> For the complete documentation index, see [llms.txt](https://doortoken.gitbook.io/nil-help/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doortoken.gitbook.io/nil-help/update-on-nil.md). # Update on NIL NIL Coin currently has limited liquidity. Although the project continues. to operate and has clear utility leveraging blockchain to reward athletes for their Name, Image & Likeness, the reality is that the liquidity and stability of a token is purely based on how many people sell vs how many people buy. Over the past year, with the entire crypto market being liquidated and sold, NIL coin was not immune to the sell-off. Holders of NIL continued to sell until the liquidity pool was emptied. We attempted to control the sell-off by implementing a lock and slow distribution of tokens over time, but despite these measures, every time tokens were unlocked they were sold, which eventually drains liquidity. As the market matures, regulations are put into place and confidence is restored in the crypto market - we expect that tokens like NIL will be able to have stability and more structure in the future. Until then, we will continue to work on the project, improve its utility and look forward to the future of blockchain. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://doortoken.gitbook.io/nil-help/update-on-nil.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.