Gateway Load Balancing Protocol (GLBP) is a Cisco proprietary protocol that enhances redundancy by allowing multiple physical gateways to share traffic load and providing failover capabilities. Unlike HSRP and VRRP, GLBP can utilize up to four active virtual forwarders simultaneously, distributing outgoing packets based on predefined load-balancing algorithms like round-robin or weighted methods. GLBP also incorporates features such as priority settings for gateway roles, interface tracking to adjust forwarding capacity, and multi-layered authentication methods for increased security.