Layer 1 project Vanar said on July 25 that its infrastructure migration to Base will begin next Tuesday. The team advised users who are currently staking to unstake first, then wait for the cooldown period to end before claiming their tokens. Vanar had previously said existing VANRY holders will be able to complete the token migration at a 1:1 ratio, with the size of their holdings unchanged after the move. The project also said VANRY’s total supply will increase from 2.4 billion tokens to 10 billion, with about 62% remaining locked at the time of migration. Once the migration is completed, validator staking on Vanarchain will come to an end. The update lays out both the operational steps for current users and the supply changes tied to the transition from Vanar’s existing setup to infrastructure on Base.
Layer 1 project Vanar said on July 25 that its infrastructure migration to Base will begin next Tuesday.
The team said users who are currently staking should unstake first and wait for the cooldown period to finish before claiming their tokens.
Token migration details
Vanar had previously said existing VANRY token holders will be able to complete the migration on a 1:1 basis, with their holdings unchanged.
It also said VANRY’s total supply will rise from 2.4 billion to 10 billion tokens, with about 62% remaining locked at the time of migration.
Validator staking to end after migration
After the migration is completed, validator staking on Vanarchain will stop.
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