Hedera Hashgraph is a public, open source, proof-of-stake network created by a team led by co-founders Dr. Leemon Baird and Mance Harmon. HBAR is the native, energy-efficient cryptocurrency of the network, used to pay application transaction fees and protect the network from attack. The network achieves 10,000 HBAR cryptocurrency transactions per second, with transaction fees of around $0.0001 USD. Staking HBAR can earn a maximum of 6.5% APY. Dr. Baird is an award-winning cryptographer and computer scientist who co-founded Swirlds, and Mance Harmon is a serial entrepreneur, engineer, and technologist. They have transitioned to Swirlds Labs, where they will continue to participate in the Hedera ecosystem.