New announcement from 0xmgb in Discord:
Biweekly update (loss refunds edition):
**Product**
* The most recent mainnet release was [v0.1.71](<https://discord.com/channels/1196857788220067943/1338537927365492818/1413539618862792925>)
* Loss refunds are live in mainnet! See [docs](<https://docs.variational.io/omni/rewards/loss-refunds>) for info on how it works.
* Loss refund referral rewards live in mainnet (UI to track loss refund referral rewards is still under construction)
**Community**
* We announced on [Twitter that loss refunds are live](<https://x.com/variational_io/status/1963980621363171785>).
* We’ve announced some plans for Korea Blockchain Week!
* We’re hosting a [Variational x Arbitrum Mixer](<https://x.com/variational_io/status/1962928003194978596>)
* We’re sponsoring [UmbrellaX’s Perp Dex Day](<https://x.com/magonia_B/status/1962135564372910355>)
* We’re sponsoring [HackVC’s Hacksummit](<https://x.com/hack_vc/status/1960902861996614012>)
* We joined a [livestream with Arbitrum](<https://x.com/arbitrum/status/1963618190556369030>) to show off the new loss refunds feature.
* Arbitrum posted a [blog post using Variational as a case study](<https://x.com/arbitrum/status/1961111814445420660>) of DeFi innovation on Arbitrum.
**Metrics**
* *# of new tokens listed in past 2 weeks:* 11
* *Total tokens currently listed:* 516
* *Total volume traded:* $2,213,309,674
* *Total trades placed:* 445,040
* *Total OLP PnL:* $870,282
* *OLP Yield (annualized from last 90d performance):* ~522%
* *Total Losses Refunded:* $14.36
* *Percent of Total Platform Losses Refunded (since implementation of loss refunds):* 0.06%
* *Daily Active Users (avg. over past week):* 199
* *Weekly Active Users:* 547
@everyone
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