Nillion (NIL) on Binance Launchpool: Opportunity to Farm Tokens Before Listing
Cryptocurrency exchange Binance has announced the launch of its 65th participant in the Binance Launchpool: Nillion (NIL), a groundbreaking project aiming to revolutionize privacy in computing and data storage on the blockchain. This launch opens new opportunities for platform users, who can now start farming Nillion (NIL) tokens using BNB, FDUSD, and USDC in dedicated pools. Below, we detail the key aspects of this initiative and how to participate.
Details of the Nillion (NIL) Launchpool
Binance has confirmed that the farming of Nillion (NIL) tokens on Launchpool began on March 21 at 1:00 AM (UTC) and will continue until March 24 at 11:00 PM. Users can participate by depositing their assets into three separate pools, each with its own allocation of NIL tokens:
BNB Pool: 28 million NIL available for farming.
FDUSD Pool: 3.5 million NIL available.
USDC Pool: 3.5 million NIL available.
The goal of the program is to allow users to earn NIL tokens before their official listing on Binance, scheduled for March 24 at 00:00 PM (UTC). This approach is typical of Binance Launchpool, where participants can accumulate tokens from new projects by staking popular assets like BNB, FDUSD, and USDC, thereby boosting interest and initial liquidity for the project.
Nillion (NIL) is a project introducing the first "Blind Computer"—a private computation and storage network based on Privacy-Enhancing Technologies (PETs). This enables computations and data storage while maintaining privacy, opening the door to use cases such as private personalized AI, encrypted databases, and data marketplaces. The NIL token will serve as the network’s native utility token, used for transactions, governance, and accessing services.#BinanceLaunchpoolNIL