According to ME News, on July 23 (UTC+8), the Layer 1 project Vanar announced it will migrate its infrastructure to Base. Existing VANRY token holders can migrate their tokens at a 1:1 ratio, maintaining their current holdings. The total supply of VANRY will increase from 2.4 billion to 10 billion tokens, with approximately 62% locked at the time of migration. Upon completion of the migration, Vanarchain validator staking will be discontinued. (Source: BlockBeats)
Layer1 Project Vanar migrates its infrastructure to Base; VANRY token migrates 1:1
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Summary
Vanar, a Layer 1 project, announced on July 23 (UTC+8) that it has migrated its infrastructure to Base. VANRY token holders can migrate their tokens at a 1:1 ratio, with the total supply increasing from 2.4 billion to 10 billion. Approximately 62% of the tokens will remain locked. Staking on Vanarchain will conclude after the migration. This update introduces new token listings and represents a significant milestone in token launch news.
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