> For the complete documentation index, see [llms.txt](https://gmd-protocol.gitbook.io/gmd-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gmd-protocol.gitbook.io/gmd-protocol/gmd-delta-neutral-strategy/protocols-glp-reserve-the-reserve.md).
# Protocol's GLP Reserve (The Reserve)
Instead of trying to completely eliminate the market volatility of Risk 2 and 3 mentioned in [Market Volatility Risks](/gmd-protocol/gmd-delta-neutral-strategy/market-volatility-risks.md), which is almost impossible, we simply decided to raise funds and create a reserve to absorb said risks.
**=>** We call it the **Protocol's GLP Reserve (The Reserve),** and it will come with the following functions and benefits:
### Functions:
* **The Reserve will absorb the risk of Delta-Neutral Vaults underperforming due to impermanent loss by making up for the difference between the value of the Delta-Neutral Vaults' underlying GLP and users' staked assets.**
* The Reserve will always consist of an amount of GLP worth **5-15%** of the total TVL of the three Delta-Neutral Vaults (If Vaults TVL is $2,000,000; there will be $200,000 worth of GLP in The Reserve).
### Benefits:
* Funds for The Reserve will be provided 100% by GMD Treasury.
* The Reserve will also gain the $GLP's profits from traders' losses. In the long run, traders are statistically destined to collectively lose.
* Based on the historical data of GLP's performance compared to Single-Assets, The Reserve is significantly more likely to financially benefit from the volatility.
**=>** Simply put, The Reserve is designed to take on more risks toward the protocol while obtaining more benefits and rewards for our users.