# Introduction

Gamma LP Vaults are non-custodial, automated rebalancing vaults on a variety of concentrated liquidity DEX's such as Uniswap V4, Uniswap V3, and Algebra Finance.

## Key Features

## Strategies

* Uniswap V4 vaults feature Multi-Position management in a variety of liquidity distributions
* Uniswap V3 and Algebra Finance vaults feature our dual position strategy vaults that involve a base and limit position

### Rebalancing Logic

* Rebalancing logic is conducted offchain, but executed onchain to allow for flexibility
* Rebalances do NOT involve market swaps for all strategies.  Only limit positions are placed to rebalance into desired quantities
* Rebalance triggers are determined via market price and asset ratios

### Strategy Management

* Strategies are live 24/7, and rebalances can happen in real time.  (i.e. rebalances don't occur at regular intervals.  They occur once triggered at specific prices or asset allocations)
* All strategies have depeg triggers if they have an established trading price elsewhere on a centralized exchange, another DEX, or an onchain exchange rate
* Private vaults are available for clients who do not wish for their vaults to be public facing