New announcement from 0xmgb in Discord:

It’s been about two weeks since loss refunds went live. Since then, we’ve refunded approximately 1.6% of total losses on Omni.

Right now, this amounts to approximately 17% of Omni’s revenue being directly returned to traders. Our long-term goal is to raise this number to ~67% (via spread discounts, platform credit, OLP yield, and more).

To give everyone a taste of what sharing more of Omni’s revenue feels like in your pocket, (and to get some extra feedback on loss refunds) **we’ve decided to boost everyone’s loss refund odds by 3x for the next 30 days.** This brings base loss refund odds from 1%-5% to 3%-15%.

We have also be seeding the loss refund pool with additional team capital to assist in the near term with matching these increased loss refund odds. You can track how much in loss refunds have been paid out in our new Dune dashboard [here](<https://dune.com/cas333333/variational-stats>) or directly on-chain [here](<https://arbiscan.io/address/0xc47756133753280c37b227c24782984e021c4544>).

Happy trading! Help us spread the word on [Twitter](<https://x.com/variational_io/status/1969607481640042733>).

@everyone