Announcement on NULS and NerveNetwork Merger and Discontinuation of NULS Network Maintenance

Dear NULS Community,

After extensive discussion and careful consideration by the NULS community council and core contributors, an important strategic decision has been made regarding the future development of the ecosystem.

To better consolidate resources, strengthen cross-chain infrastructure, and enhance long-term ecosystem sustainability, the NULS will be merged into NerveNetwork, and the NULS mainnet will cease operation and maintenance.

Network Merger Plan

As part of this upgrade and ecosystem consolidation:

• NULS and NerveNetwork will undergo a network merger.
• After the merger is completed, NerveNetwork will remain as the primary network, while the NULS mainnet will cease operation and maintenance on March 25, 2026, at 08:00 (UTC+8), corresponding to block height 20,500,000.

After this point:

• The NULS mainnet will stop producing blocks.
• Transactions will no longer be processed.
• Network services and maintenance will be discontinued.

Asset Migration Requirements

To ensure the safety of user assets, all users are required to transfer their assets from the NULS before block height 20,500,000.

Recommended Migration Method: swapbox.io

SwapBox offers a simple, efficient way to bridge assets from NULS to NerveNetwork and other supported chains.

Asset Snapshot and Redistribution

For user convenience and to ensure fair asset continuity:

• A snapshot will be taken at block height 20,500,000.
• Some unmigrated valuable assets (including only NULS (NAI), NVT, and NABOX) will be recorded at the time of the snapshot. These assets will be distributed to their corresponding addresses on the NerveNetwork after the snapshot.
• Assets other than NULS (NAI), NVT, and NABOX will NOT be included in the snapshot redistribution. Therefore, users must migrate these assets manually before the network shutdown. Failure to transfer these assets before the deadline will result in permanent loss of access.

Community Fund and Team Asset Burn

To maintain transparency and ensure the long-term integrity of the ecosystem:

• All remaining assets held by the NULS Foundation (community fund) and team-controlled addresses will be permanently burned.
• These assets will be transferred to a public black hole address, making them permanently inaccessible.
• The burn transaction and corresponding addresses will be publicly disclosed after the transfer.

Finally

NULS has always been an open-source, community-driven project. Although the current NULS mainnet will cease maintenance, the project remains open-source. In the future:

• Any developer or community member may restart the network.
• Or build new networks based on NULS technology, depending on future application needs.

We sincerely thank every contributor who has participated in building the NULS ecosystem over the years.

NULS Community & Contributors March 5, 2026