A new elite has arrived! Introducing: the President and the Vice President
Planet A-LGC-Z1 will have its own currency, its own governance, its own symbol, and its own collection of creatures.
An IDO will be made in BMON to raise the initial funds to create the Z1-BEP Liquidity pool against BMON. There will be no contribution limit per address. You can contribute all the BMON you want.
The owners of the 2 accounts that contribute the most to the foundation of the planet will be proclaimed PRESIDENT AND VICE-PRESIDENT OF THE PLANET A-LGC-Z1
ThePresident and Vice President will be rewarded as follows:
President: 10% of the total supply
Vice President: 5% of the total supply
These tokens will be released on a 6-month vesting period (locked with team finances), in addition to their own tokens that they bought during the IDO.
The President and Vice President will be responsible for the Binamon Planetary Federation for the good Economic and Social health of their planet. They will decide with the Governance token Z1-BEP the economic policies, taxes, and working hours of the miners.
The success of the planet will be closely watched by the Binamon Planetary Federation. Likewise, both the President and the Vice President will have 2 positions in the Binamon Planetary Federation.
The President and Vice President will decide:
• The name of the planet A-LGC-Z1
• The name of the Z1-BEP coin
• The symbol
• The planetary logo
In case they do not agree with each other, they may ask the Federation for their vote - in that case, there will be 3 total votes that will end the tiebreaker (only in case they do not agree on their own).
The President and the Vice President may also apply tax rates to their workers, which will be used at their discretion to grow their global economy.
The Binamon Planetary Federation will provide all the technological, marketing and influence tools to make the planet a success!