Bitcoin Staking With Jacob Phillips

Welcome to The Gwart Show! Today, Jacob Phillips, founder of Lombard Finance, joins us to talk Bitcoin staking. From Babylon protocol's approach to Bitcoin security to Lombard's role in creating liquid staking derivatives, we chat about Bitcoin as a productive asset. Plus thoughts on technical infrastructure, market dynamics, and Bitcoin staking in DeFi. TOPICS • Bitcoin Staking Mechanisms • Babylon Protocol Overview • Liquid Staking Derivatives • DeFi Integration • Security Models • Cross-chain Bitcoin Solutions 🐦Follow our guests on Twitter: @JacobPPhillips Timestamps: 00:00 Start 00:52 Jacob intro 02:14 BTC staking 04:13 What is LBTC? 04:59 Minting LBTC on ETH 07:23 Demand 11:43 Yield 14:37 BTC restaking 15:53 Why restaking for security 18:11 Future of yield 22:19 BTC v ETH staking 25:22 New financial primitives 28:26 Points farming and the future 30:53 Lombard business case 33:40 Copy/paste rollups 35:45 Chain adoption 37:47 Competition 39:33 Babylon ecosystem 42:05 Why LBTC token 45:50 Current Bitcoin L2s 50:33 What happens if covenants? 55:15 Validator incentives 👋 The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs is building Atlas, the blockchain purpose-built for verifiable finance. You may know of Ellipsis Labs by their first product Phoenix, a fully on-chain orderbook DEX that’s done over 50 billion dollars in unincentivized volume. They are one of the strongest teams I know in crypto. If you’re interested in working for a mission-driven company, Ellipsis Labs is hiring engineers passionate about crypto and finance to work on Atlas. You can learn more and apply on Ellipsis Labs’ Twitter “at Ellipsis_Labs”. Don’t forget to check out Atlas too, @atlasxyz on Twitter. Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices