Binance, the world’s top cryptocurrency exchange, is making headlines again, confirming it will be the first platform to list the Nillion (NIL) token. Trading is set to kick off on March 24, 2025, at 13:00 UTC. Binance has also issued a warning for investors to be cautious of pre-listing token sales, emphasizing that any such claims are likely scams. They strongly recommend doing proper research to protect your funds.
Today’s announcement also introduced Nillion (NIL) as the 65th project on Binance’s Launchpool platform. Nillion is a decentralized network powered by innovative blind computing technology, designed to offer secure data processing and storage while prioritizing user privacy. The Launchpool webpage is expected to go live within the next 12 hours, just ahead of the farming period.
How to Earn NIL Airdrops
Starting on March 21, 2025, at 00:00 UTC, users can lock their BNB, FDUSD, or USDC to earn NIL airdrops over three days. Trading will begin three days later, featuring trading pairs like NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY.
It’s worth noting that Binance will apply a “seed tag” to NIL, highlighting it as an early-stage project.
Launchpool Breakdown
Token: Nillion (NIL)
Total Supply: 1 billion NIL
Max Supply: Uncapped, with 1% annual inflation controlled by governance
Launchpool Rewards: 35 million NIL (3.5% of total supply)
Bonus Allocation: 25 million NIL reserved for marketing efforts, released six months after listing
Initial Circulation: 195.15 million NIL (19.52%)
Network: Nillion Main Explorer (To be launched soon)
Participation requires completing Binance’s Know Your Customer (KYC) verification.
Reward Pools & Farming Schedule
BNB Pool: 28 million NIL (80% of rewards)
FDUSD Pool: 3.5 million NIL (10%)
USDC Pool: 3.5 million NIL (10%)
Farming Period: March 21, 00:00 UTC to March 23, 23:59 UTC
Daily rewards will total 11.67 million NIL, distributed as follows:
BNB Pool: 9.33 million NIL per day
FDUSD Pool: 1.17 million NIL per day
USDC Pool: 1.17 million NIL per day
The rewards will be distributed evenly across the three-day farming window.
What’s Next?
Binance also hinted at releasing a comprehensive research report on Nillion within 24 hours, giving users deeper insights into the project. Keep in mind that the availability of products and services may vary depending on your region.
Stay tuned for more updates as the launch date approaches!
