BlockBeats News, October 20th, according to official sources, PancakeSwap announced that the community-driven DeFi platform Sigma.Money will conduct a token sale through CAKE.PAD, becoming the platform’s first DeFi project. Sigma.Money supports users to trade BNB and other assets with up to 7x leverage, implements a partial liquidation mechanism to reduce liquidation risks, its stablecoin bnbUSD is backed by BNB and related assets, and maintains its peg through a stability pool and redemption mechanism.
The token sale event will take place on October 21st, from UTC 02:00 to 07:00. Users can use CAKE to subscribe to the SIGMA token, and after the event, 100% will be immediately tradable. This CAKE.PAD offering will provide 15 million SIGMA tokens (1.5% of the total supply) with a fundraising target of $150,000.
