MetaDAO community votes to approve the "Liquidate Ranger Finance" proposal

Foresight News reports that the MetaDAO community has approved the "Liquidate Ranger Finance" proposal. The proposal includes removing all RNGR/USDC liquidity from the Futarchy AMM; transferring all USDC reserves to the MetaDAO team, and distributing them proportionally to all unlocked token holders based on snapshot data; returning all intellectual property rights belonging to Futarchy governance SPC to Glint House PTE. LTD.

Officially, 5,047,250 USDC have been removed from the treasury and liquidity pools and will be distributed to RNGR holders. Wallet snapshot will be taken at 8:00 AM Beijing time on March 13.