TechFlow News, June 18: The 2026 MIPC is currently underway. Users can participate in voting by completing tasks or purchasing scorecards to support their favorite idols. As the core utility token of the MEET48 ecosystem, IDOL continues to serve key functions including covering voting transaction fees, distributing ecosystem incentives, and facilitating community interactions. Notably, the inaugural WIPA event in 2025 attracted over 78 million IDOL tokens for voting—representing 1.63% of the total supply—and set a new record for Web3 idol competitions.
Meanwhile, on June 18, MEET48 officially launched Phase II of its limited-time IDOL staking campaign. Participants enjoy a fixed annualized return of 40% and receive vIDOL—a verifiable receipt of staking rewards—immediately upon staking. Users may hold vIDOL until September 30, 2026, to redeem IDOL at a 1:1 ratio, or trade vIDOL via liquidity pools on Minke Finance for flexible asset management. This vIDOL Swap functionality is powered by Minke Finance, further enhancing IDOL ecosystem liquidity and capital efficiency.
