Strategic Investment: Hedera Network allocates $408 million worth of HBAR, its native cryptocurrency, to propel development and decentralized governance.

Governance Empowerment: The Hedera Council greenlights 4.86 billion HBAR for advancing both network development and decentralized governance.

Initiative Boost: A significant portion of the allocation, 4.248 billion HBARs, will drive ongoing initiatives, including support for the HBAR Foundation and Hashgraph Association.

Operational Sustainability: 614.06 million HBARs dedicated to covering operational costs and compensating early SAFT buyers, ensuring the longevity of the ecosystem.

Collaborative Leap: Hedera and Algorand Foundations unveil the DeRec Alliance, pioneering a decentralized recovery system for digital assets, aligning with traditional Web2 experiences.