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Countries in CoinRepublik are run by players, who have the power to propose and modify laws. Only premium citizens can propose new laws. A tax or bonus law changes its target by a percent of its current value: a single law may raise it by up to 100% or lower it by up to 50%, and the system computes the resulting value—taxes stay whole percentages (capped at 25%) and bonuses are kept to a maximum of 4 decimals. Three treasury laws act on the state budget itself rather than on a rate, all at the live market rate and with no fee: one converts up to 100% of the budget's gold into national currency, another converts up to 1% of the budget's national currency into gold per day, and a third sells every foreign national currency the treasury holds for gold. That last one is a different law from selling the country's own currency: it carries no percentage cap and no daily cooldown, because a state can always raise more of its own money by taxing its citizens while foreign money is finite war spoils it cannot print. It is offered only while the treasury actually holds foreign currency. When a new law is proposed, citizens vote on it for 24 hours. Voting power is not equal and depends on the population of each player's town—e.g., a player with 70 citizens has a voting power of 70, while a town with 25 citizens has a voting power of 25—and every citizen whose account is at least one week old is eligible to vote, whatever their level, town size or membership. For a normal law to pass, at least 10 different citizens must vote and the YES side must end up holding more voting power than the NO side. There is no percentage to reach: a lead of a single point is enough, and if the two sides finish exactly level the law does not pass. If fewer than 10 citizens vote, the law is rejected—unless the proposer is a VIP member, in which case the law passes automatically even with no votes, unless the citizens who did vote reject it. Once a tax or bonus is actually changed by an approved law, that same target is locked from any new change for 30 days; if a proposal is rejected instead, the target is locked for only 5 days before it can be proposed again. This system ensures that player influence is proportional to their population, creating a balanced political structure. In addition, VIP members hold one special executive power: a VIP may instantly approve or veto a single law that is currently in voting in their own country, settling it immediately — without waiting out the 24-hour vote or reaching the 10-voter quorum — but only once every 7 days, after which the power recharges. This is the only exception; every other rule above, including the quorum, stays exactly the same.

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Buy Back Treasury Bonds

Buy back up to 125 treasury bond(s) from the market and destroy them

Proposed by ROIrado88 · 5 days

Approved

What this means

This law spends the state budget to buy back up to 125 treasury bond(s) from citizens on the market, cheapest listings first, and retire them — the bonds are burned, not re-listed, so the daily coupon bill shrinks. The treasury never pays more than a bond's face value (0.4582 RON for a bond issued today; each older emission is capped at its own face). Listings priced above face are skipped entirely, and if nothing is on offer at or below face the law buys NOTHING — that ceiling is what stops anyone from listing a bond far above par and making the state pay it. It is blocked while the budget is in Excessive Deficit Procedure, and it can never spend more than the budget holds or buy more than the market is offering, so a passing law buys back what it still can.

Credit rating: A (Upper medium). Bonds listed by players right now: 412, of which 0 priced at or below face and therefore eligible. State budget: 2,999.60 RON. The exact number bought back depends on the budget and what is on sale at or below face when the law passes.
100% (1675 pts) 0% (0 pts)
Approval needs more YES points than NO — a single point decides it
Yes Votes
14
Yes Points
1675
No Votes
0
No Points
0
Participation 14 / 10 voters
A law needs at least 10 voters, and then more YES points than NO, or it is rejected.
Approved
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