# GMS Vaults

### **What is GMS Vaults?** <a href="#what-is-gmd-protocol" id="what-is-gmd-protocol"></a>

**GMS Vaults** is a yield optimizing and aggregating platform built on top of existing applications and GMS’s reserve token on Base. GMS employs delta-neutral or pseudo-delta-neutral strategies to aggregate yields from an index pool or an LP to its constituent individual assets, eliminating their risks of impermanent loss or exposure to unwanted assets.

### GMS Vaults Main Products: <a href="#gmd-protocols-main-products" id="gmd-protocols-main-products"></a>

* GMS’s first products are single-stake BTC, ETH, USDC vaults built on top of BMX and BLT.
* GMS’s reserve will earn yield from underlying backing $BLT and all revenue from single-stake vaults.
* In the future, besides yield-earning vaults, GMS also aims to leverage derivative platforms through smart vaults (long, short, news trading, social, etc..) and arbitrage pegged assets.
