OIP-3 Proposes a substitution of burning OPEN tokens during test phase for the following:
Using the OPEN tokens targeted for burning, to purchase OCP from the open market (e.g. Uniswap).
Burning the purchased OCP tokens.
Potential benefits:
Avoid direct value destruction of OPEN tokens. Burning OPEN doesn’t seem to have a long term correlation with value creation.
Create value and alignment for OCP holders, who are the vanguard and most active community members.
Test a new utility for the token during our OCP testnet phase.
Voting period from Tuesday 15th October 17:00 UTC to Thursday 17th October 17:00 UTC