Binance, the world’s leading cryptocurrency exchange, has announced Nillion (NIL) as the 65th project on Binance Launchpool. Nillion is a computational network designed to address security challenges for high-value data.
Farm NIL Tokens on Binance Launchpool
Starting from March 21, 2025 00:00 (UTC), users can stake their BNB, FDUSD, and USDC in the Binance Launchpool to earn NIL tokens. The farming period lasts three days, ending on March 23, 2025 23:59 (UTC).
Reward Distribution
BNB Pool: 28,000,000 NIL in rewards (80% of total rewards)FDUSD Pool: 3,500,000 NIL in rewards (10% of total rewards)USDC Pool: 3,500,000 NIL in rewards (10% of total rewards)Dates (00:00:00 – 23:59:59 UTC Each Day)Total Daily Rewards (NIL)BNB Pool Daily RewardsFDUSD Pool Daily RewardsUSDC Pool Daily Rewards2025-03-21 – 2025-03-2311,666,666 NIL9,333,333 NIL1,166,666 NIL1,166,666 NIL
Listing and Trading Details
Binance will officially list NIL on its spot trading platform on March 24, 2025 13:00 (UTC) with the following five trading pairs:
NIL/USDTNIL/BNBNIL/USDCNIL/FDUSDNIL/TRY
Nillion will be designated with the Seed Tag for an early-stage token.
Nillion Tokenomics
Token Name: Nillion (NIL)Total Supply: 1,000,000,000 NIL Circulating Supply: 195,150,000 NIL (19.52% of total token supply)Smart Contract: TBA
What Problem is Nillion Solving?
Nillion is addressing critical challenges in data security and privacy by leveraging Privacy-Enhancing Technologies (PETs) and Multiparty Computation (MPC).
Key Solutions:
Secure storage without decryption: PETs allow users to securely store high-value data on Nillion nodes without exposing it.Computation on encrypted data: MPC enables direct computations on encrypted data, eliminating the need for traditional decryption methods.Decentralization with high-level security: Nillion ensures both decentralization and enhanced security through advanced cryptographic techniques.
By integrating MPC and PETs, Nillion removes the necessity of decrypting sensitive data before computation, significantly improving security for high-value data while maintaining decentralized functionality.
Learn more: Binance Vote to List Program: Strong Support for BNB Chain
How to Participate
To join the $NIL Launchpool:
Stake BNB or FDUSD or USDC in the designated pools.Complete Binance’s KYC process to ensure eligibility.Earn NIL tokens daily during the farming period.
