Introducing the Bitcoin Accumulator: The World’s First DeFi 2.1 Protocol
Building in stealth for many months now, Player 2 is finally dropping its first ever product: The Bitcoin Accumulator. This product is the first of its kind and is branded as the first DeFi 2.1 protocol. The Bitcoin Accumulator helps users accumulate more Bitcoins by capturing market inefficiencies. The profits are then distributed to its users in real time. Sounds too good to be true? Read on.
Introducing Player 2’s Bitcoin Accumulator
Player 2 is a metaverse built on Solana that is focused on real-world utility where users can play to learn, earn, socialize & more. While their main metaverse is still in alpha development, they have been teasing previews that have brewed great interest among their fast growing user base. In an unexpected move, they recently announced that they will be releasing an innovative side project before the launch of their main project.
Mark your calendars for 6 March 2022 for the public launch of Player 2’s Bitcoin Accumulator, the first DeFi 2.1 protocol that will be the first of many.
What Sets DeFi 2.1 Apart
- DeFi 2.1, an improved version of DeFi 2.0, is designed to capture market inefficiencies and convert that into value for users.
- Player’s 2 Bitcoin Accumulator’s token is set up in a way that its backing will only ever increase.
- As the backing is in Bitcoins, holding the token means accumulating more BTCs.
- Unlike DeFi 2.0, new tokens are minted purely from profits which means no dilutions.
- What’s the catch? Player 2 is not promising high APYs or an instant moon. Instead, they are focused on a steady accumulation through fundamentally sound economics.
- Sound economics means value must come from somewhere, and value here is captured via arbitrage.
- In an opposite approach from other projects, users are first greeted with their Learn First, Ape second page. Player 2 has a core mission in education and wants their users to understand at least the basics before jumping on board. To aid with this, they have also produced an explainer video on what DeFi 2.1 is and how the Bitcoin Accumulator works.
Learn more about Player 2
To learn more, read their medium article and head over to Discord discord.gg/player2 to get the latest updates.
