<Design System Color Palette>
1. Primary Purple - 
                            
                            #706CFF
                         - A vibrant and modern shade of purple that serves as the foundation color for the design system.
2. Soft Lavender - 
                            
                            #D7D0FF
                         - A lighter shade of purple that complements the primary color, perfect for backgrounds and subtle accents.
3. Rich Indigo - 
                            
                            #5B4BCE
                         - A deeper, more intense purple that can be used for highlights and emphasis, adding depth to the design.
4. Cool Gray - 
                            
                            #AFAFAF
                         - A neutral gray that balances the purple tones, ideal for text and secondary elements.
5. Bright White - 
                            
                            #FFFFFF
                         - A clean, crisp white that enhances readability and allows the purple shades to pop.
6. Warm Coral - 
                            
                            #FF6F61
                         - A contrasting color that adds warmth and energy to the palette, suitable for call-to-action elements.
7. Deep Charcoal - 
                            
                            #333333
                         - A strong, dark color for text and borders, providing a solid foundation against the lighter shades.

This color palette is built around the primary color of #706CFF , creating a cohesive design system that features a blend of purples with complementary neutrals and contrasting accents. It offers versatility for various UI components, ensuring both aesthetics and usability.

Do you have specific applications in mind for this color palette, such as web design, branding, or app interfaces?