Hipo Fund Report — August 2025

August 1, 2025

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📌 Overview

Since our Opening Stats Report in April 2025, the Hipo Fund has continued to grow through staking rewards. During this period, we also purchased HPO on the market to support its price and benefit HPO holders. Additionally, we received a significant allocation from Season 2 Claim, further strengthening our position in TON-based assets.

The Hipo Fund remains fully transparent, DeFi-native, and focused on supporting the long-term sustainability of the Hipo ecosystem and the HPO token.

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💰 Fund Summary

• Initial Capital (April 18, 2025): $186,963.96
• Current Capital (August 1, 2025): $227,434.64
• HPO Purchased: 2,018,028.82 HPO
• Paid for Purchase: 6,907.61 hGRAM
• Growth: +$40,470.68 (+21.64%)
• Addition: 9,147.33 GRAM from Season 2 Claim (converted & staked into hGRAM)

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📥 Key Activity This Period

• Season 2 Claim: Added 9,147.33 GRAM to the fund.
• HPO Buyback: Purchased 2,018,028.82 HPO using 6,907.61 hGRAM to support the HPO price.
• Continued holding core strategic positions in hGRAM, stablecoins, and HPO.
• No major reallocations — maintaining a long-term, low-risk posture while preparing for governance-driven decisions.

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🔸 Portfolio Allocation (as of Aug 1, 2025)

Asset	Amount	Allocation	Value (USD)	Notes
hGRAM	36,677.16	59.83%	$136,076.81	Staked GRAM from Hipo (incl. new claim)
USDT	3,304.14	1.45%	$3,304.14	Capital preservation & liquidity
HPO	8,772,336.41	38.57%	$87,723.36	Governance & profit-sharing token
Other (GRAM)	95.75	0.15%	$330.33	Minimal direct GRAM exposure after conversion

Percentages are based on current market values.

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Portfolio Allocation Comparison

(Values in % of total fund)

Asset	April 18, 2025	August 1, 2025
hGRAM	59.59%	59.83%
USDT	1.77%	1.45%
HPO	38.64%	38.57%
Other (GRAM)	0.01%	0.15%

Percentages are rounded to two decimals and may not sum to exactly 100.

Correction, August 29, 2026

Both columns have been recalculated from the USD values behind them — April’s from the corrected opening table on the Hipo Fund overview, August’s from the allocation table above. The April 18, 2025 column previously read 59.55% (hGRAM), 1.77% (USDT), 38.95% (HPO) and 0.01% (GRAM), which summed to 100.28%. In the August 1, 2025 column, hGRAM was published as 59.82% and HPO as 38.58%, each 0.01 off the value its USD figure gives. No balances or valuations in this report have changed.

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Fund Capital Growth

• April 18, 2025: $186,963.96
• August 1, 2025: $227,434.64
• Growth: +$40,470.68 (+21.64%)

Note added August 29, 2026

The +21.64% figure above is the change in total fund value, not an investment return: it includes the 9,147.33 GRAM Season 2 claim contributed during the period. Excluding contributed capital, the fund returned approximately 4.8% over this period — a simple return on the opening capital, not a Modified Dietz figure. From the August 2026 report onward, Hipo Fund reports performance using Modified Dietz, which separates contributions from returns.

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🔮 Next Quarter Priorities

• Evaluate opportunities for low-risk DeFi strategies within the TON ecosystem.
• Prepare a community governance proposal for potential diversification into new assets.
• Continue compounding staking yields to grow the fund’s base capital.