The DeFi Drop Volume 57

Biweekly, we’ll round up the hottest news across the DeFi ecosystem to help you keep up to speed.
A portion of the streaming royalties for one of Rihanna’s songs were minted into 300 NFTs. (Blockworks)
The Cardano ‘Valentine’ upgrade is live which expands the cross-chain DeFi capabilities of Cardano’s smart contract platform, Plutus. (CoinDesk)
DeFi DEX, Curve, passed a DAO vote to lay the groundwork for their upcoming stablecoin launch. (Blockworks)
Helium, the wireless communication network, expects to complete their migration to Solana by the end of March 2023. (CoinDesk)
Uniswap DAO voted in favor of deploying on BNB Chain. (The Block)
Arbitrum, an Ethereum L2, surpassed Ethereum mainnet in transaction volume boosted by the Arbitrum-native project GMX. (CoinDesk)
Lido DAO is debating taking a variety of actions with their treasury’s $30 million worth of ETH including staking, selling into stablecoins, an providing liquidity on Curve. (The Block)
Matter Labs’ ZkSync is four to six weeks away from an open Alpha launch on Ethereum mainnet. (Blockworks)
BNB Chain’s Director of Growth said they plan to launch Optimistic rollups and a zero-knowledge proof protocol in 2023. (CoinDesk)