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
Articles in this section
- 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?
- Who serves on Hedera’s Board of Directors?
- How does Hedera address perceived or actual conflicts of interest between Hedera and individual Council members?
- How does the Council divide its governing responsibilities?
- How are Council members selected?
- Who owns the coins in the treasury?
- Did Council members buy their membership in Hedera? If so, at what valuation?
- Are council members required to build applications on the network?
- I saw a Tweet claiming the Hedera User Group “leaked” Council Member email addresses. Did that happen?
- Is there a whitepaper detailing Hedera's HBAR economics in detail?