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Variational Announcements Variational Announcements @variational_io · 877 subscribers
Post #266 788
New announcement from 0xmgb in Discord:

Welcome back to our biweekly update. We're excited to report a new all-time high in 2 week revenue in this update!

**Product**
* The most recent mainnet release was [v0.8.0](<https://discord.com/channels/1196857788220067943/1338537927365492818/1464119522230403197>).
* Complete rework of rewards page and tiers progression display.
* “Close all” button for positions.
* Performance enhancements to realtime streams.
* Began testing of mechanism to direct protocol revenue to on-chain treasury wallet (currently directs 10% of spreads to protocol treasury wallet, similar to loss refund pool funding mechanism; numbers will change as testing continues; docs coming soon).

**Community**
* Points distributions [5](<https://x.com/variational_io/status/2011954244824551646>) and [6](<https://x.com/variational_io/status/2014491105732288721>) have been completed.
* Over the past month, the number of accounts on Omni [grew from 26k to 92k](<https://x.com/variational_io/status/2011868776795615313>).
* An Omni trader received a [$30,000+ loss refund](<https://x.com/asifeth/status/2011107974660702279>), marking the single largest loss refund on the platform to date.
* A Variational community member added Omni to their [execution price leaderboard](<https://x.com/0xMGB/status/2013666488641560881>).
* By popular demand, [$XMR was listed](<https://x.com/variational_io/status/2011114871862288395>) on Omni.
* Variational co-founder <@936805508898238494> explained RFQ as [“liquidity aggregation, not competition”](<https://x.com/mr_plumpkin/status/2013951375688798702>).
* Hasseeb from Dragonfly Capital discussed [RFQ as ‘curated markets,’](<https://x.com/mr_plumpkin/status/2011827522447548617>) while CLOBs optimize for price discovery.


**Metrics**
* *Key Metrics*
* Total Volume Traded: $136.25B
* Current Dual-Sided OI: $1.09B
* TVL (Excludes Some OLP Hedging Accounts): $133.81M
* Total Tokens Currently Listed: 492
* *Rewards Metrics*
* Total Rewards Claimed: $5,378,024
* Total Losses Refunded: $3,671,444
* Total Referral Rewards Claimed: $1,706,580
* *User Metrics*
* Daily Active Users (avg. over past week): 14,016
* Weekly Active Users: 28,017
* *Revenue Metrics*
* 2w Revenue: $2,729,731
* Average Daily Revenue: $194,981
* Revenue Directed to OLP: $2,034,390
* Revenue Directed to Loss Refund Pool: $457,079
* Revenue Directed to Referral Rewards Pool: $220,806
* Revenue Directed to Protocol Treasury (just deployed for testing yesterday, numbers under construction, docs soon): $17,456
* Total OLP PnL: $10,800,649

We appreciate your continued support and feedback @everyone!
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