New announcement from 0xmgb in Discord:

Welcome back to the Variational biweekly update!

Product
• There was no major mainnet release in the past two weeks. The next mainnet release, v0.12.1, is scheduled for release on March 24th at 21:45 UTC.

Community
• Points distributions 13 and 14 have been completed.
• Omni is now listed as an exchange on CoinGecko.
• The Variational bug bounty program is now live, powered by ImmuneFi.
• Omni has crossed $2 million in referral rewards paid out on-chain.


Metrics
• Key Metrics
◦ Total Volume Traded: $189.27B
◦ Current Dual-Sided OI: $746.87M
◦ TVL (Excludes Some OLP Hedging Accounts): $111.90M
◦ Total Tokens Currently Listed:
• Rewards Metrics
◦ Total Rewards Claimed: $6,653,401
◦ Total Losses Refunded: $4,559,196
◦ Total Referral Rewards Claimed: $2,094,205
• User Metrics
◦ Daily Active Users (avg. over past week): 11,352
◦ Weekly Active Users: 19,381
• Revenue Metrics
◦ 2w Spreads Paid (Gross Revenue): $1,763,330
◦ 2w Market Making Costs (Cost of Revenue): ($755,767)
◦ 2w Net Revenue: $1,007,563
◦ 2w Rewards: ($262,014)
◦ Loss Refunds: ($176,333)
◦ Referral Rewards: ($85,681)
◦ 2w Net Profit: $745,549
◦ Protocol Treasury: $176,333
◦ OLP PnL: $569,216
◦ Lifetime OLP PnL: $12,098,813

As always, thank you for your continued support @ everyone!