$NIL 🪂 - Current Stats 244k+ verifiers, 133M+ Secrets Secured
Wild stats dropped by @nillionnetwork 📊
> 244k+ verifiers
> 133M+ secrets verified
> 700GB of data secured
If you’re not running a $NIL verifier, you’re missing out serious 🪂 rewards.
Here’s the why, how, and what you need to know 👇
➤ What are verifiers?
Verifiers on the @nillionnetwork are crucial to ensuring the integrity and security of data. They’re responsible for verifying that data shares stored on the network remain intact, playing a critical role in the decentralized architecture.
Essentially, verifiers protect the system by maintaining data security, making sure that the data shares uploaded to the network are valid and safe.
➤ Why should you care?
The Verifier Program is still active, and anyone can join in. This program is designed to bootstrap the verifier network on Nillion to maintain security and prepare for the upcoming mainnet launch.
Verifiers are key players in the ecosystem, and airdrop rewards for early verifiers are highly likely. The team has been open about rewarding contributions, so the writing is on the wall—those who participate now stand to benefit.
If you’re early in running a verifier, you’ll likely qualify for future rewards, especially as the network gets closer to mainnet.
➤ What do you need to do?
1. Set up a verifier:
• Setting up a verifier is simple, and there’s a guide below to help you get started.
• Verifiers run in the background and contribute to the health and security of the network.
2. Upload secrets weekly:
• In addition to running a verifier, you can start uploading secrets (data) to Nillion regularly. Each secret you upload strengthens the network and increases your chances of being eligible for the $NIL airdrop.
• There are various categories for secrets, so you can contribute in different ways.
3. Stake $ETH for maximum impact:
• You can stake $ETH against your verifier or the secrets you upload. Staking boosts your impact score on the network, directly increasing your chances of qualifying for future rewards.
• The minimum stake is 0.05 $ETH, but if you want to maximize your potential $NIL airdrop, it’s recommended to stake more. The higher your stake, the bigger your impact score, and the more you contribute to the network’s success.
➤ Track your progress
Once you’ve set up your verifier and staked your $ETH, you’ll be able to track your impact score through a personal dashboard. This dashboard will show your verifier’s performance and secret contributions across the Secrets and Verifier tabs, making it easy to see how much you’re contributing and where you stand in the ecosystem.
This impact score will likely play a significant role in determining airdrop rewards, so make sure you’re fully engaged.