Chapter 162 10x leverage
"Miss Summer Night, this is the remaining 3441 Moor, please check."
At the Whale Oil Exchange, Lin handed over a stack of crystals that looked like a contract to Summer Night. However, this crystal is not a contract, but the magic of 3441 Mol.
Just like contracts, magic can also be encapsulated in crystals, but since the establishment of the Moir Network by "Aether Exploration", everyone is used to transferring transactions through the Moer Net, and they rarely use the Moir encapsulated in the crystal anymore.
Summer Night took the crystal, nodded to Lin in thanks, and then got on the broom and flew straight to the abandoned factory where the new contract was usually tested.
She took the crystal she had just gotten out of the bag.
Six crystals with purple borders, each containing 500 magic powers.
Four pink-trimmed crystals, each encapsulated with 100 moles.
Four grey borders, 10 moles each.
A piece of white border, inside is 1 mole.
Summer Night felt the weight in her hands, and wondered if no one wanted to use the magic of encapsulation. However, she did this because she needed to find a place where there was no one and fill her cup with just more than the overdrawn amount.
She was finally ready to pay off her debts that were nearing maturity, and at the same time, she was going to try to make the number of moles in the cup positive, and since the supplementary terms of the "Soul Return" contract didn't say what the consequences would be, Summer Night decided it was better to be careful.
She picked out three 500 moles, one 100 moles, and two 10 moles from a stack of crystals, for a total of 1,620 moles, which happened to be only 2 moles more than the overdrawn amount of -1618 moles.
Then, she gave the Black Cat the remaining Crystal of Magic, as well as the three unsigned contracts.
"Xiu Ji, take these, go to a farther place and wait for me. If I'm a monster later, you're going to come and beat me back to where I was; If I die directly, then these demons will be my inheritance to you~" Xia Ye said seriously and half-jokingly.
The black cat nodded: "Good luck, master, although you are not very good, but this cat still doesn't want you to die meow~"
With that, it swallowed all the crystals into its stomach in one gulp, stored them, and ran to a distant place to wait.
"Susa, do you want to come out of my cup first?" Summer Night asked again.
The dormant flower replied with two words: "No." ”
After a while, it added, "You'll be fine." ”
The heart that hung in the summer night suddenly let go of a lot.
Piece by piece, she extracted the magic from the crystals and poured them into the cup, and when the three 500 moles, one 100 moles, and one 10 moles were all used, the number on her left wrist had become -8.
The empty crystal was thrown on the ground at random, Xia Ye pinched the last piece in her hand, her palm was a little sweaty, and the tension lingered in the depths of her heart, but she did not hesitate and poured the last 10 moles into the cup.
“……”
There was no movement.
Summer Night first glanced at the cup in her body, the cup was still empty, she raised her left wrist again, and the number on her wrist had become 0.
It didn't become positive, and there was no moir in the cup, so where did the extra 2 moles go......
Sudden interruption of thinking.
Before Summer Night could react, she had lost consciousness and fell limply to the ground.
……
……
"Uh-huh......"
Recovering consciousness from the darkness and opening her eyes, the first thing Summer Night sees is the black cat that is patting her with her little paws.
"How long have I been in a coma, Xiu?"
"In less than a minute, as soon as the cat saw you fall, it ran over. Did the host feel uncomfortable in any way? ”
"No, I just fainted inexplicably."
To put it, it's as if the computer has suddenly pressed the restart button.
Summer Night propped herself up with her hands, sat up from the ground, and then, clicking on the "Soul Return" contract on her thigh, she looked directly at the part of the Supplemental Clause - she immediately noticed that Supplemental Clause-5 had become visible:
Supplemental Clause-5.1: The deed holder may increase the maximum limit of magic overdraft by issuing [negotiable] [standardized] [loan contract], up to a maximum of [20] moles, and the overdraft period is the same as the term in the loan contract, but not more than [90] days, and the maximum number of issued shares shall not exceed [2] shares.
Supplementary Clause-5.2: Any holder of the [Loan Deed] is a valid creditor of the Deed, and the Deed Holder is obliged to pay the principal and interest in full on the repayment date agreed in the [Loan Deed], otherwise it will be deemed that the Deed Deed is in breach of contract, and all the provisions of this Supplementary Clause and the "Soul Return" (Contract No.: CHZVH7XY38401116) of the Deed will automatically become invalid.
Supplemental Clause-5.3: When the deed holder overdraws the deed, it will give priority to the overdraft limit obtained through the issuance of the [Loan Contract], and when the deed holder makes the normal payment of the [Loan Contract], the corresponding overdraft limit will be deemed to have been repaid and there is no need to repay it repeatedly.
Supplemental Clause-5.4: The deed writer must use the standard text to draw up the Loan Deed and shall not modify, derogate or distort the standard text in any way. For details of the standard text, please refer to [Annex 1].
After reading Supplemental Clauses -5.1 to -5.4, Summer Night pulled the contents of the contract to the end, and sure enough, there were two full pages of "Annex 1" there.
After a quick glance at Annex 1, she was able to determine what Supplement-5 meant:
Issuance of bonds.
"Negotiable", "standardized", "deed" - this expression sounds complicated, but in the old world, there was a special term for this kind of thing:
Bond.
Summer Night's heart can't help but pound.
Only those who are familiar with it know what a powerful weapon bonds are – they can allow a subject, at almost no cost, to accumulate huge wealth in an instant, simply by making people "believe".
At the same time, the structure is surprisingly simple: the issuer and the holder of the bond have nothing to do with the holder except for the obligation to repay the money when it is due – in contrast to the sale of shares, which can easily become entangled with control of the company, causing a cascade of problems, as exemplified by Curran's "long-ship charter".
Despite all the virtues of bonds, they have never been seen in Debussota.
The reason is also very simple: it can't be done.
The vast majority of contracts signed between witches can only be valid between two identified people, and even the investment contract of the "Venture Capital Department 7" can only be transferred to the next deed holder according to the prescribed path after the death of the previous deed-maker.
But bonds are different, although the deed-bearer of the bond is certain: summer night. But it does not have an exact contractor, or rather, its contractor is the holder of any bond, and only by holding the bond can it form a claim against the summer night.
This was a normal thing in the old world, but this world is not ordinary at all - the witch contract is not a dead letter, it does form a occult connection between the two, once a summer night issues bonds, for example...... 500 sheets, then, she will form a occult contract relationship with 500 people at the same time, and as the bonds circulate in the market, the specific list of these 500 people may change at any moment.
…… Summer Night couldn't imagine what that would be like, would she explode because she couldn't have so much power of contract? When the time comes, will there be 500 more witch characters on the body that represent the debt contract?
I can only find one or two people to try it first.
But before she can do that, she has to experiment with another clause:
Supplemental Clause-5.1: The deed holder may increase the maximum limit of magic overdraft by issuing [negotiable] [standardized] [loan contract], up to a maximum of [20] moles, and the overdraft period is the same as the term in the loan contract, but not more than [90] days, and the maximum number of issued shares shall not exceed [2] shares.
The maximum amount of mana overdraft added in the clause is [20] moles, and after paying off all the overdrafts of 1618 moles, there are still 2 moles left, which are poured into the cup, but they are gone.
So, does it mean that there is a 10x leverage relationship between the latter and the former?
This is a very good thing to verify, and Summer Night retrieves the remaining 9 crystals from Xiu Jing's hands, which have a total of 1821 magic powers.
She poured them all into the cup.
The cup was still empty, and there was not one Mor, but when Summer Night reopened the "Soul Return" contract, the addendum clause-5.1 had become:
Supplemental Clause-5.1: The deed holder may increase the maximum limit of the magic overdraft by issuing a [negotiable] [standardized] [loan contract], up to a maximum of [18230] Mole, and the overdraft period is the same as the term in the loan contract, but the maximum number of shares issued cannot exceed [90] days, and the maximum number of issued shares shall not exceed [1823].
Thank you to Earl Nishizawa and b1111111111111 for the tip, thank you~
(End of chapter)