DeFi

Symphony Chain Announces Melody Token ($MLD) Pre-Sale and Partnership with EvaCodes

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Symphony Chain Launches Melody Token ($MLD) Presale and Partners with EvaCodes to Revolutionize DeFi with Innovative Blockchain Solutions.

Dover, DE, July 15, 2024 (GLOBE NEWSWIRE) — Symphonic chainSymphony Chain, a pioneering blockchain platform built on Cosmos, is excited to announce the highly anticipated presale of its $MLD token, which will begin on July 15, 2024 at 12:00 UTC on Gempad. This announcement comes alongside the exciting news of Symphony Chain’s strategic partnership with EvaCodes, a leading 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.

Pre-sale benefits 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% token bonus.
  • Referral Bonus: A 2% referral bonus for participants who refer others to the pre-sale.

Partnership with EvaCodes

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

“EvaCodes is one of the best blockchain developers of 2024,” said David Blackstone, CEO and co-founder of Symphony Chain. “They are reliable and have the level of expertise to build this.”

The symphonic chain

Symphony Chain is a beacon of innovation in the world of decentralized finance (DeFi). Built on the Cosmos ecosystem, Symphony Chain provides a crypto-native solution for real-world assets without relying on traditional banking infrastructure. This enables seamless global transactions and innovative asset swaps, pairing tokens with any asset, including real estate and gold.

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

Symphony Chain Key Features:

  • Revolutionizing real-world assets: Symphony is the first truly decentralized blockchain for real-world assets, ensuring unparalleled security and reliability.
  • Seamless Global Transactions: Symphony’s atomic exchange system enables effortless currency conversions, making cross-border transactions simple and efficient.
  • Trading innovative assets: Symphony’s dual-elasticity system ensures immediate replenishment and replenishes its reserve 2:1 in record time, delivering 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.
  • Supported by users, not institutions: Symphony is fully supported by its users, fostering a truly decentralized and community-driven ecosystem.
  • A future-proof investment: Symphony’s roadmap includes integrations across banking, payments, financial markets and global commerce, tapping into markets worth over US$100 trillion.

Stablecoin Symphony – $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, over-collateralization, and automatic rebasing, promoting stability and security in the crypto space.

Main features of the $HUSD stablecoin

  • Price resilience: The price of $HUSD is protected against depreciation, ensuring that value is retained even in adverse market conditions.
  • Controlled growth: A carefully designed mechanism aims for controlled growth, balancing returns from various sources.
  • Oversizing: A collateral base reinforced by user deposits and Symphony transactions strengthens resilience against market fluctuations.
  • Automatic rebasing: Periodic recalibration of value aligns with the growth of its collateral base, thereby promoting price appreciation.

Benefits of Owning Symphony NFTs

Symphony NFT holders will receive a range of exclusive benefits, including whitelisting for 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 competitions, and additional benefits to be announced.

The Future of Symphony: A Vision Beyond the ICO

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

Symphony Chain is not just a technical breakthrough; it is a testament to the collective efforts of a vibrant community and a platform dedicated to pushing the boundaries of decentralized finance. As Symphony evolves, it is poised to redefine the landscape of blockchain-based trading, providing users with 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, offering a crypto-native solution for real-world assets without relying on traditional banking infrastructure. Symphony Chain is committed to revolutionizing the DeFi landscape with a focus on stability, openness, and user-centric design.

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Disclaimer:
The information provided in this release does not constitute investment advice, financial advice or trading advice. You are advised to conduct your own due diligence (including consulting a professional financial advisor) before investing or trading in securities and cryptocurrencies.

CONTACT: David Blackstone

The Symphony Chain

dblackstone at orchestralabs.org




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