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

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

Dear users:

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

Users can deposit BNB, FDUSD, and USDC into the NIL reward pool on the Launchpool website after March 21, 2025, 08:00 (UTC+8) to obtain NIL, with a total activity duration of 3 days.

New token listing

Binance will list Nillion (NIL) on March 24, 2025, 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 self-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 six 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 (will be live upon public release)

• Restrictions: KYC required

• Individual hourly reward cap:

  • BNB pool: 38,888 NIL

  • FDUSD pool: 4,861 NIL

  • USDC pool: 4,861 NIL

• Research report: Nillion (NIL) (will be live within 24 hours after this announcement)

Reward pool:

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

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

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

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

Reward amount stage distribution:

Note: The daily data in the table above is based on UTC time, converted to UTC+8 time from 08:00:00 to 07:59:59 the next day.

Related links:

• Official website

• White paper

• X

Notice:

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

• Binance will randomly take multiple snapshots of users' total holdings and reward pool holdings every hour to calculate the average hourly holdings and rewards for users;

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

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

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

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

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

• Binance's capital preservation BNB flexible yield pool and BNB fixed products, as well as on-chain earning products will support this Launchpool. Users' BNB in the BNB flexible yield pool, BNB fixed products, and on-chain earning products will automatically participate in Launchpool;

• When multiple Launchpool projects are running simultaneously, unless otherwise stated, users' BNB in the BNB flexible yield pool and BNB fixed products will be evenly distributed among multiple Launchpool projects;

• If BNB flexible holdings yield pool assets are used as collateral for flexible borrowing, users will not be able to obtain Launchpool rewards;

• Launchpool rewards calculation will support staking Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance wallet;

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

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

• Participants involved in fraudulent or abusive behavior during the Binance Launchpool activity will have their qualifications canceled and rewards revoked, 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 behavior;

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

  • Currently, users residing in the following countries or regions cannot participate in 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 periodically updated as laws, regulations, and other factors change.

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

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

  • Users from 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 not be able to use NIL for deposits and withdrawals. Users from these countries can only buy and sell this token.