ApeSwap Adds Launch Support for Binance’s First Soulbound Token

Holders of the BAB token can mint a unique ApeSwap x BNB Chain NFT

2 min readSep 8, 2022

ApeSwap is proud to be one of the premiere platforms to add Binance’s BAB (Binance Account Bound) token support at its launch.

ApeSwap is a decentralized finance (DeFi) platform offering a full suite of tools to explore and engage with the future of wealth building, overseen by the ApeSwap Decentralized Autonomous Organization (DAO).

To celebrate the launch of the BAB token, ApeSwap and Binance BNB Chain have partnered to create a unique, commemorative NFT, free to mint for BAB Token holders for a limited period of seven days.

Follow this link to claim your NFT: http://apeswap.finance/bab-raffle

Become a part of the ApeSwapNFT family now and have a chance to win a NFB (Non Fungible Banana) in the upcoming 30-day ApeSwapNFT raffle.

About BAB Token

The BAB token is the first-ever Soulbound Token (SBT) issued on BNB Chain that focuses on addressing identity issues in a decentralized society. It is a non-transferable and non-financialized token that will serve as credentials for users who have completed the Know Your Customer (KYC) process on the Binance exchange.

Unlike other digital assets, SBT cannot be transferred to another person.

“Soulbound Tokens will play a significant role in the way web3 credentials will work in a decentralized society. This will transform how we connect, as blockchain technology will give society greater authority to determine how communities interact based on their credentials or affiliations.”
- Binance CEO Changpeng Zhao

Timeline

September 8th, 09:00 UTC: BAB token available for minting.

All holders of this NFT will have a daily chance to win an ApeSwapNFT Non Fungible Banana NFT in an exclusive raffle for a period of 30 days.

Use the Binance App to scan this QR code and mint your BAB Token: