#VoteToDelistOnBinance

#NIL Nillion is a permissionless network that provides secure data storage and computation for blockchains and AI. Handling high value data (e.g. data for AI agents, trading data, etc.) is extremely challenging or impossible for blockchains. Nillion solves this problem by enabling storage and computation on encrypted data – a process known as blind computation.

NIL is the native utility token which has the following functions:

Coordination Network: NIL is used to make transactions, access network resources on the Coordination Layer, and settle usage costs across the network.

Blind Computation: Developers and users can leverage NIL to access advanced privacy-preserving computation services for their applications.

Staking: Tokenholders can stake NIL to support network security and earn rewards. Validators can bond their tokens to validate transactions and computations to secure the network.

Governance: NIL tokenholders are eligible to participate in decentralized governance, proposing and voting on critical network decisions, including protocol upgrades, network parameters, resource allocation, and community grant initiatives.

The Nillion Network consists of the following major components working in conjunction:

The Petnet Layer: Facilitates blind computation and enables data processing without revealing its content.

The Coordination Layer: Operates as the network’s transactional backbone, managing payments, resource allocation and requests between network participants.

Nillion has raised $52.7 million across three funding rounds.

As of March 20th 2025, the total supply of NIL tokens is 1,000,000,000 and the circulating supply upon listing will be 195,150,000 (19.52% of the genesis total token supply).