PANews reported on October 20th that Pancakeswap officially announced that the DeFi project Sigma.Money (SIGMA) will open token subscriptions through CAKE.PAD, becoming the platform's first DeFi project. Sigma.Money is a community-driven DeFi platform that allows users to trade assets like BNB with up to 7x leverage and no funding fees. The platform utilizes a partial liquidation mechanism to minimize the risk of full liquidation and is powered by bnbUSD. The subscription event will take place from 02:00–07:00 UTC on October 21st. Users can subscribe to SIGMA tokens using CAKE, and 100% of the tokens will be immediately tradable after the event. CAKE.PAD will offer 15 million SIGMA tokens (1.5% of the total supply) with a fundraising goal of US$150,000.


