> For the complete documentation index, see [llms.txt](https://betoken.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://betoken.gitbook.io/docs/deposit-withdraw/what-is-betoken-share-token.md).

# What is Betoken Share token (BTKS)?

When you connect your capital to Betoken, your deposit is converted in Betoken Share tokens (BTKS). It represents your ownership in the Betoken fund and is fully backed by a collateral in the smart contract. Each of them acts like a tokenized portfolio, containing the underlying tokens that Betoken managers buy and sell.