Variational: Swaps Launch and TGE Nears

Variational has released a major update and is moving closer to its TGE.

The team launched swaps and positioned the product around a RFQ model that brings liquidity from TradFi dealers and venues onchain.

This setup is described as providing deeper liquidity, potentially very large open interest limits, lower slippage, and more predictable carry costs.

The update is presented as a major improvement versus competing platforms, with execution costs reportedly several times cheaper.

The message says the next steps are API access and 24/7 swaps trading, after which the project should follow its roadmap toward TGE.

It also notes that users can still farm the remaining points for about 1-1.5 months before the token launch.