With Vanar migrating to Base, the total supply of VANRY will increase from 2.4 billion to 10 billion.

Odaily Planet Daily reports that Vanar, an AI infrastructure project, has announced its migration to the Base network. The VANRY token will shift its focus from supporting blockchain infrastructure to coordinating and incentivizing the AI Organizations ecosystem. Vanar stated that it is building an AI Organization economic system, using organization-level AI agents to handle product development, service delivery, order processing, USDC settlement, and reputation recording. The team believes that the core bottleneck for future AI development will shift from model capabilities to identity, trust, memory, and organizational structure. Regarding the token migration, existing VANRY holders will migrate at a 1:1 ratio, and their holdings will remain unchanged. However, the total supply will increase from 2.4 billion to 10 billion tokens to support AI Organizations ecosystem incentives, developers, partners, and infrastructure development. The official statement indicates that 62% of the total supply will be locked initially after the migration, and newly allocated tokens will use a lock-up and 60-month linear release mechanism, with a full release period expected to be 5 years. Furthermore, Vanar will end the validator staking mechanism on Vanarchain and integrate its infrastructure into the Base network. The team plans to launch the Vanar Genesis event on August 3, with the first batch of AI Organizations going live and a reward pool of 100 million VANRY tokens set up to incentivize high-performing ecosystem projects.