Vanar Announces Infrastructure Migration to Base

TechFlow reports that on July 23, Layer 1 project Vanar announced it will migrate its infrastructure to Base. Existing VANRY holders can complete token migration at a 1:1 ratio, with holdings remaining unchanged. Meanwhile, total VANRY supply will increase from 2.4 billion to 10 billion, of which approximately 62% will remain locked during migration. Upon completion of the migration, Vanarchain validator staking will cease.