Vanar Migrates to Base, Increases VANRY Total Supply to 10 Billion Tokens

Vanar announced today (July 23) it is migrating from Layer 1 to Base chain and shifting focus to building an AI Organizations economy. Existing VANRY holders will migrate at a 1:1 ratio with no change to holdings, but the total supply will increase from 2.4 billion to 10 billion tokens to support ecosystem incentives, developers, partners, and infrastructure.

Of the expanded supply, 62% remains locked. New tokens have a cliff period and a 60-month vesting schedule, with approximately 1% of total supply released monthly after the cliff expires. Vanar plans to launch its Genesis event on August 3, with the first AI Organizations going live and a 100 million VANRY incentive pool for high-performing projects.