Rari Governance

Rari Governance (RGT) is an effectively defunct cryptocurrency project that has collapsed due to catastrophic security failures, governance dissolution, and regulatory enforcement. Following a massive $80 million exploit of its Fuse pools in April 2022, the protocol ceased active development, and the Tribe DAO (which had acquired Rari) voted to dissolve and wind down operations. The project's GitHub shows no activity since mid-2022, and its founders settled charges with the U.S. SEC in September 2024 for misleading investors and operating as unregistered brokers. The token currently lacks any utility, governance rights, or community support, functioning solely as a 'zombie' asset with negligible trading volume. With a score near zero across almost all metrics, the project represents a failed venture with no roadmap for recovery.