Binance Launchpool information regarding Nillion (NIL)
Binance Launchpool information regarding Nillion (NIL):
* Binance Launchpool Project:
* Binance has announced Nillion (NIL) as its 65th Launchpool project.
* Nillion is a decentralized network focused on secure data processing and storage while preserving privacy through "blind computation."
* Launchpool Details:
* Users can farm NIL tokens by staking BNB, FDUSD, and USDC.
* The farming period is set for three days, starting on March 21, 2025, at 00:00 UTC.
* Token distribution is as follows:
* BNB Pool: receives the largest portion of the rewards.
* FDUSD and USDC pools receive a smaller equal portion.
* The trading of NIL is set to begin on March 24, 2025, at 13:00 UTC.
* Token Information:
* Total token supply: 1,000,000,000 NIL.
* Launchpool token rewards: 35,000,000 NIL (3.5% of the total supply).
* Initial circulating supply: 195,150,000 NIL (19.52% of the total supply).
* An annual inflation rate of 1% is planned.
* Key Points:
* The Binance Launchpool allows users to earn new tokens before they are officially listed for trading.
* Nillion's focus on privacy-preserving data processing is a key feature of the project.
In essence, Binance is providing an opportunity for users to participate in the early stages of the Nillion project by staking their existing cryptocurrency holdings.
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