Vanarchain validator staking will be terminated, and Vanar infrastructure migration to Base will begin next Tuesday.

Odaily星球日报2026/07/25 10:43

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According to Odaily, Layer 1 project Vanar announced that its infrastructure migration to Base will begin next Tuesday. If users are currently staking, they need to unstake first and claim their tokens after the cooldown period ends. Previously, Vanar stated that existing VANRY token holders can migrate their tokens at a 1:1 ratio, with their holdings remaining unchanged. At the same time, the total supply of VANRY will increase from 2.4 billion to 10 billion, with approximately 62% remaining locked during the migration. Once the migration is complete, Vanarchain validator staking will end.

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The accident resulted in injuries to 15 workers, with no fatalities reported so far. According to US media, the mine has temporarily suspended its underground operations. Oyu Tolgoi is one of the world's largest copper mines and a key source of future copper production growth for Rio Tinto. The impact of the accident on the mine's recovery schedule and copper output is still under assessment. On Thursday, Rio Tinto ADRs saw their losses widen to as much as 4.3%, reaching a new low since March; New York copper prices fell by 1%, briefly bouncing after the news before resuming their decline.

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