BNB News Today: CAKE.PAD Ditches Staking for Instant, Fairer DeFi Access

PancakeSwap has launched its CAKE.PAD platform, marking a significant evolution in decentralized token access mechanisms. The first project to debut on this platform is WhiteBridge Network, a decentralized identity verification system leveraging AI, blockchain, and real-world data. The CAKE.PAD event, active from October 14 to 15, 2025, allows CAKE holders to subscribe to 20 million $WBAI tokens-2% of the total supply-without staking or lock-up requirements. Participants commit CAKE to the platform, with 100% of subscribed tokens tradable immediately post-event.

WhiteBridge Network's $WBAI token is positioned as a solution to synthetic identity challenges in the digital age, offering a decentralized trust layer for identity verification. The project claims 3.59 billion profiles and 100,000 users, generating $3 million in annual recurring revenue. Backed by ChainGPT Labs and MVB 10 (BNB Chain, YZi Labs, and CMC Labs), the platform aims to redefine digital trust standards. The CAKE.PAD event targets a $160,000 raise in CAKE, with a token price of $0.008 USD.

The CAKE.PAD model replaces PancakeSwap's previous Initial Farm Offering (IFO) system, emphasizing simplicity and accessibility. Unlike IFOs, which required staking and tiered participation, CAKE.PAD allows direct CAKE commitments, with all participation fees burned permanently. This mechanism aligns with PancakeSwap's Tokenomics 3.0 strategy, which aims to reduce CAKE's supply by 20% by 2030 through deflationary burns. The platform's tiered subscription tax-lowering fees as oversubscription increases-ensures equitable access for all participants.

WhiteBridge Network's launch on CAKE.PAD is part of a dual-strategy campaign. Prior to the CAKE.PAD event, the project conducted an IDO on ChainGPT Pad from October 6 to 14, 2025, targeting AI-synergy-aligned investors. This layered approach amplifies visibility and liquidity, with $WBAI set to list on major exchanges on October 15, 2025. The project's integration with BNB Chain's MVB 10 program further underscores its alignment with DeFi infrastructure goals.

Participation in the CAKE.PAD event requires a non-custodial wallet with CAKE holdings. Users commit tokens during the event window and claim their $WBAI allocation post-event. If oversubscribed, unallocated CAKE is returned to participants after tax deductions. This streamlined process reduces entry barriers, broadening access for retail and institutional investors alike.

The launch reflects PancakeSwap's broader ecosystem expansion. By prioritizing CAKE utility and deflationary mechanics, the platform aims to strengthen its position in the BNB Chain ecosystem. Analysts note that CAKE's price surged 14% following the CAKE.PAD announcement, with some speculating a potential $10 price target. However, such forecasts remain speculative and tied to broader market conditions.

WhiteBridge Network's debut on CAKE.PAD highlights the platform's shift toward user-centric launch mechanics. With a focus on transparency, accessibility, and deflationary incentives, PancakeSwap's new model could set a precedent for decentralized token launches. The success of this initiative will likely influence future project listings and CAKE's long-term utility within the DeFi landscape.

Source: [1] PancakeSwap Blog (https://blog.pancakeswap.finance/articles/cakepad-whitebridge-network)

[2] Coinpaper (https://coinpaper.com/11522/first-project-to-launch-on-pancake-swap-s-new-cake-pad)

[3] 99Bitcoins (https://99bitcoins.com/news/presales/cake-crypto-to-breakout-to-10-after-cakepad-launch-is-cake-price-set-to-go-berserk/)