The Hedera Hashgraph HBAR Ecosystem Has An Expansion Budget Of $4.5 Billion

Hedera Hashgraph price today is $0.389106. this week, the figures increased by 14.4%. Hedera Hashgraph is expected to contribute to the growth of its ecosystem by creating a special fund for expansion with a budget of more than $4.5 billion or 20% of the total token supply. Hedera hashgraph will expand its ecosystem with a budget of $4.5 billion. The Governing Council recently announced that it has allocated 10.7 billion HBAR, Hedera Hashgraph’s own token, to finance the growth and expansion of the ecosystem.

According to the official statement, the amount of about $ 4.5 billion at the current market price ($0.42) is 20% of the total token supply. According to the Hedera council, half of the money has already been allocated to the newly created independent fund HBAR. According to the statement, the remaining half of the funds currently held in Hedera Treasury accounts will be used to finance cooperation and other ecosystem creation activities. The Foundation will oversee the administration and growth of the Hedera ecosystem by providing grants to developers, entrepreneurs and other organizations to extend the network to products such as DeFi, NFT, CBDC and iGaming.