> For the complete documentation index, see [llms.txt](https://docs.thenile.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.thenile.exchange/nile-tokenomics/xnile-deprecated.md).

# xNILE (Deprecated)

<figure><img src="/files/7JBzshVL3cK5rgKLD59m" alt=""><figcaption><p>The xNILE token</p></figcaption></figure>

**What is x**NIL&#x45;**?**\
xNILE is a new solution developed by the NILE team to address the sustainability challenge associated with the natural fluctuations in flywheel operations. It serves as a non-transferable representation of 1 unit of NILE, securely stored within the xNILE token smart contract. xNILE provides users with several conversion options to both NILE and veNILE, each with unique penalties and vesting periods.

{% hint style="info" %}
xNILE is not a replacement for NILE. Users still earn NILE emissions, rebases, and other sources.
{% endhint %}


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