Official Description
Qilin is a male divine unicorn which can breed with all your female unicorns, with same conditions that are required during a covering of 2 unicorns of the same breed. 

If the foal is a unicorn, it will be born with Qilin bonus that earns you 15 points in all skills.

For each completed covering, Qilin earns skills points that you can apply as you wish.

Furthermore, on the 1st of every month, Qilin gives you a Fertility Wand provided you logged in the day before.

This horse cannot be sold.

Qilin can be bred seemingly infinite times; he is not limited to one covering like other divines. He has 180 Genetic Potential.

In Chinese mythology, the qilin is a chimerical creature said to be a good omen. It's said to appear with the imminent arrival or passing of a sage. The word Qilin is often translated to "unicorn". The Chinese qilin is usually depicted with two horns.