> For the complete documentation index, see [llms.txt](https://adamantium.gitbook.io/adamantium-1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://adamantium.gitbook.io/adamantium-1/how-it-works/usdadmx-token.md).

# $ADMx  Token

The **$ADMx** token, how it works and what does it mean? 

Starting from next week you will be able to redeem your **$ADM** for **$ADMx** on <https://adamantium.vip/dashboard/>&#x20;

**$ADMx** is a BNB chain token, it represent your share in **Adamantium Capital** future revenue.&#x20;

The supply of **$ADMx** is determined by the demand as when someone buys **$ADMx** from the "BANK" we will mint it and when someone redeem them we will burn it.&#x20;

**$ADMx** is an **ILLIQUID** token meaning that you will not be able to exchange it elsewhere than on **Adamantium Capital** website.&#x20;

**$ADMx** price is yet to be determined as it depends on many factors including the **$ADM** redemption rate. The price **$ADMx** is sold will always be higher than the price you can redeem it for. The **Investment/Dividend** system We use the **$BNB** collected with the Bank system to diversify into multiple ventures.&#x20;

We will mostly choose **investments** considered "**long term**" in **DeFi** but rather quick in traditional investment so expect a 6-12 month time for most before the protocol makes **profit**.&#x20;

We already have investments running from Adamantium's launch, we will however never turn our back on a good "quickflip" opportunity.&#x20;

**Snapshots** will be taken randomly as well as the distribution directly in wallet of the dividends every time according to your holdings in **$ADMx**.<br>