The Layer1 project Vanar will begin migrating its infrastructure to Base next Tuesday.

July 25th, Layer 1 project Vanar announced that the infrastructure migration to Base will begin next Tuesday. Users are advised to unbond if they are currently staking, wait for the unbonding period to end, and then claim their tokens.

Previously, Vanar stated that existing VANRY token holders could complete the token migration at a 1:1 ratio, with their holdings remaining the same. The total token supply of VANRY will increase from 2.4 billion to 10 billion, with approximately 62% of the new supply being locked up during the migration. Upon completion of the migration, Vanarchain validator staking will cease.