Hedera is governed through a limited liability company (LLC) agreement, a legal agreement to which all Council members are a party. The LLC agreement includes voting thresholds for various Council actions. The plan is to make the key terms of the LLC agreement publicly available after more companies have joined the Council and when we no longer expect material revisions to the agreement.
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Articles in this section
- Will the Hedera Council provide an additional grant to the HBAR Foundation in connection with the previously announced leadership changes?
- 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?