Jacob Phillips
@JacobPPhillips
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CoFounder @Lombard_Finance prev: Polychain, Perennial
NYC
Joined July 2019
Hey everyone, few updates: . 1. I'm now building @Lombard_Finance, alongside @lukejdpearson @polychain and a killer team. 2. We raised a Seed Round & will be launching soon. 3. I officially moved to NYC! .4. I'll be at ETH CC, helping spread the Lombard gospel.
Lombard is excited to announce our $16M seed round to kick-start the Bitcoin restaking ecosystem led by @polychain!. With additional participation from @babylon_chain, @daofive, @FTI_Global, @ForesightVen, @mirana, @0xMantleEco Fund, @NomadCapital_io, @OKX_Ventures, and
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Excited to speak at KBW! . Will be spending close to 3 weeks in Korea in September, so keen to talk about Bitcoin yield/utility/infrastructure onchain with anyone in the area.
Excited to have @JacobPPhillips, Co-Founder of @Lombard_Finance, at #KBW2025: IMPACT! . Learn how Lombard is connecting Bitcoin to every chain, DeFi protocol and yield opportunity with LBTC!.📍Sept 23–24 | Walkerhill, Seoul.🎟 #KBW #KoreaBlockchainWeek
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Blue Chip Club.
Borrow. Against blue-chip crypto like ETH, BTC, LBTC and more coming soon.
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The new & improved Lombard is live. We're all in on Bitcoin. We're building the full stack of infra for BTC onchain. We will lead the BTC DeFi movement. Lombard will do for BTC what Tether/Circle did for stablecoins.
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The appeal of racing to new ecosystems has dwindled considerably. Builders just want to be the masters of their own destiny at this point. They're sick of the underlying chain/infra determining whether or not their product succeeds. @base, the epitome of stability, has been a.
RIP $BLAST. @fantasy_top_ is finally moving to @base . As a Fantasy Day 1 supporter, I couldn't be happier. Millions of users will have exposure (to my Fantasy bags) from now on. Unlimited opportunities, collaborations and airdrops from Base communities incoming. $FAN to $1
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Only a few were bold enough to go green.
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The 'hierarchy of moneyness’ is important for valuing cryptoassets. Top Money: .Stablecoins: Unit of account (basis for transacting).BTC: Non-sovereign Store of Value (basis for value) . Everything else can have monetary properties, but will be FAR lower on the hierarchy.
"Revisiting L1 Tokens as Money: A Critique of ‘Monetary Premium’" by @mlphresearch.
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Lombard will be the only BTC (both wrapped & LST) on @katana. @0xPolygon is going all-in on agglayer with app-specific chains. @katana is a chain optimized for DeFi, in collaboration with @GSR_io. BTC deposits vaults live with competitive rewards.
Early liquidity wins. Katana's mainnet launches soon, unlocking a 15m $KAT reward pool for depositors ready to move first. Deposit LBTC now to start earning $KAT and incentives as soon as Katana goes live - and secure your share early!. More details 👇
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When we started Lombard, I think @sunandr_ was our first call. Vaults have taken DeFi by storm, and Veda has led the charge. Veda (and other vaults) are simply a killer product —making TVL 10x more efficient. Congrats to the Veda team! @GoodStephV @joshkessler_ @aj_hammondd.
We’re extremely excited to announce that we’ve raised $18M to become the DeFi engine for financial apps. Led by @coinfund_io with participation from @cbventures, @MaelstromFund, @GSR_io, @AnimocaVentures, @BitGo and many others. Let’s talk about where this is going 🧵
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in 2018/19, I used to listen to @epicenterbtc religiously, learning from the biggest names in the space. A true privilege to have been invited on to talk Bitcoin DeFi.
🚀 NEW EPISODE 🚀. Unlocking Bitcoin DeFi through liquid, yield-bearing LBTC. @crainbf chats with @JacobPPhillips about the state of Bitcoin DeFi and how @Lombard_Finance's LBTC aims to unlock new sources of liquidity and yield through DeFi. Bitcoin remains an untapped source of
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Interesting 👀
TVLs are rising. Borrowing demand is growing. Yield options are expanding. Activity is ramping. DeFi is inevitable. And Spark?. It's the spark that binds it all.
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WOW . On-chain finance: Put the rules on chain, open source the code. Full transparency & Can’t be evil. ^ This is the most powerful tool for regulators they’ve ever seen, and they’re just coming to understand this. DeFi Summer is back 🔥.
The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi, or Decentralized Finance, movement.
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"Special Skills: Photogenicity" - agreed. Lombard community on fire lately ❤️.
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Champions at last. God bless Ange. God bless Brennan Johnson. God bless VDV. God bless Sonny.
The rollercoaster continues —Tottenham in Europa final.
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Lombard team all on one livestream. Heart is warm walking back to the early days of Lombard. Come a long way but just getting started. @0xcharlotte_ .@th3m477 .@Maksym_Web3 .@KevSilk .@CryptoTotocalco.
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Lending tree survey: 41% of buy now pay later users have been late on payments. Defi sees businesses like this and thinks “I can fix her”.
Klarna’s losses widen as more consumers fail to repay loans
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Go back and listen to an @aantonop talk if you haven’t in a while. Without a doubt the best articulator of why permissionless finance matters. Freedom of Finance is our generation’s free speech movement.
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The line between Staking (technical risk) and LP’ing (economic risk) is slowly being blurred. Think of the capital efficiency when they become one 🥹.
🗡️ The next phase of Slashing is coming: Redistribution. Slashed funds aren’t lost, they’re redirected. Now AVSs can repurpose them, unlocking new use cases in the verifiable economy. Details 👇🧵
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