# The Benefits

<details>

<summary>Easy to use</summary>

Alpha Vaults is the easiest way to provide liquidity.&#x20;

LPs don’t have to chose a range or manage their position — they can just leave their deposit in the vault and withdraw at any time.

</details>

<details>

<summary>Unlimited Choice</summary>

If a Liquidity Provider cannot find a vault, they can [create](https://alpha.charm.fi/create) it themselves with 1-click.

</details>

<details>

<summary>High Performance</summary>

In addition to collecting fees, all vaults have a [mechanism](https://learn.charm.fi/charm/products-overview/alpha-vaults/whitepaper#overview-of-passive-rebalancing) to reduce Capital Loss. This is the main reason for their consistent [outperformance](https://docs.google.com/spreadsheets/d/1xDOWx2MGX6M3BlEIclFd-MpY6EgVkxyTPpK_2X0tao0/edit#gid=212561072).

</details>

<details>

<summary>Cheap</summary>

Protocol [fees](https://learn.charm.fi/charm/provide-liquidity/fees) are up to 98% lower than other liquidity managers, and deposit/withdraws fees are cheaper than Uniswap V3.

</details>

<details>

<summary>Complete transparency</summary>

Alpha Vault's performance charts, infrastructure, strategy, and fees, is 100% on-chain, and its code is [open-source](https://github.com/charmfinance/alpha-vaults-v2-contracts).&#x20;

This means anyone can verify how their deposits are being managed, and decide for themselves whether Alpha Vaults is the best option.

</details>

<details>

<summary>Safety</summary>

There were no security incidences since Alpha Vaults [first launched ](https://twitter.com/CharmFinance/status/1390671266160549888)on 7th May 2021. It also received 4 [audits](https://learn.charm.fi/charm/appendix/audit-reports), and has an ongoing Immunefi [bounty](https://immunefi.com/bounty/charm/).

</details>

<details>

<summary>Diversify Portfolios</summary>

By depositing into an Alpha Vault, depositors will access a new asset class (ie LP Shares) whose source of returns (ie trading fees) are uncorrelated with the market, because trading fees are generated when prices go up or down.&#x20;

LP Shares are therefore an excellent way to diversify portfolios.

</details>

<details>

<summary>Benchmark performance</summary>

Alpha Vaults offers an [unlimited](#unlimited-choice) number of vaults for any Uniswap V3 pool. &#x20;

The vaults can therefore be used to benchmark any actively managed LP Strategy, similar to how index investments (eg the S\&P500) are used to benchmark actively managed funds.

</details>