Dawn Spider

It's July.

The red-headed termite kingdom continues to send troops to clear out the malevolent spirits that emerged in the rainforest north of Ivory Island after the fog surge.

All kinds of high-quality evil spirit meat are continuously transported to Dafengshan Square.

With an abundant and high-quality food supply, the round purple flame spiders molt and grow rapidly. The first batch of bred flame spiders reach the fifteenth and sixteenth instars, with a leg span of 14 to 16 centimeters, and are beginning to become adults.

Jin observed secretly.
Many of the more aware little flame spiders began to pair up, either foraging in the plaza or wandering all over the mountains.

Barring any unforeseen circumstances, a large number of naturally reproduced second-generation Flame Spiders will be born in March, April, or May of next year.

...

There were few transactions or anything else happening in July, August, and September.

Kim, after careful consideration, deemed the proposal put forward by Yin to conduct lending business on Ivory Island feasible.

You can start by promoting loan services to insects with whom you have a good relationship and a cooperative relationship for processing the divinely bestowed seed.

The inventory of Wood and Lightning-type Divine Force Foods in Shanglu Mall is somewhat overflowing.

Therefore, the primary target for loans should be Zerg warriors who have awakened Wood or Lightning talents.

Jin returned to the termite kingdom, rested briefly, and then set off again with Red Fang and Big Wind.

First destination: Chiguo Mashan

The territory of the Black-banded Teethed Golden Tortoise tribe.

A tiny tribe that was dirt poor.

Of the seven Force Warriors in the entire clan, only the Lord of Guangye Mountain possesses a divinely bestowed seed of Guangye Winged Fruit.

However, the true gods of nature have treated them well. The Black-toothed Golden Beetle is a rare dual-talent race, possessing both wood and metal elemental potential in its genetic makeup.

However, one can only awaken one type of talent. When breaking through to evolve into a Mountain Lord, one will randomly awaken either the Wood or Metal type.

The Lord of Guangye Mountain happens to have awakened the Wood-type talent.

During our cooperative transaction and conversation, I learned that the Lord of Guangye Mountain is already over ninety years old, and will soon be a hundred-year-old lord, yet he is only six years old at present.

It was lucky; it has already mastered two abilities.

During the previous Wood Spirit Calamity at the Cyathea Mountain Ruins, I obtained many Wood Beads and absorbed a large amount of their special Wood-type energy.

The Lightleaf Mountain Lord has been stuck without evolving, so he plans to eat more divinely bestowed food and try his luck.

If a 6-year-old evolves into a 7-year-old, breaks through a minor realm, and then comprehends a third ability, then evolving into a Bug King will no longer be a pipe dream.

Guangye Mountain Master is one of the best loan sales targets.

...

Vast rainforests, rolling hills.

The garden is quite distinctive, mainly composed of winged hemp, partridge hemp, sterculia, sal tree and six-winged wood.

A strong wind flew ahead, searching from the air, and quickly locked onto the Light Leaf Mountain Master who was busy tidying up the river channel in the forest. Its figure transformed into a streak of green and yellow light and accelerated its approach.

"Lord of Guangye Mountain!"

"Strong wind?"

The lord of Guangye Mountain responded with a hint of doubt: Why are you coming to me at this time of year? Is there something you want?
Dafeng spoke quickly, explaining, "Lord Guangye, hasn't Boss Jin been talking about his credit currency, bonds, and loans? Boss Jin has decided to first launch the loan business on Ivory Island, giving priority to warriors who have the opportunity to cooperate in processing the God-given Seed."

"Lord Guangye, you meet the loan requirements. We came here specifically to inquire and see if you need it."

"..."

The Lord of Guangye Mountain remained silent, instinctively on guard.

Jin has mentioned and demonstrated its credit currency, bonds, and loan business more than once. He also said that he opened a "shop" on the Twin Islands of Salad, which is filled with divinely bestowed food worth tens of millions, which can be purchased with credit currency.

That sounds wonderful.

However, based on years of cooperation and interaction, this little purple spider is greedy and cunning, not a kind creature, and not so good-hearted.

However, in recent years, Jin's reputation on Ivory Island has become too great. It is said that he has surpassed the three old insect kings, Xumi, Shizi, and Eshu, in terms of talent and wisdom, and made a fortune by excavating relics.

Presumably, a spider with such a great reputation wouldn't openly engage in fraud. Otherwise, the three old insect kings wouldn't have agreed and would have found an excuse to deal with it.

While being wary, the Lord of Guangye Mountain was also somewhat tempted.

"Lord of Guangye Mountain!"

"Greetings, Lord Guangye Mountain!"

Jin and Hongya ran over.

The other Black Belt Fanged Golden Tortoise warriors working in the forest noticed the strong winds flying high in the sky and sensed the commotion, so they gradually gathered around.

After a warm greeting,

Jin cut to the chase, saying, "Lord Guangye, as you've all heard, in recent years, I've unearthed some divine resources while excavating ruins. Therefore, the interest-bearing loan business I mentioned earlier can be piloted here on Ivory Island." Lord Guangye asked, "3% interest per year? That's too high!"

Kim said, “Loan customers can have priority to buy bonds. The interest rate on ten-year long-term bonds is also 3%, and you can earn back the interest in the future by buying bonds.”

Red Tooth chimed in, "Bond and lending businesses have been operating on the Twin Islands of Salas for many years. Everyone wants to buy bonds and earn interest, but no one wants to take out loans. But without insect loans, how can we issue bonds? In the end, bonds can only be issued in limited quantities, with priority given to insects with cooperative relationships."

Master Guangye: "Sounds good..."

This little spider named Red Tooth is also cunning.

The way those two spiders were talking was off; there was probably a trap they couldn't easily spot.

Lord Guangye hesitated and asked, "Jin, how exactly is the loan repaid? You won't keep adding interest to the loan interest, will you? If you do, I'll never be able to pay it off."

No. It's not compound interest.

With a thought, a spider silk pouch on Jin's back floated up, opened, and four sample loan contracts of different denominations floated out.

"These are loan agreements, available in denominations of 6, 12, 24, and 48, in small, medium, large, and extra-large amounts. Each agreement is separate, and the loan period is noted here..."

"For example, today is July 12, 18th year of the Pokeweed loan agreement as defined by our Sikui Mountain. The agreement will clearly record that the issuance date is July 12, 18th year of the Pokeweed loan agreement. If the repayment date is July 12, 10 years later, the repayment date is July 12, 28th year of the Pokeweed loan agreement, then the interest over 10 years will be calculated based on the face value of 60,000. The interest over 10 years will be 18,000, and you will need to repay 78,000 including principal and interest."

"For example, if it is repaid after 11 years, then the principal is 6, and the interest over 11 years is 7.98."

“After the loan agreement is signed, we keep it.”

“By repaying a certain amount of debt, we will repay the corresponding amount of the loan agreement, and you will also reduce your debt by the corresponding amount. You can repay it year by year according to your own situation.”

“In the future, once the loan is repaid, you can use the loan agreement to contact us to inquire about and schedule the purchase of bonds.”

As Jin explained, a thought crossed his mind, and another spider silk bag floated up from his carapace. He opened it, and four bond samples floated out.

"Bond contracts are also available in four denominations: 5, 10, 20, and 40, corresponding to loan contracts."

“A loan agreement with a face value of 6 can be used to reserve the purchase of bonds worth 5. A loan agreement with a face value of 12 can be used to reserve the purchase of bonds worth 10, and so on.”

Master Guangye discovered something fishy: "The limit has been reduced!"

Jin said, "Slightly lower."

Master Guangye asked, "Jin, I remember you said before that bonds come in two types: 5-year and 10-year terms? But if I take out a loan, it might take me twenty years to pay it off."

Jin explained in detail: "First, the bonds purchased using the loan agreement are all 10-year long-term bonds; second, you don't borrow a large amount at once, but rather in batches and at different times, with maturities of 7, 8, and 9 years, and then repay them in batches and at different times; third, I have some divinely bestowed resources in reserve, and I use the difference to lend out my divinely bestowed resources to earn interest."

Jin said, "Mount Guangye, do the math. Even if it's a 10-year bond, the actual interest you pay for your breakthrough evolution through borrowing is reduced to below 1%, isn't that right?"

"This is already a great deal. If you break through to the Evolution Lord level a year earlier, how much will your Light Leaf Wing Fruit and Divine Gift Seed increase in profit accordingly? No less than 10, right? Overall, you've made a huge profit."

"I also make a small profit from it, but this profit comes from your accelerated breakthrough to the Lord level and the increased production of the Divine Seed of Life."

"I understand... I can understand that..."

The Lord of Guangye Mountain looked suspicious and hesitated before saying, "Then, give me some first? I'll borrow 6!"

"Forehead……"

Jin choked quite badly.

6?
After all that rambling, did you really not understand anything?

Seeing this, Red Fang asked, "Mountain Lord Guangye, how many more resources do you need to break through to the 7th stage of evolution?"

Lord Guangye said, "I'm about 6 short. Next year's trading season, I'll exchange the divine-given winged fruit seeds I harvested this year for the divine-given primal force food I need. That should be about right. I only need 6 more divine-given resources to break through."

"Um... I see~"

Hongya said, "Okay, I can borrow 6 first."

Jin said, "Lord Guangye Mountain, you can sell us the Divine Winged Fruits and Hemp Seeds produced this year at the same price. Then you can buy the resources needed for evolution and growth from our shop. You don't need to wait until next year; you can start preparing for the 7th-year evolution now."

"That's not bad~"

After hesitating for a moment, the Lord of Guangye Mountain made up his mind and called out, "The things are on the mountain. Jin, I will take you up the mountain to get them."

We walked up the mountain together, talking as we went.

Jin continued his sales pitch: "Mount Guangye, after your 7th age, you can take a three-year rest period and then apply for another loan from us to quickly evolve to the 8th age. After another three-year rest period, you can apply for another loan from us to quickly evolve to the 9th age..."

Lord Guangye agreed, "No problem. I understand. As for the specific loan amount, I have time to study it carefully and consider it..."

...

...

Jin drafted a loan agreement for 6 yuan on-site and guided Guangye Mountain Master to imprint his mental power on it.

Pack it up and hand it over to Dafeng.

A strong wind carried the divinely bestowed winged fruit and the contract to Mount Silk Sunflower to find silver to settle the matter.

It took a whole day.
The first formal loan transaction for Ivory Island has been successfully completed. (End of Chapter)