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Range Protocol (RNG)

Published: Oct 20, 2023

Range Protocol will be the infrastructure for ALMs to manage liquidity for passive LPs on top of active liquidity management DEXs like Uniswap v3.

Seed Round: $3.75M

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Overview

Project industry	Blockchain Infrastructure
Product type	Protocol
Founded	Canada
Whitepaper	Open

What is Range Protocol

Range Protocol is building the infrastructure for on chain asset management through non custodial vaults where sophisticated vault managers can run their automated strategies with transparent on chain execution. We envision a future where blockchain-based assets are professionally managed on a scale comparable to traditional financial platforms.

We are building the infrastructure for vault managers to run a diverse set of strategies across themes like -

Spot / AMMAutomated Liquidity Management Vaults on top of concentrated liquidity AMMs like Uniswap, Pancakeswap, Quickswap etc.
Liquid StakingAutomated Vaults to optimize the yields across Liquid Staking ETH derivatives like stETH (Lido Staked ETH), fxsETH (Frax Ether) etc
NFT-FinanceAutomated Vaults for optimizing yield on top of NFT lending markets like Blur Lending, BendDAO, Paraspace etc
DerivativesAutomated Vaults for optimizing yield on top of decentralized derivative platforms like GMX (Perpetuals), QuickPerps (Perpetual), Lyra (Options), Opyn (Options) etc.

Details

Raised: 3,750,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Canada
Registration year: 2023

Token info

Ticker: RNG
Type: Utility-token
Token standard: ERC-20
Token distribution:
77,5% - Community
10% - Team
2,5% - Marketing, Advisors and Strategic Partners
7,5% - Private Sale
2,5% - Seed Round