A new proposal called RNGR-001 has sparked a debate about future governance models for cryptocurrencies, including political and ownership tokens. After the token $RNGR was issued, its trading price fell 18.75% below the ICO price. Holders proposed to withdraw $2 million from Ranger's treasury for a buyback to "boost market sentiment." Critics called this short-sighted "liquidity withdrawal," while the founders chose to abstain, leaving the decision to the future political market. Although Solana DeFi applications like Flash Trade are adopting such models, this incident still highlights governance challenges.

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