Prop 3: Proposal for the Transfer of Developer Grant Allocation

Simple Summary
This proposal enacts the developer grant allocation logic defined in HIP-2 by authorizing the initial movement of newly generated inflationary HP coins (5% of total inflation) to a designated wallet (hippo15rfg4pydf83zydqkn8g3x7fqahtmhwwqr42rc0).
## Abstract
This proposal authorizes the transfer of newly minted HP coins, up to block 632012, into a dedicated wallet (hippo15rfg4pydf83zydqkn8g3x7fqahtmhwwqr42rc0) designated for development grants. As defined in [HIP-2: Mainnet Node & Validator Proposal], 5% of all newly minted HP coins from inflation are reserved as grants for development teams contributing to the Hippo Protocol mainnet’s technical infrastructure. The coins will be moved to Wallet C on July 1, 2025.
## Motivation
Establishing a transparent and trackable pool of development funds supports the growth and sustainability of Hippo Protocol’s core infrastructure. This transfer enables future community-led grant proposals while separating developer funds from other allocations.
## Documentation
- None.
## Specification
- Reward Source: 5% of HP inflation from mainnet launch up to block 632012
- Date: July 1, 2025
- Allocation Purpose: Developer grants for contributors to Hippo Protocol infrastructure
- Allocation Amount: 1,630,435 HP
- Allocation Wallet: hippo15rfg4pydf83zydqkn8g3x7fqahtmhwwqr42rc0
## Rationale
This proposal:
- Aligns with HIP-2’s long-term sustainability plan
- Establishes a dedicated fund to reward ecosystem technical contributors
- Enables future community-led grant processes backed by on-chain treasury
## Drawbacks
- None.
## Unresolved Questions
- None.
## Security Considerations
- None.
## Prior Art
- None.
## Backwards Compatibility
- None.
## Test Cases
- None.
## Reference Implementation
- None.
## Security Considerations
- None.
## Future Possibilities
- NA