> For the complete documentation index, see [llms.txt](https://adrena.gitbook.io/adrena/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://adrena.gitbook.io/adrena/tokenomics/adx/forms-of-adx.md).
# Forms of ADX
### Forms of $ADX
**$ADX exists in 4 forms: Liquid, Staked, Locked Stake, and Vesting**
* **Liquid $ADX** exists in user wallets, is freely tradable, but does not vote, get USDC revenue, or get ADX rewards
* **Staked $ADX** votes, gets USDC revenue, and is able to be unstaked at any time.
* **Duration Lock $ADX** votes, gets USDC revenue, and gets $ADX token rewards -- including multipliers the longer you lock your staked $ADX. **You have the ability to "early exit" any locked $ADX, but you will take a 5-40% reduction to your collateral based on time left on the duration lock period.**
* **Vesting $ADX** is reserved for team and investors. Vesting ADX unlocks linearly over 2 years after TGE (except for the first 3 months, where there is 0 vesting). Vesting ADX votes but doesn't get USDC revenue or ADX rewards
| | | | |
|---|
| Liquid $ADX | Staked $ADX | Duration Lock $ADX | Vesting $ADX |
| USDC rev share | ❌ No | ✅ Yes | ✅ Yes | ❌ No |
| Governance votes | ❌ No | ✅ Yes | ✅ Yes | ✅ Yes |
| ADX emissions | ❌ No | ❌ No | ✅ Yes | ❌ No |
| Multipliers | ❌ No | ❌ No | ✅ Yes | ❌ No |
#### Economic benefit