To be the best leader, you must also be the strongest leader!

Chapter 2029: Subsequent opening of savings business

"We will continue to improve your cultivation environment to make your practice easier, but the prerequisite is that you must abide by the rules we set."

"It won't be long before a great beast tide arrives. Now is a good opportunity to improve your strength. I hope you all don't miss it."

"Okay, that's all for today. If you want to know more, please check the announcement."

The Lord of Beidou Star did not waste too much time. After explaining everything, he put away the Human Emperor Flag and disappeared in a flash. Soon, some other top powerhouses of the Tianxing Sect also disappeared.

Although they left, the storm has just begun.

Today, a large number of cultivators have gathered in the largest cultivation city controlled by the ten top forces of the Righteous Alliance in the entire Wanling Continent. They just took this opportunity to announce some things and maximize the impact of this matter.

"Hurry up and line up at Qingyun Bank!"

"Let's go! Hurry up, there will be a lot of people tomorrow!"

"Great, now get in line!"

“I wonder what a grand occasion tomorrow will be!”

"Where is Qingyun Bank in Tianxing City?"

"The pressure on Qingyun Bank in Tianxing City will definitely be huge tomorrow. I'd better hurry up and go to another cultivation city to queue up!"

……

Although Qingyun Bank will open tomorrow, these monks have already decided to line up today. They all know that once it opens, there will be a lot of monks applying for loans.

At this time, Tianshu Star Lord and his men had brought all the Jindan stage cultivators to a spacious hall. The entire hall was filled with all the Jindan stage powerhouses of the Tianxing Sect, a total of seventy-two people.

Several top-level masters who had reached the Great Perfection stage of the Spirit Transformation Stage sat at the top, while the rest of the Spirit Transformation Stage cultivators sat below.

Tianshu Star Lord took a quick look and then slowly spoke, "After so long of preparation, it's finally about to begin. From now on, the entire landscape of the continent's cultivation world will undergo earth-shaking changes."

"I really don't know what kind of scene will unfold after tomorrow." Tianquan Star Lord looked expectant.

Beidou Star Lord also had an expectant expression on his face. "Although the network hasn't been established yet, the opening of Qingyun Bank signifies the beginning of a new era of immortal cultivation. To avoid causing chaos, the personnel must be in place as soon as possible."

"Immediately notify the inner disciples who have been assigned to their positions. They must ensure the safety and stability of Qingyun Bank for the foreseeable future. Absolutely no problems can occur."

"We have also notified all major shops that they must fully cooperate and abide by the sales rules that were previously established."

……

The Lord of Beidou Star began to make arrangements, and the responsible persons below naturally cooperated fully to notify the Tianxing Sect disciples below to be prepared.

In order to ensure that nothing goes wrong this time, the Tianxing Sect has sent out all of its inner disciples and core disciples, who are now stationed in Qingyun Bank.

They also have their own shops, and monks are stationed there.

The other major forces have also made similar arrangements, sending out their disciples and making basic arrangements.

"Brother Beidou, the total assets of our entire Qingyun Bank are estimated to be only one trillion. Is it really okay to offer such a high loan amount now?" Star Lord Yaoguang looked at Star Lord Beidou with some concern.

"Yes, although one quadrillion, the valuation of the entire Qingyun Bank, seems to be a lot, there are also many cultivators in the area we control. Once this loan business is opened, I'm afraid all the cultivators will apply for loans. Is one quadrillion really enough?" Kaiyang Star Lord was also a little worried.

"Hahaha, you two junior brothers are worrying too much. You haven't figured out the operating model of Qingyun Bank. Although Qingyun Bank's total valuation is 100 trillion, it doesn't mean we can only lend out 100 trillion. What we lend out is Qingyun Coin, a virtual credit currency. There won't be any problems with appropriate over-issuance."

"Virtual credit currency? What is this?" Kaiyang Star Lord looked puzzled.

"Junior Brother Kaiyang, if you have time, you can study Qingyun Sect's books on finance. This is a new kind of knowledge and it will surely open your eyes."

"And Qingyun Bank's business isn't just about lending. It also has a crucial deposit-taking business. All cultivators can exchange their resources for Qingyun coins and store them in their accounts. Qingyun Bank will reward them with interest."

“Although the interest rate on storage is much lower than the interest rate on lending, it is still very attractive to the outside world. After all, many resources will not generate value if we keep them ourselves.”

"Except for some precious resources that need to be kept on you, the rest can be exchanged for Qingyun Bank and stored there, generating interest."

"An ordinary cultivator may not have many resources, but if a cultivator in the Nascent Soul stage or the Spiritualization stage converts their resources into Qingyun coins and deposits them in Qingyun Bank, they can actually generate a considerable amount of interest every year."

"If a family, a sect, or a business alliance deposits a large amount of funds into Qingyun Bank, the annual interest generated will be very considerable."

"The entire Qingyun Bank has the credibility endorsed by the ten major forces of the righteous path and the Qingyun Sect, so it can be trusted. However, regarding this matter, we also need to set an example."

"Qingyun Bank currently needs to focus all its energy on its loan business. All its deposit services have not yet been publicized or opened to the public. We will wait until the loan business slows down before opening up the deposit business. That way we can handle the busy schedule."

Kaiyang Star Lord's eyes flickered. "One for deposits, the other for loans. Isn't this a cycle? Could it be that the fundamental operation of Qingyun Bank is to absorb deposits from the immortal cultivation world and pay deposit interest, then use this deposit to lend money and collect loan interest, profiting from the interest difference?"

"Hahaha, it looks like Junior Brother Kaiyang has figured it out. Yes, this is the fundamental operating rule of Qingyun Bank. Now you shouldn't be worried anymore, right?"

Kaiyang Star Lord was a top-tier expert at the Great Perfection of the Spiritual Transformation Stage. He figured things out with a single thought. After seeing the true nature of Qingyun Bank, he couldn't help but praise it, "The design of this Qingyun Bank is truly brilliant. This Sect Leader Sun is truly a genius, to have come up with this kind of business model."

Tianshu Star Lord nodded and said, "Yes, this Qingyun Bank will completely change the way of cultivation in the world of immortal cultivation. The benefits it will bring are unimaginable, but there are also great risks."

"The Demonic Alliance will definitely get the news. As long as they're not stupid, they'll definitely see through the mysteries of Qingyun Bank. So we must send more people to the border to prevent the Demonic Alliance's demonic cultivators from causing trouble."

"Brother Tianshu, the operating model of Qingyun Bank is not complicated. What if the Demonic Alliance imitates us?" Star Lord Kaiyang looked at Star Lord Tianshu with some concern.

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