Orbs: OIP-10 reserve burn proposal opens for community discussion - 03 Nov 2026
Orbs opens OIP-10, a proposal to burn 507,540,603 ORBS from the Long-Term Reserves Pool, for community discussion on 3 November 2026. The proposed burns would take place in weekly batches, with a Snapshot vote following the discussion.OIP-10 is the Orbs DAO's first tokenomics proposal. If it advances, the burn would directly reduce ORBS supply. That supply reduction could affect the token's valuation by removing tokens held in reserve.The Orbs DAO has its first tokenomics proposal.OIP-10 proposes burning 507,540,603 ORBS (approximately $3.5M) from the Long-Term Reserves Pool in weekly batches.It is now open for community discussion ahead of a Snapshot vote.