Range Protocol is an upcoming infrastructure designed specifically for Active Liquidity Managers (ALMs) who wish to effectively manage liquidity for passive Liquidity Providers (LPs) using active liquidity management decentralized exchanges (DEXs) such as Uniswap v3. By utilizing Range Protocol, Liquidity Providers with varying risk preferences can passively earn yield, while Active Liquidity Managers can develop strategies on top of DEXs like Uniswap v3.
Currently, Range Protocol does not possess its own native token. However, they have confirmed plans to introduce their own token called RNG in the future. Users who have participated in early liquidity provision may receive an airdrop of RNG tokens when the token is launched.
To get started with Range Protocol, follow these steps:
1. Visit the Range Protocol app page.
2. Connect your wallet on Ethereum, BSC, Polygon, or Arbitrum.
3. Select a vault of your choice and provide liquidity.
4. Consider providing liquidity on multiple vaults and across different chains for diversification.
It’s important to note that the information regarding the potential airdrop is speculative, and there is no guarantee that it will occur.
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