Binance, one of the largest cryptocurrency exchanges in the world, announced its 65th Launchpool project, Nillion (NIL). This project aims to securely process and store data through a decentralized network while maintaining privacy.
How to Earn NIL Coins via Binance Launchpool
Users will have the opportunity to earn NIL rewards by locking their BNB, FDUSD, and USDC in designated pools. The farming process will begin on March 21, 2025, and end on March 24, 2025. Binance plans to distribute a total of 35 million NIL as Launchpool rewards. Eighty percent will be allocated to users who stake BNB, while ten percent each will go to those staking FDUSD and USDC. Rewards will be distributed hourly based on set limits.
Nillion Listing on Binance after Farming Period
Binance has confirmed that Nillion (NIL) will commence trading on March 24, 2025, at 06:00 UTC. Users will be able to trade through pairs such as NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY. The exchange indicated it will implement a 'seed tag' for NIL, encouraging users to conduct research on early-stage projects. Details regarding the project’s smart contracts and network will be shared with the public during the launch.
What is Nillion (NIL)?
Nillion is developed to process data securely and privately within a decentralized network. Utilizing blind computing technology, it ensures data confidentiality while offering fast and scalable data processing. With Binance’s support, Nillion seeks to reach a wider audience in the cryptocurrency market.
The Nillion project represents a significant opportunity for users and investors by providing a decentralized solution for data processing and storage. By supporting such innovations, Binance is helping to push the boundaries in the field of cryptocurrency technologies.
