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On behalf of the DeWi and broader Helium community, I'm happy to label this HIP as "community approved."
This comes in recognition of:
HIP author @PaulVMo has also written the first draft of actual code because he is awesome! That PR is helium/blockchain-core#922 and is undergoing review by the core development team. Please follow that issue for updates; when it is merged or rejected I'll try to update here.
Please note that community approval of a HIP and the development, review and deployment of live, functioning code are two distinct processes, and the core devs drive on the latter.