Nillion (NIL) is a decentralized public network based on a new cryptographic primitive called Nil Message Compute (NMC). The project creates an infrastructure for secure and private data processing, operating in a fundamentally different way from traditional blockchain networks.

Read about Nillion (NIL) in the analytical report by Binance.

• Token name: Nillion (NIL)
• Current total token supply: 1,000,000,000 NIL
• Token reward on Launchpool: 35,000,000 NIL (3.5% of total token supply)
• Smart contract information: Nillion Main Explorer .
• Staking requirements: KYC required.

Project website | Whitepaper | Twitter | Telegram | Detailed terms

How to participate

Here is a step-by-step guide to participating in Binance Launchpool projects.

Via the website

1. Go to Binance.com.

2. In the top menu, click on the "More" button and select the "Launchpool and Launchpad" section.

3. Then scroll down and click "More" again to participate in the respective project.

4. Next, select "FDUSD Pool" or "BNB Pool" and enter it.

5. Then click the "Staking" button, specify the desired amount, and confirm.

Through the mobile application

1. Download the official Binance.com exchange app.

2. In the main menu, press the exchange logo button and enter the menu.

3. Then press "Launchpad" or "More Services" to find this section.

4. Next, select "FDUSD Pool" or "BNB Pool" and enter it. After that, click the "Start Staking" button, specify the desired amount, and confirm.

Terms

Users will be able to lock their BNB, FDUSD, and USDC to receive NIL distributions for three days, with farming starting on 21-03-2025 03:00 (MSK).

Supported Pools

BNB Staking: 28,000,000 NIL as rewards (80%).

FDUSD Staking: 3,500,000 NIL as rewards (10%).

USDC Staking: 3,500,000 NIL as rewards (10%).

Snapshots of users' balances and total pool balances will be taken multiple times at any moment each hour to calculate users' average hourly balances and determine their rewards. User rewards will be updated every hour.

Users will be able to accumulate their rewards (calculated hourly) and withdraw them directly to their spot accounts at any time.

Users who lock their BNB in flexible and locked products, including Binance BNB Simple Earn and On-chain Yields products, will automatically participate in Launchpool and receive new token rewards.

The listing will take place after the pool ends, and all accrued tokens can be sold immediately when the listing starts. The USDC (FDUSD) pools are absolutely RISK-FREE, and if you are a holder of BNB (Binance's exchange token), you should definitely participate!

Results

Actual profits may vary, as the value of coins you receive from the pool will change. Some users prefer to sell coins at the current price daily, while others may realize them at the end of the term or keep them in their portfolio. The coin price can both fall and rise. For example, you might sell a coin daily for $1, while later someone else might sell it for $2 or, conversely, for $0.5 per coin. Each person makes this decision independently. Experience shows that free coins received from pools are best sold immediately after accrual or at the start of listing if the coin will be on sale after the pool ends.

Based on the staking results, we record the following outcomes:

APR (Annual Percentage Rate) is the annual interest rate that shows the basic return on investment without taking into account the effect of compound interest. In the context of crypto investments, APR represents the simple percentage of the principal amount you will receive over a year.