Range Protocol will be an infrastructure for Active Liquidity Managers (ALMs) to manage liquidity for passive LPs on top of active liquidity management DEXs like Uniswap v3. Liquidity Providers with different risk profiles can earn passive yield while Active Liquidity Managers can build strategy on top of DEXs like Uniswap v3.
Range Protocol doesn’t have an own token yet but has confirmed to launch an own token called RNG in the future. Early users who’ve provided liquidity may get an airdrop when they launch their token.
https://app.rangeprotocol.com/vault