# [HIP-39] Community Multisig Refill (3)
The Hop Community Multisig has continued to distribute payments for the Hop DAO to delegates, multisig signers, bonders, and AMM reward contracts (liquidity incentives).
Per HIP-15, this distribution, as well as future distributions to refill the multisig will be refilled via on-chain governance vote every other month.
HIP-18 proposed refilling the HOP community multisig with approximately 4 months of supply. Part of that proposal was to bypass the forum RFC and go straight to snapshot for subsequent refills, assuming there is no material changes to the structure.
Here is the community multisig (https://app.safe.global/balances?safe=eth:0x60224984338DeDe521C56DEE7a09e446A5a163f4) . This should be refilled with HOP to provide 4 months runway under the same logic as HIP-18.
# [HIP-38] Treasury Diversification
### Summary
Sell 50% of Hop DAO’s ARB holdings (837,007 ARB) for USDC. This should raise approximately $686k for Hop DAO at current prices (~$0.82).
### Motivation
Hop DAO will need stablecoins to cover ongoing expenses. This sale would be an initial step toward the broader goal of treasury diversification.
### Execution
Before an onchain vote, a deployment of the Hop Community Multisig should be deployed on Arbitrum. The onchain execution of the proposal will send a message through the Arbitrum messenger to trigger a transfer of the ARB currently in the Hop Treasury alias 6 address to the Community Multisig. The Community Multisig can then complete the sale in a series of transactions.
### Voting Options
Sell 50% of Hop DAO’s ARB holdings for USDC
No action
Abstain
# [HIP-30] HOP Airdrop Sybil Hunter Distribution
`Authors: @shanefontaine`
# Overview
When the Hop DAO was launched, Sybil hunters submitted reports that ultimately removed Sybil attackers from the HOP airdrop, resulting in the DAO keeping almost 3.5 million tokens that would have otherwise been in the hands of Sybil attackers. Per the Hop DAO introduction post, this proposal seeks to reward these Sybil hunters with 25% of the saved tokens now, a year after the start of the DAO.
Beyond the direct benefits of token recovery, the Sybil hunters also contributed to promoting the DAO in indirect ways. Both the SAFE airdrop and the Arbitrum airdrop adopted elements of Hop’s airdrop design as a result of the hunters’ effort and innovation, thus validating and enhancing the DAO’s influence. Each of those teams specifically called out Hop as inspiration during their airdrop process.
# Specific Details
Total tokens to distribute: 869,566.51
Total recipients: 35
Distribution method: The DAO will send funds to an OpenZeppelin PaymentSplitter contract that allows the addresses to claim tokens sent to the contract. The address of the verified contract is 0xD62524e1Bd146AB1a8e3D03ea8646870E3684fEe . The contract claim start time will be Fri Jun 09 2023 10:48:36 GMT+0000, which is the same start time as all of the HOP vesting contracts created at the beginning of the DAO’s lifetime.
# Next Steps
Based on the process defined in HIP-13 , this RFC will move from the forum to a proposal on Snapshot and subsequently onto Tally, assuming consensus is reached at each stage.
# References
* [Hop DAO introduction post](https://hop.mirror.xyz/AI5fOUR0X_l0mktShDOx3mwr-hsB24gp8GvTWtS-MBc)
* [Sybil hunter submissions](https://github.com/hop-protocol/hop-airdrop)
* [Twitter overview thread](https://twitter.com/WhinfreyChris/status/1525178626563420160)
* Distribution (table below)
```
Recipient Address HOP Amount
0x945D28dF9779795BDab5BC6FDD9f36c0Ef1F7190 93,050.37
0xBCCD7DF161C0d155D3E56D8C57Cc31C185217546 29,441.94
0xb33e018fd80466E46Cb0d52F46eA98105E7B53ec 6,955.00
0x61C1511D2645C1Fd1C5e71f07586d35779D85D79 9,715.53
0x0c31Fb1f6035402d61c6B4b0a5c2B62309fF763d 14,740.59
0x87122A072DaCF42bcCA5F4583fF08dEd2fb89176 13,821.37
0xa52AaF7da0156d2D30a310aFe6f084a0DA9cEE54 6,724.63
0x400aBc3DAE98Ec5aEEF2681b40D4CEd0A5aff934 106,850.36
0x414DD753dEa0c34f83695Cea8FdD38d734E49b4E 17,335.98
0xFB7c1D49e006eaDdff2385c7eF8B0C5Cf49d038A 3,406.56
0x7d3f6048091aEdE6198736b8C6ac527c314e25ff 71,439.55
0x0A304d8B62488766b0B4004C6398F5f439c45afa 3,096.38
0x572Ae335AaC8F32DC1ac53B97Fe248C3c9B3aF77 4,397.15
0x0BE6FC06A0A605D006C6317E5b0383F6Fb1394F1 51,826.21
0x68C589fAb487f2F100d0380Fad9648263F2e7145 41,246.28
0x386f6B908640d9f394EF37bC1b8c3a4018fa3dB1 15,515.27
0x12FB89D601C674aeA4d91f92ABD30eB9bb57a95E 2,367.41
0x7D389CfcD35e2aE40599b2662040A32E1450E6D6 6,392.06
0x987ffC303bEa07c4aD724f2BA9800b1FDC6a7dB0 24,519.63
0x6147B20E2542137055C87E6d86C8af5bF8Fb515a 4,062.73
0xdaa2fAA20484ef193F4678a802cEa58750638B2A 39,163.63
0xF1e4FbbC580Fc71714EfA23F352E6A70eBe46D39 16,082.46
0x61bC799fD0EB6C791E1cF22E1e9908635444d5A6 48,662.07
0xab41733192b401c88f3c0e42cacab44365530fba 2,894.44
0xD47CB1835EB36e4A108C33E446449192426Fc160 136,043.68
0x7F5F2980A85B363BD9013593A3D8b4f7DB3781Fd 3,542.76
0x0fB267a11d0a4ee611a3A8Dc41147A5729276161 3,596.69
0x5c43B1eD97e52d009611D89b74fA829FE4ac56b1 13,983.16
0x93CbB09b82b429e0566D1ca3596515DDAeF1980A 8,816.78
0x516d03de90f3Df147861E8d8001c8EDc79d89Ce7 2,859.99
0x9bb82fbf10cF4959909BAB9bE07805bd1d28D04A 28,821.95
0x99EdCfb867E9772384f3b560fE360d1530d6740d 7,562.27
0x72153F1040BDfe6961bB73448f1AF265B2bFDf0b 7,157.50
0x5E14E0c2e39ae6d65e33D21edA41796f4db86d52 17,354.19
0x6a1AF72bBcfD0BA492E502F83334d3910Fa025dB 6,119.94
```
# HIP 18: Refill The HOP Community Multisig with Funds from the HOP DAO
```
[HIP-18]: Refill The HOP Community Multisig with Funds from the HOP DAO
[Author]: Shane Fontaine
[Snapshot vote]: https://snapshot.org/#/hop.eth/proposal/0x3e81e9581f48b150787a5160c3dfc65d4947ff4206e6cdca053d16da0bc60a77
```
###
### Proposal
The [HOP Community Multisig](https://etherscan.io/address/0x60224984338dede521c56dee7a09e446a5a163f4) has efficiently distributed payments for the HOP DAO since its inception. These distributions have been made to [delegates](https://snapshot.org/#/hop.eth/proposal/bafkreic3hu4fhna7lfyecwvvasfqccygzhpkvw2zu4mihzglccwa5om6ii), [multisig signers](https://snapshot.org/#/hop.eth/proposal/0x15937d80591ed226743226721d236e8c9190461521c866f18a45cb9703773a22), [bonders](https://snapshot.org/#/hop.eth/proposal/bafkreicliwx2wt4rnjbappi4yyk4z2qrh224guatw7z3uo3wwh7ruekeee), and [AMM reward contracts](https://snapshot.org/#/hop.eth/proposal/bafkreicliwx2wt4rnjbappi4yyk4z2qrh224guatw7z3uo3wwh7ruekeee) (in the form of liquidity incentives).
The multisig initially received [20,000,000 HOP](https://etherscan.io/tx/0xa2bbae45a9a184e4555c72faa8ac2b75380511b32a2880945adb0c0362473f1b) during the creation of the tokens and many of these have been distributed into circulation. The complete breakdown of the distributions to date are below:
The HOP Community Multisig now has 6,157,401.72 HOP tokens available, or about 2 months of supply. At the current run rate, approximately 2,941,299.13 HOP is distributed each month, which equates to approximately 3.53% of the total HOP supply each year.
This RFC hopes to achieve consensus that the HOP Community Multisig should be refilled at this time in order to continue efficient distributions from the HOP DAO into the hands of HOP stakeholders.
### Actions
If consensus is achieved, this proposal will send 11,765,196.52 HOP from the HOP DAO to the HOP Community Multisig. This number represents roughly 4 months of distribution and approximately 1.16% of the total HOP supply, capping the liabilities of the HOP Community Multisig.
Per [HIP-15](https://snapshot.org/#/hop.eth/proposal/0x6b5136469fd7b1478c0e10b95e30e8645a1cea8bb49cabeed59a312264b518f0), this distribution, as well as future distributions to refill the multisig, will target approximately 4 months worth of DAO expenses, refilled via on-chain governance vote every other month.
The calculation of 11,765,196.52 HOP was achieved by looking at the cumulative distribution of the prior two months and using that to approximate the next 4 months’ expenses. Any major, forward-looking changes, such as newly accepted & forthcoming distributions or the ending of incentive programs, should be taken into consideration when calculating this number for future refills.
Should the RFC be widely accepted, a delegate will conduct a temperature check on Snapshot and a subsequent on-chain proposal. If there are no material changes to the structure, future refills of this nature will bypass an RFC and proceed directly to a Snapshot vote.
The [Snapshot vote](https://snapshot.org/#/hop.eth/proposal/0x3e81e9581f48b150787a5160c3dfc65d4947ff4206e6cdca053d16da0bc60a77) has passed, and now the proposal moves to a Tally vote to be executed on-chain.
```
Voting Options:
* Yes
* No
* Abstain
```