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Variational Announcements Variational Announcements @variational_io · 882 subscribers
Post #243 553
New announcement from 0xmgb in Discord:

Welcome back to another biweekly update!

**Product**
* The most recent mainnet release was [v0.3.0](<https://discord.com/channels/1196857788220067943/1338537927365492818/1436190979919974551>)
* Implemented trigger orders (market orders that submit when mark price crosses set trigger price).
* Fix for referral code botting: if a referral doesn’t trade on Omni within 24h of using the code, they will be removed as a referral.
* Added rate limits.

**Community**
* The new Variational website has been [translated into 9 different languages](<https://x.com/variational_io/status/1985774316953420262>) thanks to community translators (with more on the way!).
* Omni took 6 months to go from $0 to $1B in trading volume, and [3 months to go from $1B to $40B](<https://x.com/variational_io/status/1987998797847470550>).
* A significant portion of Omin’s volume has [come from “long-tail” markets](<https://x.com/variational_io/status/1988357773265146015>).
* A [community Twitter space](<https://x.com/ElNachoCrypto/status/1986583800286007711>) has been scheduled for November 17th.


**Metrics**
* *Key Metrics*
* Total Volume Traded: $44,252,040,160
* Current Dual-Sided OI: $385.35M
* Total Trades Placed: 13,270,043
* Total Tokens Currently Listed: 494
* *Rewards Metrics*
* Total Losses Refunded: $1,955,410
* Percent of Total Platform Losses Refunded (since implementation of loss refunds): 2.3%
* *User Metrics*
* Daily Active Users (avg. over past week): 3861
* Weekly Active Users: 8,054
* *Revenue Metrics*
* 2w Revenue: $1,044,461
* Revenue Directed to OLP: $636,462
* Revenue Directed to Loss Refund Pool: $407,999
* Total OLP PnL: $6,004,900

Thank you @everyone for supporting Omni! This past two weeks, we’ve been cooking up some new features and functionality that we’re very excited to put in mainnet; stay tuned.
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