Posted Sat, May 12, 2012 by Martuk
Registration will remain open until May 25th. Voting will begin on the same day for players to select the new vanarchs and conclude on June 1st, at which point the elected vanarch will begin their three-week rule as the first ruling bodies of TERA. Vanarchs will have the option to set and collect taxes from vendor shops for the province as well as open specific specialty vendors and gain fame for their guild.
Are you looking to run for office? Check out the official announcement for all the details.
Source: TERA Inaugural Election Details

1
Doesnt this mean that the player who gets elected will be insanely rich?