Orbs: OIP-10 reserve burn proposal opens for community discussion - 03 Nov 2026

What happened

Orbs opened OIP-10 for community discussion on 3 November 2026. The proposal would burn 507,540,603 ORBS, worth approximately $3.5M, from the Long-Term Reserves Pool in weekly batches, with a Snapshot vote to follow and no approval yet.

Proposed

Global impact / market context

If approved, the burn would remove 507,540,603 ORBS from reserve holdings, directly reducing the token's supply. A smaller supply with demand unchanged could lift the value of each remaining token, but the proposal is not final and the vote could still fail.

Analyst inference

This is the Orbs DAO's first tokenomics proposal, meaning its first formal plan affecting token supply. Holders must weigh the proposed supply cut against the risk that the Snapshot vote rejects it, since the burn only proceeds if the proposal advances through weekly batches.

Analyst inference

What to watch

1. Community discussion of OIP-10 opened on 3 November 2026, and a Snapshot vote is expected to follow that discussion period. Confirmed
2. Watch whether the proposal advances to burn 507,540,603 ORBS from the Long-Term Reserves Pool in weekly batches, as OIP-10 sets out. Proposed
3. Track the Snapshot vote result, since approval or rejection determines whether ORBS supply actually falls and how holders may reposition. Analyst inference

Evidence

• coinmarketcal.com