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Binance, the world’s main cryptocurrency trade, has introduced Nillion (NIL) as the sixty fifth challenge on Binance Launchpool. Nillion is a computational community designed to handle safety challenges for high-value knowledge.
Farm NIL Tokens on Binance Launchpool
Ranging from March 21, 2025 00:00 (UTC), customers can stake their BNB, FDUSD, and USDC within the Binance Launchpool to earn NIL tokens. The farming interval lasts three days, ending on March 23, 2025 23:59 (UTC).
Reward Distribution
BNB Pool: 28,000,000 NIL in rewards (80% of complete rewards)FDUSD Pool: 3,500,000 NIL in rewards (10% of complete rewards)USDC Pool: 3,500,000 NIL in rewards (10% of complete rewards)Dates (00:00:00 – 23:59:59 UTC Every Day)Complete Each day Rewards (NIL)BNB Pool Each day RewardsFDUSD Pool Each day RewardsUSDC Pool Each day Rewards2025-03-21 – 2025-03-2311,666,666 NIL9,333,333 NIL1,166,666 NIL1,166,666 NIL
Itemizing and Buying and selling Particulars
Binance will formally listing NIL on its spot buying and selling platform on March 24, 2025 13:00 (UTC) with the next 5 buying and selling pairs:
NIL/USDTNIL/BNBNIL/USDCNIL/FDUSDNIL/TRY
Nillion might be designated with the Seed Tag for an early-stage token.
Nillion Tokenomics
Token Identify: Nillion (NIL)Complete Provide: 1,000,000,000 NIL Circulating Provide: 195,150,000 NIL (19.52% of complete token provide)Sensible Contract: TBA
What Drawback is Nillion Fixing?
Nillion is addressing vital challenges in knowledge safety and privateness by leveraging Privateness-Enhancing Applied sciences (PETs) and Multiparty Computation (MPC).
Key Options:
Safe storage with out decryption: PETs permit customers to securely retailer high-value knowledge on Nillion nodes with out exposing it.Computation on encrypted knowledge: MPC allows direct computations on encrypted knowledge, eliminating the necessity for conventional decryption strategies.Decentralization with high-level safety: Nillion ensures each decentralization and enhanced safety by superior cryptographic methods.
By integrating MPC and PETs, Nillion removes the need of decrypting delicate knowledge earlier than computation, considerably enhancing safety for high-value knowledge whereas sustaining decentralized performance.
Be taught extra: Binance Vote to Listing Program: Robust Assist for BNB Chain
Find out how to Take part
To affix the $NIL Launchpool:
Stake BNB or FDUSD or USDC within the designated swimming pools.Full Binance’s KYC course of to make sure eligibility.Earn NIL tokens each day through the farming interval.
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