Here's a 'discussion springboard' for the next Phase:
If an equity wallet is ever found to hold less than the pledged amount, youre busted. The 10 Uno is forfeit to the Blue Crypto Award fund, and you must return the DVC to the bursar (and receive the going rate therefore).
I don't know that I agree with the ideas for Phase III, but I have to say this doesn't work so well with wallets. Wallets draw UNO by some magical algorithm from the addresses in the wallet, so you can still have the 10 UNO in good faith in your wallet, but the designated public address might still be empty when you use your wallet for anything else.
I'm cool with discussing Phase III, and am witholding my own comments at this time, but I do think we need to trade DVCs hundreds of times and have tens of TT's before moving on. JIMHO.