My understanding is it sort of verifies your account but I only earned of it today.

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Why would I want that though? Not trying to be facetious, but just trying to understand the reason that drove it’s creation

I honestly have no idea. That's just what I was told when I asked.

It’s so someone like Jack Dorsey can use their own domain to prove who they are. For example, he used to be verified with cash.app. Though I think he decided he didn’t like NIP 05 for some reason, so he doesn’t anymore.

It also makes it easier to search people.

Ok ya I get it makes sense for ppl who want an online persona