Important notice: Binance will be the first platform to list this token, and spot trading will open on March 24, 2025, at 21:00 (UTC+8). Any claims of selling this token before the specified timeline are false advertisements. Please do your own research to ensure the safety of your funds!

This is a general announcement, and the products and services mentioned here may not be applicable to your region.

Dear users:

Binance Launchpool has launched its 65th project - Nillion (NIL), a decentralized network that utilizes blind computation for secure data processing and storage while protecting privacy. The website is expected to be updated approximately twelve hours after this announcement, before the activity opens.

Users can invest BNB, FDUSD, and USDC into the NIL reward pool on the Launchpool website starting from March 21, 2025, 08:00 (UTC+8) to earn NIL, with a total event duration of 3 days.

New token listing

Binance will list Nillion (NIL) on March 24, 2025, at 21:00 (UTC+8), and open trading markets for NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, and NIL/TRY, subject to seed label trading rules.

Project details:

• Token name: Nillion (NIL)

• Total token supply: 1,000,000,000 NIL

• Maximum token supply: Unlimited (1% annual inflation rate based on release type and autonomous governance)

• Total Launchpool amount: 35,000,000 NIL (3.5% of maximum token supply)

  • An additional 25,000,000 NIL will be allocated for marketing activities 6 months after the spot listing. Detailed rules will be announced separately.

• Initial circulating supply: 195,150,000 NIL (19.52% of total token supply)

• Smart contract details: Nillion Network (to be launched upon public release)

• Restriction terms: KYC required

• Personal hourly reward cap:

  • BNB pool: 38,888 NIL

  • FDUSD pool: 4,861 NIL

  • USDC pool: 4,861 NIL

• Research report: Nillion (NIL) (to be launched within 24 hours after this announcement)

Reward pool:

• BNB pool (the website will be updated within twelve hours after this announcement, before the activity opens): Total rewards 28,000,000 NIL (80%)

• FDUSD pool (the website will be updated within twelve hours after this announcement, before the activity opens): Total rewards 3,500,000 NIL (10%)

• USDC pool (the website will be updated within twelve hours after this announcement, before the activity opens): Total rewards 3,500,000 NIL (10%)

• Event duration: March 21, 2025, 08:00 (UTC+8) to March 24, 2025, 07:59 (UTC+8)

Reward amount phase distribution:

Note: The above table uses UTC time, which converts to 08:00:00 AM to 07:59:59 AM the next day in UTC+8.

Relevant links:

• Official website

• White paper

• X

Attention:

• Users must update the Binance App to version 2.89.0 or higher;

• Binance will take random snapshots of users' total holdings and reward pool holdings data multiple times every hour to calculate users' average hourly holdings and rewards;

• Users can claim the received tokens (updated hourly reward amounts) to their spot accounts at any time;

• Total holdings data for each reward pool will be updated in real-time;

• Each reward pool is calculated individually, and users can flexibly allocate tokens to the corresponding reward pools, but multiple mining of one token is not supported;

• Users can withdraw tokens from a reward pool at any time and transfer them to other reward pools;

• Once the tokens in the reward pool are fully mined, the assets participating in the Launchpool and the unclaimed tokens will automatically return to the user's spot account;

• Binance's principal guaranteed earn BNB flexible income pool and BNB fixed-term products, as well as on-chain earn products will support this Launchpool. The BNB in the flexible income pool, fixed-term products, and on-chain earn products will automatically participate in the Launchpool;

• When multiple Launchpool projects are ongoing simultaneously, unless otherwise specified, BNB in the flexible income pool and fixed-term products will be evenly distributed among multiple Launchpool projects;

• If the assets in the BNB flexible income pool are used as collateral for borrowings, users will not be able to earn Launchpool rewards;

• Launchpool reward calculations will support staked Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in the Binance wallet;

• For the above trading pairs, spot algorithm orders will also start supporting trading on March 24, 2025, at 21:00 (UTC+8). Trading bots and spot copy trading will be enabled within 24 hours after the above token is listed on the spot. For currently running spot copy trading portfolios, users can enable new trading pairs through [Spot Copy Trading Settings] - [Personal Trading Pair Preferences];

• The BNB transferred into the reward pool will still enjoy the standard holding statistics of BNB, such as airdrops, VIP rights, etc.;

• Participants engaged in fraudulent or abusive behavior during the Binance Launchpool event will have their qualifications canceled and rewards revoked at Binance's discretion, including but not limited to: registering accounts from the same IP or device, bulk registering accounts to obtain additional rewards, and any other activities related to illegal or fraudulent activities;

• Whether users can participate in the Launchpool will be subject to restrictions based on their country or region; please refer to the prompts on the Launchpool page. Please note that the list of restricted countries or regions provided below is not exhaustive and may be updated as local laws, regulations, and other considerations change. Users must complete identity verification (KYC) and not be located in the following countries or regions to participate in this Launchpool.

  • Currently, users residing in the following countries or regions cannot participate in the NIL Launchpool: Australia, Canada, Cuba, Crimea, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, the United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and the U.S. Virgin Islands), and any non-government-controlled areas of Ukraine.

  • The list of restricted countries or regions may be updated periodically based on changes in laws, regulations, and other factors.

• Users in the following countries/regions cannot use NIL for deposits and withdrawals:

  • Belgium, France, Italy, Poland, Spain, and Sweden.

  • Users in these countries/regions can only buy and sell tokens.

• The English original announcement and the translated version may differ. In case of any discrepancies, please refer to the English original for the latest or most accurate information.

Thank you for your support of Binance!

Binance Team

March 20, 2025

Note: This announcement was updated on March 22, 2025, to clarify that users from Belgium, France, Italy, Poland, Spain, and Sweden will be unable to use NIL for deposits and withdrawals. Users from these countries can only buy and sell the token.