Symphony Chain Announces Melody Token ($MLD) Presale and Partnership with EvaCodes

General

Symphony
Chain,
a
pioneering
blockchain
platform
built
on
Cosmos,
is
thrilled
to
announce
the
highly
anticipated
presale
of
its
$MLD
Token,
set
to
begin
on
July
15,
2024,
at
12
AM
UTC
on
Gempad.
This
announcement
is
accompanied
by
the
exciting
news
of
Symphony
Chain’s
strategic
partnership
with
EvaCodes,
a
top
Web3
development
company
recognized
by
Clutch.

Melody
Token
($MLD)
Presale

The
Melody
Token
($MLD)
presale
marks
a
significant
milestone
for
Symphony
Chain,
offering
early
adopters
an
exclusive
opportunity
to
participate
in
the
growth
of
a
revolutionary
blockchain
platform.
The
presale
will
be
hosted
on
Gempad,
accessible
via this
link.

Presale
Perks
and
Bonuses

Early
Bird
Bonus: The
first
100
participants
who
purchase
at
least
1,000
USDC
worth
of
$MLD
tokens
will
receive
an
additional
20%
bonus
tokens.
Referral
Bonus: A
2%
referral
bonus
for
participants
who
refer
others
to
the
presale.

Partnership
with
EvaCodes

Symphony
Chain
is
proud
to partner
with
EvaCodes,
a
recognized
leader
in
Web3
development.
EvaCodes’
unmatched
expertise
and
proven
track
record
of
excellence
will
drive
the
development
and
innovation
of
Symphony
Chain.
This
partnership
is
set
to
harness
the
power
of
Web3
technology
to
create
groundbreaking
solutions
that
empower
businesses
and
users
alike.

“EvaCodes
is
one
of
the
top
blockchain
developers
of
2024,” said
David
Blackstone,
CEO
and
co-founder
of
Symphony
Chain. “They’re
dependable
and
have
the
level
of
expertise
necessary
to
build
this.”

The
Symphony
Chain

Symphony
Chain
stands
as
a
beacon
of
innovation
in
the
decentralized
finance
(DeFi)
world.
Built
on
the
Cosmos
ecosystem,
Symphony
Chain
provides
a
crypto-native
solution
for
real-world
assets
without
reliance
on
traditional
banking
infrastructure.
This
allows
for
seamless
global
transactions
and
innovative
asset
trading,
pegging
tokens
to
any
asset,
including
real
estate
and
gold.

Symphony
represents
a
transformative
shift
in
the
DeFi
landscape,
ushering
in
an
era
of
stability,
transparency,
and
user
empowerment.
Beyond
merely
supporting
stablecoins,
Symphony
features
a
self-balancing
exchange
algorithm
and
operates
on
a
decentralized
framework,
enabling
seamless
integration
with
DeFi
financial
markets.
Additionally,
it
addresses
and
resolves
the
issues
commonly
associated
with
traditional
centralized
systems.

Key
Features
of
Symphony
Chain:

Revolutionizing
Real-World
Assets: Symphony
is
the
first
truly
decentralized
blockchain
for
real-world
assets,
ensuring
unmatched
security
and
reliability.
Seamless
Global
Transactions: Symphony’s
atomic
swap
system
allows
for
effortless
currency
conversions,
making
cross-border
transactions
simple
and
efficient.
Innovative
Asset
Trading: Symphony’s
dual-elasticity
system
ensures
immediate
re-pegging
and
replenishes
its
2:1
reserve
in
record
time,
offering
the
most
reliable
stablecoin
system
to
date.
Yield-Generating
Stablecoins: Stake
any
tokenized
asset
on
Symphony
and
earn
rewards,
creating
a
new
paradigm
for
asset
management.
User-Backed,
Not
Institutionally
Backed: Symphony
is
fully
backed
by
its
users,
fostering
a
truly
decentralized
and
community-driven
ecosystem.
Future-Proof
Investment: Symphony’s
roadmap
includes
integrations
into
banking,
payments,
financial
markets,
and
global
trade,
tapping
into
markets
worth
over
100
trillion
USD.

Symphony
Stablecoin
–
$HUSD

$HUSD
represents
a
paradigm
shift
in
elastic
tokens,
offering
a
compelling
alternative
to
traditional
stablecoins.
With
its
unique
features
and
resilient
design,
$HUSD
ensures
price
resilience,
controlled
growth,
overcollateralization,
and
auto-rebasing,
promoting
stability
and
security
in
the
crypto
space.

Key
Features
of
$HUSD
Stablecoin

Price
Resilience: $HUSD’s
price
is
safeguarded
against
depreciation,
ensuring
value
retention
even
in
adverse
market
conditions.
Controlled
Growth: A
meticulously
crafted
mechanism
aims
for
controlled
growth,
balancing
yields
from
various
sources.
Overcollateralization: A
fortified
collateral
base
through
user
deposits
and
Symphony
transactions
bolsters
resilience
against
market
fluctuations.
Auto-Rebasing: Periodic
value
recalibration
aligns
with
the
growth
of
its
collateral
base,
promoting
price
appreciation.

Perks
of
Owning
Symphony
NFTs

Symphony
NFT
holders
will
enjoy
a
range
of
exclusive
benefits,
including
whitelisting
on
future
sales,
membership
in
the
exclusive
Symphony
Blockchain
community,
access
to
upcoming
airdrops,
entry
to
exclusive
Discord
channels,
invitations
to
online
and
in-person
events,
participation
in
holder-only
giveaways
and
contests,
and
additional
perks
to
be
announced.

Symphony’s
Future:
A
Vision
Beyond
ICO

As
Symphony
Chain
moves
forward,
it
envisions
an
expansive
future
shaped
by
community
collaboration.
With
a
solid
foundation
laid
by
a
thriving
user
base,
Symphony
is
gearing
up
to
revolutionize
DeFi
by
diversifying
its
offerings
to
include
commodities
exchanges,
stock
and
options
trading,
and
forex
transactions.

Symphony
Chain
is
not
just
a
technical
progression;
it’s
a
testament
to
the
collective
efforts
of
a
dynamic
community
and
a
platform
dedicated
to
pushing
the
boundaries
of
decentralized
finance.
As
Symphony
evolves,
it
is
set
to
redefine
the
landscape
of
blockchain-based
trading,
offering
users
a
comprehensive
and
dynamic
experience
in
the
world
of
decentralized
finance.

For
more
information
about
Symphony
Chain
and
to
participate
in
the
Melody
Token
($MLD)
presale,
visit https://orchestralabs.org/.

About
Symphony
Chain

Symphony
Chain
is
a
cutting-edge
blockchain
platform
built
on
the
Cosmos
ecosystem,
providing
a
crypto-native
solution
for
real-world
assets
without
reliance
on
traditional
banking
infrastructure.
Symphony
Chain
is
committed
to
revolutionizing
the
DeFi
landscape
with
a
focus
on
stability,
openness,
and
user-centered
design.

Disclaimer:

The
information
provided
in
this
release
is
not
investment
advice,
financial
advice,
or
trading
advice.
It
is
recommended
that
you
practice
due
diligence
(including
consultation
with
a
professional
financial
advisor)
before
investing
or
trading
securities
and
cryptocurrency.