I am a ten letters word
The first four letters have the power to rule,
Next, four-letter can be eaten.
The next three-letter represents a lady.
I can fly as well
A worker is to perform work for you for seven straight days. In return for his work, you will pay him 1/7th of a bar of gold per day. The worker requires a daily payment of 1/7th of the bar of gold. What and where are the fewest number of cuts to the bar of gold that will allow you to pay him 1/7th each day?