> For the complete documentation index, see [llms.txt](https://ghast-protocol.gitbook.io/ghast-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ghast-protocol.gitbook.io/ghast-protocol/protocol-overview/introducing-ghast-protocol.md).

# Introducing Ghast Protocol

## <mark style="color:orange;">What is Ghast Protocol?</mark>

Ghast Protocol is an **enhanced yield-and-lending** protocol built on top of GMX's $GLP, GMD Protocol, and other existing large-cap applications within the Arbitrum ecosystem. By employing an enhanced version of GMD Protocol's Pseudo-Delta-Neutral strategy, we are a liquidation-free money-market strategies for yield-bearing tokens, allowing DeFi investors to access institution-grade yield optimization and unlock utmost capital efficiency.&#x20;

<figure><img src="/files/2ZHyLQdkBS2QzKBc7RgV" alt=""><figcaption></figcaption></figure>

## <mark style="color:orange;">Core Products of Ghast Protocol:</mark>

* Liquidation-Free Money Market that allows borrowing/lending gmdTOKENS to enable Leveraged Looping
* Safety Deposit to insure investors' lending liquidity positions
* $GHA and $esGHA Staking to earn [#realyield](/ghast-protocol/features/stake-usdgha-for-realyield.md) revenue