HIP-5: Staker Governed Assistance Fund (AF-2) This HIP proposes allocating up to 5% of protocol trading fees to a new Assistance Fund (AF-2) governed directly by HYPE stakers. AF-2 extends the current buyback model (AF-1) by introducing real-time, on-chain voting that allows stakers to direct part of the fees toward Strict List tokens (e.g., HYPE, PURR, HFUN). This mechanism supports ecosystem growth while maintaining HYPE’s deflationary structure and attracts new builders. The proposal includes a detailed empirical simulation analyzing market impact, liquidity effects, and risk mitigation measures such as LSD governance safeguards and TWAP execution design. Co-authors: @Ericonomic (Supercexy), @CalebAndersDev (Flowdesk), @CFrugho, @0xHakai_ (Three Sigma), @FSobrini (Chorus One) and @HansonBirringer (FlowDesk). This post is also available in the Governance section of the Hyperliquid Discord channel. The full research version is available here: docs.google.com/document/d/1Nf… Feedback, questions and governance discussion are welcome.
