this is the Asian smile emoticon I created. It is based off the fact that a large majority of Asian people throw up a peace sign or two in pictures. In the emoticon it show two peace sign. It is use to express joy, happiness, etc.
A variation is V( ^.^ )V
Rose: Lol. Me and Jay went to the beach.
Lily: Nice you two make a cute couple.
Rose: He proposed.
Lily: Awwwwwwwwwwww. Aren't you happy?
Rose: v( ^.^ )v