Ranger's full-stack trading terminal Solana's ICO launched today, aiming to raise at least $6 million by selling 39% of RNGR tokens. The treasury managed by token holders will be used for operations, and the team's fund unlocks are linked to price performance milestones. The sale conducted on the MetaDAO platform (including pre-ICO investors) addresses oversubscription by ensuring allocation to guarantee point holders. MetaDAO's recent revenue has declined, but it is expected to rebound with this issuance and the approval of the proposal to migrate META liquidity to its Futarchy AMM, plus catalysts such as future permissionless issuance and the Colosseum STAMP project.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ranger's full-stack trading terminal Solana's ICO launched today, aiming to raise at least $6 million by selling 39% of RNGR tokens. The treasury managed by token holders will be used for operations, and the team's fund unlocks are linked to price performance milestones. The sale conducted on the MetaDAO platform (including pre-ICO investors) addresses oversubscription by ensuring allocation to guarantee point holders. MetaDAO's recent revenue has declined, but it is expected to rebound with this issuance and the approval of the proposal to migrate META liquidity to its Futarchy AMM, plus catalysts such as future permissionless issuance and the Colosseum STAMP project.