Ranger Finance, a Solana-based project, will be liquidated following a governance vote by its token holders. Approximately $5.04 million USDC will be withdrawn from the treasury and liquidity pools to be returned to RNGR token holders. The proposal cited significant misrepresentation by the team prior to fundraising. The project, which launched its token just two months ago, utilized the MetaDAO futarchy governance model.
Ranger Finance to Liquidate, Return $5.04M USDC to Token Holders
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