Binance-Pegged RAQ also know as BEP20 RAQ is a token issued by the Binance exchange on Binance Smart Chain (BSC). It is a custodial wrapped form of RAQ whereby BEP20 RAQ is backed by native RAQ that is custodied by Binance. The core team has no control over this token.
Being a BSC token, BEP20 RAQ does not utilize the privacy technology of RAQ but can instead interact with defi protocol, AMM DEXes and other smart contracts on the BSC network.
You can obtain BEP20 RAQ either by withdrawing from Binance and selecting the BSC network instead of the RAQ network or by swapping it on FiroDEX.