The Layer1 project Vanar has announced that it will migrate its infrastructure to Base, with the VANRY token undergoing a 1:1 migration.

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BlockBeats News, July 23rd, Layer 1 project Vanar announced that it will migrate its infrastructure to Base. Existing VANRY token holders will be able to complete the token migration at a 1:1 ratio, with their holdings remaining unchanged. At the same time, the total supply of VANRY will increase from 2.4 billion to 10 billion, with approximately 62% remaining locked at the time of migration. Upon completion of the migration, Vanarchain validator staking will cease.

Source: BlockBeats

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