I have design file created in Figma containing of our consumer site. Example attached. We have another website that is different but using the same variables seen here. 

So, I copied them into the new project so both are using the same variables in the properties section in the right for spacing, colors and width etc.

If I update something in the main file like a variable color or text size, I will update it in the variables section in the new project file. 

Am I doing this right?
Thanks