift), spot meta-aggregation (Jupiter, DFlow), and Ranger Earn (vault-based yield strategies). Launched via MetaDAO ICO in January 2026. Now undergoing futarchy-governed liquidation — the first major test of the unruggable ICO enforcement mechanism.
+
+## Current State
+- **Liquidation**: MetaDAO community passed liquidation proposal (early March 2026). Snapshot scheduled March 12, 2026.
+- **Reasons for liquidation**:
+  - Material misrepresentations before fundraise: projected $5B volume and $2M revenue; actual was ~$2B volume (60% below) and ~$500K revenue (75% below)
+  - Activity dropped 90%+ post-ICO
+  - Most "users" were reportedly token farmers, not legitimate platform participants
+- **Liquidation terms**: Pull all RNGR and USDC from the Futarchy AMM, return treasury funds to tokenholders (excluding unvested/protocol-owned), estimated $0.75-$0.82 per token. IP and infrastructure return to Glint House PTE LTD.
+- **Post-liquidation pivot**: Shifted to focus exclusively on vaults product, suspending perp aggregation and spot trading. Running "Build-A-Bear Hackathon" with up to $1M in vault TVL seed funding. All-time $1.13M+ paid to Ranger Earn depositors.
+
+## Timeline
+- **2026-01-06** — ICO on MetaDAO. Raised $6M+, selling 39% of RNGR at ~$15M FDV. Full liquidity at TGE (no vesting). Team allocation performance-based (milestones at 2x/4x/8x/16x/32x).
+- **2026-02** — Volume and revenue significantly below projections. Activity drop-off.
+- **2026-03** — Liquidation proposal passed via futarchy. Snapshot scheduled March 12.
+- **2026-03-06** — Pivot to vaults-only, suspend perp/spot aggregation.
+
+## 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.
+
+Key questions this case answers:
+1. Does futarchy enforcement actually work? (Yes — liquidation proposal passed)
+2. Do investors get meaningful recovery? ($0.75-$0.82 per token = 75-82% recovery)
+3. Does the threat of liquidation create accountability? (Evidence: team pivoted to vaults before liquidation completed)
+
+## Relationship to KB
+- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — Ranger IS the evidence for this claim
+- [[futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility]] — Ranger demonstrates the brand separation challenge
+- [[ownership coins primary value proposition is investor protection not governance quality because anti-rug enforcement through market-governed liquidation creates credible exit guarantees that no amount of decision optimization can match]] — Ranger tests investor protection in practice
+
+---
+
+Relevant Entities:
+- [[metadao]] — parent platform
+- [[futardio]] — launch mechanism
+
+Topics:
+- [[internet finance and decision markets]]

entities/internet-finance/solomon.md

@@ -3,7 +3,7 @@ type: entity
 entity_type: company
 name: "Solomon"
 domain: internet-finance
-handles: ["@oxranga"]
+handles: ["@solomon_labs"]
 status: active
 tracked_by: rio
 created: 2026-03-11
@@ -26,8 +26,10 @@ tags: ["ownership-coins", "futarchy", "treasury-management", "metadao-ecosystem"
 One of the first successful Futardio launches. Raised $8M through the pro-rata mechanism ($103M committed = 13x oversubscription). Notable for implementing structured treasury management through futarchy — the treasury subcommittee proposal (DP-00001) established operational governance scaffolding on top of futarchy's market-based decision mechanism.
 
 ## Current State
-- **Governance**: Active futarchy governance through MetaDAO Autocrat. Treasury subcommittee proposal (DP-00001) created operational structure for treasury management.
-- **Treasury**: Actively managed through buybacks and strategic allocations
+- **Product**: USDv — yield-bearing stablecoin. YaaS (Yield-as-a-Service) streams yield to approved USDv holders, LP positions, and treasury balances without wrappers or vaults.
+- **Governance**: Active futarchy governance through MetaDAO Autocrat. Treasury subcommittee proposal (DP-00001) passed March 9, 2026 (cleared 1.5% TWAP threshold by +2.22%). Moves up to $150K USDC into segregated legal budget, nominates 4 subcommittee designates.
+- **Treasury**: Actively managed through buybacks and strategic allocations. DP-00001 is step 1 of 3: (1) legal/pre-formation, (2) SOLO buyback framework, (3) treasury account activation.
+- **YaaS status**: Closed beta — LP volume crossed $1M, OroGold GOLD/USDv pool delivering 59.6% APY. First deployment drove +22.05% LP APY with 3.5x pool growth.
 - **Significance**: Test case for whether futarchy-governed organizations converge on traditional corporate governance scaffolding for operations
 
 ## Timeline