We fully agree with the positioning of the $BAB token as a Soul Bound Token (SBT), whose core function is to provide authentication for users. Our original intention of designing $BAB is to enhance the identity security and credibility of users in the BNB chain ecosystem, and to promote the application of BABT in reality to be consistent with Binance's authentication goals.
@binance@BinanceHelpDesk
Hi. Binance Account Bound (BAB) tokens are the first-ever Soulbound Token (SBT) built on the BNB Chain. BAB token is non-transferable and has no monetary value. It will function as a digital verification tool for Binance users who have completed identity verification.
For more information about Binance Account Bound (BAB) Tokens please check out our article here: https://t.co/zzCeGQFuVS. - HN