New announcement from 0xmgb in Discord:

You know what time it is 🫵

Time for another Variational biweekly update!

**Product**
* The most recent mainnet release was [v0.1.15](<https://discord.com/channels/1196857788220067943/1338537927365492818/1372779750442926161>)
* Added estimated liquidation prices to positions table
* Added streaming to positions table and portfolio tab for real-time updates
* Lowered liquidation penalty from 1% to 0.5%
* General improvements to quoting/spreads stability and tightness
* Added Korean language localization and made small improvements to other localizations
* Released a complete rework of the Variational docs (with diagrams!). Check it out at <https://docs.variational.io>.

**Community**
* Variational cofounder Ed posted about how the latest release made Omni’s spreads on majors highly competitive with leading exchanges: <https://x.com/mr_plumpkin/status/1923271685198791013>
* We created a Twitter community for Variational traders! Join to post your trades, ask questions about the platform, or get connected to other traders: <https://x.com/i/communities/1920936338762637482>
* We saw another ATH day in volume and OLP PnL on May 12th: <https://x.com/variational_lvs/status/1922001608348459316>
* Omni officially surpassed $100m in trading volume, also on May 12th. Since OLP is not included in volume calculations, this number is all taker volume. <https://x.com/variational_io/status/1921958579852186099>
* Omni passed $1m in open interest for the first time on May 14th! <https://x.com/variational_io/status/1922690391461200081>
* On May 7th, we implemented some changes to the automated listing engine that brought the number of listings on Omni up from 653 to 860: <https://x.com/variational_io/status/1920166218335728042>
* Yesterday we hosted a Twitter Space with both Variational cofounders (<https://x.com/mr_plumpkin> & <https://x.com/variational_lvs>) to discuss how OLP is democratizing the market making strategies they’ve been building their whole careers. Read the summary here: <https://cryptotwitter.space/reports/168d5b0e-ae65-4a19-93a1-aca7849785fe>

**Metrics**
* # of new tokens listed in past 2 weeks: 42
* Total tokens currently listed: 860
* Total volume traded: $115,849,398
* Total trades placed: 70,666
* Total OLP PnL: $88,000

@everyone