Membership in Hedera Hashgraph, LLC represents pro rata ownership of the limited liability company for the term of membership. Members become party to the LLC’s operating agreement, which confers ownership and associated rights and responsibilities, including the right to vote on key governance matters. However, that ownership interest in Hedera Hashgraph, LLC does not represent traditional equity interests or ownership of hbar coins. As discussed elsewhere, a membership interest in Hedera does not provide its holder with any economic rights to profits or proceeds upon a sale of Hedera Hashgraph, LLC or with any individual ownership of the hbar coins held in Hedera’s treasury account
- Categories
Articles in this section
- Who can serve on Hedera’s Board of Directors?
- What happens if a Director’s employment status or affiliation with a Council member changes during the Director’s term?
- Are Hedera Committee Chairs required to be affiliated with Council members?
- Why did Hedera create a new role of President, and what does it mean that Brett McDowell is now the Chair and President?
- When will the payments be made from Hedera to Swirlds Labs, as part of the previously announced outsourcing agreement?
- Board Compensation at Hedera
- How would Hedera comply with a Government sanction?
- Can the Council freeze an account or roll back a transaction?
- Can Hedera pursue Central Bank Digital Currency Initiatives?
- How does Hedera address perceived or actual conflicts of interest between Hedera and individual Council members?