Council  Hero

Meeting minutes for the Hedera Global Governing Council

Minutes are posted within 30 days of approval by the Council, typically a few weeks following each subsequent Council meeting.

Transparent governance

Meeting records are immutable, recorded on Hedera using ProvenDB.

Date Posted

April 12, 2023

The Council members approved the COFRA Group as the 29th Council member and the March 8, 2023 meeting minutes and voted to form the Marketing Committee, contingent upon Council’s election of two Marketing Committee Co-Chairs, and approved the Marketing Committee’s charter as presented at the meeting.


March 8, 2023

The Council members approved the February 8, 2023 meeting minutes and a revised charter for the Regulatory & Policy Committee.


February 8, 2023

The Council members approved the January 11, 2023 meeting minutes.


January 11, 2023

The Council members approved the October 8-9 and December 14, 2022 meeting minutes and the formation of a group of no less than five Council members—all of whom must be unaffiliated with current Directors—to clarify service level requirements in the Hedera Director Compensation Plan.


December 14, 2022

The Council members approved the allocation of transaction fees (80% to a Hedera account to cover operating expenses, 10% to a staking rewards account, and 10% to a node rewards account) and voted to approve Dell Technologies as the 28th member of the Hedera Governing Council.


October 8-9, 2022

The Council members approved the September 14, 2022 meeting minutes, directed the Technical Steering & Product Committee not to approve HIP 498 and to investigate alternative implementations of the feature, and approved the Open Source Task Force’s recommendation for (i) an open source project scope focused on the Hedera mainnet implementation and complementary projects and (ii) an open source governance structure based on a Linux Foundation/Cloud Native Computing Foundation model.

Dubai, UAE

September 14, 2022

The Council members approved the July 13, 2022 and the August 10, 2022 meeting minutes and the proposed Board Compensation Policy.


August 10, 2022

The Council members approved the June 10, 2022 meeting minutes, the appointment of Bill Miller as co-chair of the Membership Committee, Rich Widmann as co-chair of the Legal & Regulatory Committee, and Saiprasad Raut as co-chair of the Corporate Utilization Committee, and providing compensation to Board members for their service in 2020 and 2021.


July 13, 2022

The Council members approved the transfer of 2.35 billion hbars from Hedera’s Treasury to staff-controlled administrative accounts to be able to meet potential coin distribution obligations.


June 15, 2022

The Council members approved the May 11, 2022 meeting minutes and authorized CoinCom to select and adjust staking settings, provided at least 5 Council members vote to approve the settings.


May 11, 2022

The Council members approved the April 20, 2022 meeting minutes and extending the current three Board Director terms through December 31, 2022.


April 20, 2022

The Council members approved the March 9, 2022 meeting minutes and a revision to the February 26, 2020 meeting minutes.


March 9, 2022

The Council members approved a hbar compensation program for Board members, Committee chairs, and transaction signers; the charter for the Corporate Utilization Committee; and extending the voting period for the amended LLC agreement.


February 9, 2022

Council members approved the development of a permissionless staking rewards model and updates to the Committee Policy and delegated authority to the Chair to implement the policy.


January 12, 2022

Council members approved the minutes from the Council meeting held on November 17, 2021 and authorized the Board to finalize and approve the minutes from the Council meeting held on December 21, 2021.


December 21, 2021

Council Members approved the reorganization plan for further decentralization that was presented at the meeting and directed the Hedera Board to (i) proceed with finalizing an IP Purchase Agreement with Swirlds to purchase the hashgraph IP and (ii) oversee the process of publishing the hashgraph code under an Apache 2.0 open-source license.


November 17, 2021

Council Members approved minutes from the September 14, 2021 Council meeting and approved extending the terms of current Board members and Committee chairs for up to 6 months.


September 14, 2021

Council Members approved the minutes from the Council meeting held on July 14, 2021 and discussed technical, regulatory, and adoption developments, including ecosystem grants and environmental, social, and governance use cases.


July 14, 2021

Council members allocated 10.7 billion hbars from the Hedera Treasury for ecosystem development, including earmarking up to 5.35 billion hbars and fiat to the HBAR Foundation, an independent foundation that will make ecosystem grants. The Council members also approved the allocation of 4.4 billion hbars for Hedera's H2 2021 budget.


May 12, 2021

Council Members approved dissolving the Marketing Committee, the minutes from the Council meeting held on March 10, 2021, and certain minor amendments to the Hedera LLC Agreement and Committee Policy as presented at the meeting.


March 10, 2021

Council Members approved changes to the Hedera Pricing Plan to increase the typical account creation fee from $0.01 to $0.05 and approved the Hedera User Group Policy.


January 13, 2021

Members reviewed the Hedera Pricing Plan, the Hedera Technical roadmap, Hedera's 2020 KPI metrics, and the three-year budget and fundraising terms.


November 4, 2020

Members reviewed technical milestones, KPIs, regulatory posture, use cases, Hedera's LLC agreement, stablecoin network implementation, and technology roadmap, including the Hedera Token Service.


September 2, 2020

Members reviewed Hedera's LLC agreement, KPIs, network services, incentive programs, and regulatory stance.


June 3, 2020

Members reviewed Hedera's roadmap, software updates, and additional fundraising terms.


February 26, 2020

Members passed a motion to approve the reallocation of 1 billion hbars to a community incentives program.

Richardson, TX

December 11, 2019

Members reviewed network utilization incentive strategies, 2020 platform features, roadmap, and market validation, and discussed token economics and SAFT holder relations.


October 10, 2019

Members reviewed open access launch (successes and challenges) and departmental updates.


September 10, 2019

Members reviewed Hedera strategy and competitive landscape, departmental updates, and voted on nominations of co-chairs for each committee.

London, UK

May 17, 2019

Members reviewed the Council’s core governance structure, selected Committee co-chairs, and discussed meaningful use cases being collected from the community.

New York, NY

February 19, 2019

Members recognized the establishment of the Council and the initial meeting of the Members.

Seoul, South Korea

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