FAQ

On which chain are the music tokens deployed?

They launch first on BNB Chain (BEP-20). Expansion to multiple public chains is planned.

What benefits do I get by holding a song token?

Your nickname appears on-chain for that exact second of the track, and you can freely trade or stake the token on DEXs to earn extra rewards.

Where can I trade song tokens, and are there extra fees?

Every song token is paired with USDT in a PancakeSwap V3 liquidity pool. You can trade anytime, paying only network gas and PancakeSwap’s native fee—Melody charges no additional platform fee.

How does the 50 % buy-back, burn, and redistribution work?

The platform allocates 50 % of both the 3 % fundraising fee and all LP trading fees to buy back $MELO on the open market: 30 % is burned immediately, 20 % is distributed to stakers. All transactions are on-chain and transparent, reinforcing token deflation and holder yield.

If a song goes viral, how might the token price react?

Higher play income → larger buy-backs → token deflation. At the same time, market demand rises, giving the token theoretical upward momentum. However, price still depends on overall market liquidity and sentiment; Melody offers no profit guarantees.

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