Projects who want access to funds without selling their native tokens.
Treasuries who want to borrow stablecoins against a project token without the immediate regulatory implications of conducting a sale.
Investors interested in exposure to customizable and flexible risk profiles.
Borrow funds without the risk of liquidation through a project’s native token.
Pay a yield to investors with limited upside and downside exposure to a project’s token.
Enable flexible and customizable risk exposure strategies.
AAVE needs to diversify its treasury because its holdings are denominated in its native token. It creates a range token to raise $10M today without immediate sell pressure of $AAVE.
A DAO offers a loan to development teams building token projects on their protocol by purchasing range tokens from the teams.