> For the complete documentation index, see [llms.txt](https://docs.nile.build/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nile.build/introduction-to-nile/ve-3-3-fundamentals/venile-venft.md).

# veNILE (veNFT)

<figure><img src="/files/MmhnHNvs8e7ssFTXnRiy" alt=""><figcaption><p>veNILE</p></figcaption></figure>

veNFTs are specialized ERC-721 tokens that implement the vested-vote escrow (ve) model, representing a user's underlying position.

veNFTs have a multitude of benefits in the NILE ecosystem, such as:

* Vote on gauge emissions
* Vote on pools to earn Vote Bribes, and Swap Fees
* Transfer/Merge NFT positions
* Dilution Protection Rebases


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