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The world’s largest cryptocurrency exchange, Binance, has announced its 65th Launchpool project, Nillion (NIL). Nillion is designed to securely process and store data while preserving privacy through a decentralized network. Users can earn NIL rewards by staking BNB, FDUSD, and USDC coins for a three-day period. The farming process will commence on March 21, 2025, at 03:00 UTC, and will conclude on March 24, 2025, at 02:59 UTC. Following this period, Binance will list NIL coin for trading.
Earn NIL Coins through Binance Launchpool
Users will have the opportunity to earn NIL rewards by locking their BNB, FDUSD, and USDC in designated pools. The farming process will begin on March 21, 2025, and end on March 24, 2025.
Binance plans to distribute a total of 35 million NIL as Launchpool rewards. Eighty percent will be allocated to users who stake BNB, while ten percent each will go to those staking FDUSD and USDC. Rewards will be distributed hourly based on set limits.
- BNB pool: 38,888 NIL
- FDUSD pool: 4,861 NIL
- USDC pool: 4,861 NIL
Nillion to be Listed on Binance after Farming Period
Binance has confirmed that Nillion (NIL) will begin trading on March 24, 2025, at 06:00 UTC. Users will be able to trade through pairs such as NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY.
The exchange indicated it will implement a “seed tag” for NIL, encouraging users to conduct research on early-stage projects. Details regarding the project’s smart contracts and network will be shared with the public during the launch.
Nillion will be launched with a total supply of 1 billion coins, with 195.15 million NIL available initially, representing 19.52% of the total supply. Additionally, the supply is planned to increase over time at an annual inflation rate of 1%.
What is Nillion (NIL)?
Nillion is developed to process data securely and privately within a decentralized network. Utilizing blind computing technology, it ensures data confidentiality while offering fast and scalable data processing. With Binance’s support, Nillion seeks to reach a wider audience in the cryptocurrency market.
