Binance has introduced Nillion (NIL) as the 65th project on its Launchpool platform. Nillion is a decentralized network focused on "blind computing," enabling secure data processing and storage while maintaining privacy.
Launchpool Details:
Farming Period: March 21, 2025, 00:00 (UTC) to March 23, 2025, 23:59 (UTC)
Supported Pools and Rewards:
**BNB Pool:**
Rewards: 28,000,000 NIL (80% of total)
Hourly User Cap: 38,888 NIL
**FDUSD Pool:**
Rewards: 3,500,000 NIL (10% of total)
Hourly User Cap: 4,861 NIL
**USDC Pool:**
Rewards: 3,500,000 NIL (10% of total)
Hourly User Cap: 4,861 NIL
Users can stake BNB, FDUSD, or USDC in these pools to farm NIL tokens.
Tokenomics:
Total Token Supply: 1,000,000,000 NIL
Launchpool Rewards: 35,000,000 NIL (3.5% of total supply)
Initial Circulating Supply at Listing: 195,150,000 NIL (19.52% of total supply)
Inflation Rate: 1% annually, subject to governance decisions
Trading Information:
Binance will list NIL on March 24, 2025, at 13:00 (UTC), with trading pairs including NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY. A 'Seed Tag' will be applied to NIL, indicating its status as a new project with higher risks and volatility.
Participation Notes:
Users must complete account verification (KYC) to participate.
Certain regions are restricted from participation, including Australia, Canada, Cuba, Iran, Japan, New Zealand, North Korea, Syria, the United States, and others.
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