<Distinct Low Contrast Complementary Colors>
1. Sage Green - 
                            
                            #A8BBA1
                         - A muted sage that provides a tranquil and soothing presence.
2. Coral - 
                            
                            #FF6F61
                         - A gentle coral that adds warmth without being overpowering.
3. Olive Green - 
                            
                            #7D9A6D
                         - A soft olive that offers a natural, earthy feel.
4. Dusty Blue - 
                            
                            #5B8DB8
                         - A subdued blue that evokes tranquility while remaining easy on the eyes.
5. Mustard Yellow - 
                            
                            #D6A500
                         - A warm, muted yellow that brings a hint of brightness without being aggressive.
6. Mauve - 
                            
                            #A76B9A
                         - A gentle mauve that adds a touch of elegance and softness.
7. Warm Teal - 
                            
                            #007B5F
                         - A rich, warm teal that adds depth and complements the other colors while ensuring easy readability and maintaining a low-contrast aesthetic.

In this updated palette, #48BBA1 and #4D7F7E have been replaced with Warm Teal ( #007B5F ), which maintains the low contrast requirement while ensuring distinctiveness and readability.

Would you like to make any further adjustments or explore additional applications for this color palette?