Binance has released a token for account binding, referred to as BAB. Minting requires 1 USDT, it cannot be transferred, and it has no monetary value, essentially serving as an on-chain ID.

Holding BAB tokens allows participation in projects within the BNB Chain ecosystem, such as receiving exclusive airdrops, NFTs, or VIP privileges. Multiple projects have committed to offering special rights to BAB holders, such as voting rights, in-game rewards, or higher trading limits.

Other uses include facilitating DAO voting to increase fairness; building Web3 on-chain identities to reduce bot interference; enhancing DApp interaction and activity. If you're interested, you can check it out in the homepage service widget, click on 'more' and scroll down to the bottom where BABT is located.