# Manual Rebalancing of Deposits ## What if GLP's Composition Changes? As the market moves, the vaults’ exposure to these assets is hedged against GLP’s volatility as for the assumption that they both have the same composition. The amount allocated to each of the 3 vaults will be **MANUALLY REBALANCED** weekly by the GMD Protocol team to strictly follow market movements and ensure the hedge parameter of similar composition to GLP. ## Manual Rebalancing of Deposits: GMD Protocol **will always have deposited an amount from 5-15% of the Maximum total value for Delta-Neutral Vaults**. \=> For example, if Vault Maximum TVL is $1,000,000, GMD Protocol will have deposited into our own vaults from $50,000 - $150,000 worth of USDC, ETH, and BTC. \=> Thanks to these deposits, instead of having to rebalance customers' funds, GMD Protocol can freely balance the ratio of underlying assets by moving our own USDC, ETH, and BTC deposits around. \=> These deposits also assist as a further backup for the Protocol's GLP Reserve. In the extreme cases of a total bank run or The Reserve completely depleted, the deposits will be another buffer layer to help ensure 100% of customers' funds are returned. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://gmd-protocol.gitbook.io/gmd-protocol/gmd-delta-neutral-strategy/manual-rebalancing-of-deposits.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.