Explore the tokenomics of Nillion(NIL) and review the project details below.
What is the allocation for Nillion(NIL)?
The total supply of $NIL will be 1,000,000,000 at genesis, with an initial circulating supply of 19.52%. $NIL will be allocated across the following categories:
Ecosystem and R&D (29%): Used to support ecosystem growth and other strategic initiatives in the Nillion ecosystem, including developer and builder grants, validator incentives, and network expansion efforts to drive real user adoption.
Community (20%): Allocated to the community and users through incentive programs, grants and other initiatives. This includes airdrop allocations to reward active participants in the Nillion ecosystem and Community Round participants.
Protocol Development (10%): Reserved for ongoing research, protocol development, and funding operations to ensure the network’s long term growth and sustainability.
Early Backers (21%): Allocated to token buyers in the Pre-Seed, Seed and 2024 fundraising rounds.
Core Contributors (20%): Allocated to early team members and advisors, including Nillion Labs contributors, for their roles in contributing to the development of the network.
What is the supply schedule for Nillion(NIL)?
At launch, $NIL will be unlocked and distributed to the community through airdrop and community round participants.