What type of ruler had feudalism?

Feudalism was characterized by a decentralized system of governance where power was held by local lords rather than a centralized monarch. In this system, a king or sovereign at the top granted land to nobles (lords) in exchange for military service and loyalty. These lords then governed their own territories, often granting portions of their land to vassals in a similar manner. Thus, feudalism involved a hierarchy of rulers, including kings, lords, and vassals, with each level having specific rights and responsibilities.