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
- 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?
Related articles
- Who owns the coins in the treasury?
- What are the requirements from the Council members, i.e. how much of an obligation do they sign on for?
- How are Council members selected?
- Is there a limit to the number of companies from any one industry that can be on the Council at any given time?
- Can the Council freeze an account or roll back a transaction?
