Chapter 407: A Solid Rejection

In short, this "Luna-Terra" duo is currently the hottest commodity in the crypto world, the king of traffic.
"So... Fanghuan Exchange suggested we list this coin too.
After all, seeing FTX catching up step by step with it, everyone's getting anxious."
At this moment, the funds flowing into this project have already reached a staggering 30 billion US dollars!
"At this rate, breaking 40 billion US dollars is a piece of cake.
If our Fanghuan Exchange also announces its listing, market sentiment will definitely explode, reaching 50 billion is not a dream!"
Whether it's the employees of Fanghuan Exchange or Su Hao's own team, almost everyone gives this pair of star twin coins extremely high praise.
After all, who wouldn't be anxious watching their users being poached by competitors in droves?
"..."
However, Su Hao's brows furrowed even deeper.
In his vision, these two tokens, touted to the skies, were shrouded in an ominous, dark red aura, viscous as blood.
A powerful warning exploded in his mind: rushing in now would mean certain death!
'This thing…is suspicious!'
Su Hao remained calm, having already had his men thoroughly investigate the two tokens, even obtaining photos of their founders.
As a result, the founders' photos were also enveloped in a thick, impenetrable black aura—an aura intertwined with greed and destruction.
“How likely is it that this thing is a scam?” Su Hao asked abruptly.
“Well…” Liu Bo paused for a moment, then quickly explained,
“It breaks free from the constraints of traditional stablecoins; its technology is revolutionary.
The founder, Quan Daoheng, is also a graduate of a top university with an impressive resume.
More importantly, the investors backing him and investing in him are all well-known international investment institutions, and quite large ones at that.”
The founding team has a clear background and strong financial backing, and the investors behind them are all reputable names.
The implication is clear: it's not the kind of shady operation that pumps and dumps, then disappears.
"Do these two cryptocurrencies have any weaknesses?"
"Weaknesses...theoretically, yes. After all, they rely purely on algorithms, without any real-world collateral.
If they were to suffer an unimaginably large-scale malicious attack from the outside, they might collapse.
But Mr. Su, look at its current price momentum; the amount of locked funds is enormous—it's already a behemoth.
To bring it down with an external attack, how massive would that be? It's practically impossible."
But to Su Hao, this information didn't make the blackish-red fog in his vision thin; instead, it grew even thicker, almost dripping with ink.
This was a clear warning.
"We're not getting on this train," Su Hao decided decisively.
"Yes, Mr. Su. Then, regarding user churn..."
This was indeed a headache.
Just then, a thought flashed through Su Hao's mind.
Instead of following in others' footsteps and getting left behind, why don't we create our own?
"Don't those guys like playing this kind of game? How about we save up a coin and play along with them?"
"Let's issue our own stablecoin similar to 'Luna-Terra,' and then embed it into the ecosystem of all the platforms we currently operate, giving it real use value!"
This idea wasn't based on intuition; it was purely a flash of inspiration from Su Hao's business logic.
"The value, like Terra, is pegged to a fixed value?" Liu Bo's eyes lit up.
"Yes."
"Then...how about we do that DeFi service too?"
As soon as he finished speaking, Su Hao's dormant intuition suddenly "sizzled," sending a tingling sensation through him, as if agreeing with the idea.
There's potential!
"The interest rate doesn't need to be so outrageous." Su Hao's lips curled slightly upward.
"Compared to Luna's 20%, we can be lower, but we have something they don't—application scenarios!"
For example, there are shipping fees, Fanghuan Exchange fees, and... oh right, Netflix subscription fees, and picpic short video tipping fees...
We have countless ways to make this coin "spend," instead of just letting it sit there collecting interest!
"Exactly! In the long run, a 20% interest rate is simply a short-sighted solution, mortgaging the future." Liu Bo suddenly realized,
"It's better to lower the interest rate and guide users with rich application scenarios, allowing the coin to truly circulate within our vast ecosystem. That's the key!"
"Then it's settled." Su Hao waved his hand,
"Interest rate, system, how to integrate with our various platforms, what benefits to give users...
Take everything into account and give me a complete report!"
"Yes, Chairman Su!"
That's right, Fanghuan Investment has substantial capital, the backing of the world's largest Fanghuan Exchange, and a vast business ecosystem.
While they certainly can't compete with "Luna-Terra" on the simple and direct lure of "20% annualized return," they can offer a tangible and massive application ecosystem.
This way, at least they can stabilize those wavering users.
***
"What? Fanghuan Exchange... rejected us?"
In an office in South Korea, a refined-looking man wearing gold-rimmed glasses looked utterly incredulous.
He was Kwon Do-hyung, the founder of Luna and Terra.
“Yes, they said Luna and Terracoin don’t meet Fanghuan Exchange’s listing standards.”
“Bullshit! What right do they have to refuse? What cryptocurrency is hotter than ours right now? Have these old fogies lost their minds?”
“They didn’t disclose the specific reasons.”
Kwon Do-hyung’s face turned ashen with anger, feeling his pride being brutally trampled into the ground.
Right now, both in South Korea and overseas, the media is practically raving about him, calling him “the Korean version of Elon Musk,” “the revolutionary mentor of the cryptocurrency world,” showering him with all sorts of accolades.
And the result? The world’s largest cryptocurrency exchange gave him a firm rejection!
“So… what do we do?”
“What do we do? Let it be! These guys are ungrateful. Since they won’t listen to reason, let’s make them suffer!”
Immediately contact all media outlets and send out articles everywhere!
Say that Fanghuan Exchange is stagnant and out of touch with the times!
FTX Exchange will soon surpass them and become the new king!