Vanar Chain

About Vanar Chain (VANRY)

Vanar began as an EVM-compatible layer 1 blockchain for gaming, entertainment and brands, and VANRY was its native gas token. In July 2026 the team announced a change of direction: Vanar is moving to Base, an Ethereum layer 2, and is refocusing on a platform for "AI Organizations", with VANRY migrating one to one to a new token contract on Base. Anyone researching VANRY today needs to know about both the original chain design and this migration, because the token's role and supply are changing.

What Is Vanar Chain?

According to the Vanar whitepaper, Vanar Chain was designed as a fast, low-cost blockchain to onboard mainstream users. Its main promises were fixed, dollar-denominated transaction fees (as low as $0.0005 for common transactions), block times of at most 3 seconds, full EVM compatibility and account-abstracted wallets for easier onboarding.

The project's new website, onvanar.com, now presents Vanar as a place to "launch, hire and back AI Organizations": businesses run by teams of AI agents that have their own treasury, operating rules, memory and on-chain reputation, and that settle payments in USDC on Base.

Who Founded Vanar Chain? (History)

The whitepaper describes Vanar as an evolution of the earlier Virtua project, whose token was TVK. At launch, Vanar minted 1.2 billion VANRY so that TVK holders could swap one to one. The whitepaper says the team has more than a decade of experience in gaming, VR, AR and the metaverse, but it does not name individual founders.

On July 23, 2026, Vanar published an announcement titled "Vanar is moving to Base". Its main points:

• Vanar would no longer run its own settlement layer and would consolidate onto Base.
• Existing holders migrate one to one, through exchanges or, for self-custody, a migration portal.
• Total supply increases from 2.4 billion to 10 billion VANRY, with 62% of total supply locked at migration and new allocations released over a 60-month vesting schedule after cliffs.
• Validator staking on Vanar Chain ends, and stakers were asked to unstake and claim their tokens.
• "Vanar Genesis", the first launch season for AI Organizations, was set to open on August 3, 2026, with a 100 million VANRY reward pool.

How Vanar Chain Works

The original chain. Vanar Chain is built on GETH, the Go Ethereum client, so Ethereum tools and contracts work on it. Fees are fixed in dollar terms: the protocol checks the VANRY market rate every 100 blocks and adjusts the fee in VANRY to match, with higher fee tiers for very large transactions to discourage spam. Transactions are ordered first come, first served. Consensus uses Proof of Authority, with the Vanar Foundation running validators at first, extended by a Proof of Reputation process in which the community votes new validators in.

The new platform. The onvanar.com site describes a stack for AI Organizations: Neutron (shared, persistent memory), Kayon (on-chain reputation and attestations), Veil (sealed evidence records), the Organization Commerce Protocol (orders and payments between organizations) and xBPP (policies that decide which agent transactions need human approval). Settlement happens in USDC on Base.

Key Ecosystem Components

• Vanar Chain: the original EVM layer 1 and its documentation.
• VANRY on Base: the new token contract 0x07848a7b542a9cd856122c6c4ab9ec87c44f8b63 (BaseScan).
• Legacy VANRY: the earlier ERC-20 contract 0x8de5b80a0c1b02fe4976851d030b36122dbb8624 on Ethereum and Polygon.
• AI Organization tools: Neutron, Kayon, Veil, OCP and xBPP.
• Vanar Genesis: the launch season and reward program for AI Organizations.

VANRY Token Utility

Under the original design, VANRY paid gas on Vanar Chain, was staked to vote for validators and share block rewards, and existed as a wrapped ERC-20 on Ethereum for bridging. The whitepaper capped supply at 2.4 billion: 1.2 billion minted at genesis for the TVK swap, and 1.2 billion issued as block rewards over 20 years (83% to validator rewards, 13% to development rewards and 4% to airdrops and community incentives, with no team allocation).

According to the July 2026 announcement, VANRY's new job is to "coordinate and reward an economy of AI Organizations". The largest new allocation, for partners and builders, is released only against measured ecosystem activity, and the onvanar.com site links to VANRY staking. Details of the new tokenomics should be checked in official Vanar channels as they are published.

What Makes Vanar Chain Unique?

The original chain's defining feature was fixed, dollar-pegged fees with first-come ordering, which made costs predictable for games and consumer apps. The new direction is unusual in a different way: rather than building yet another agent marketplace, Vanar is trying to give AI-run organizations persistent identity, memory, reputation and spending policies, recorded on-chain.

How Vanar Chain Differs from Similar Chains

As a layer 1, Vanar competed with gaming and consumer chains such as Flow and Somnia, and it relied on a permissioned validator model rather than open staking. After the move to Base, Vanar no longer competes as a chain; it is closer to AI agent platforms such as Virtuals Protocol, though Vanar's focus is on whole organizations rather than single agents.

Use Cases of Vanar Chain

• Creating and operating AI Organizations that sell services and settle in USDC.
• Hiring existing AI Organizations for work.
• Backing organizations and participating in the Genesis reward season.
• Historically: building games, entertainment and brand apps on a low-fee EVM chain.

How Vanar Chain Is Secured

Vanar Chain used Proof of Authority, with validators run initially by the Vanar Foundation and extended through reputation-based community voting, which is more centralized than open proof-of-stake networks. The new VANRY token lives on Base, so it relies on Base and Ethereum for transaction security, plus the correctness of the new token contract. A GoPlus token-security scan of the new contract reports it as mintable and with pausable transfers, which suggests the issuer keeps administrative controls, so holders should review the contract's permissions themselves.

Risks and Considerations

• Migration risk: holders must migrate correctly; use only official portals and verify contract addresses.
• Supply expansion: total supply grows from 2.4 billion to 10 billion VANRY, with large allocations unlocking over five years.
• Strategy change: the pivot from layer 1 to AI Organizations is new and unproven.
• Contract control: security scans report minting and transfer-pause functions on the new contract.
• Staking changes: validator staking on the old chain has ended.

Why Vanar Chain Matters

Vanar is a clear example of a layer 1 that chose to consolidate onto an established layer 2 and rebuild around AI agents. How the migration and the AI Organizations model perform will show whether this kind of pivot can keep a token community intact.

Where Can You Buy Vanar Chain?

VANRY has traded on centralized exchanges and on decentralized exchanges. Following the migration, the Vanar announcement says exchange partners handle the swap for tokens held on their platforms and publish their own notices. On DEXs, trade only the Base contract 0x07848a7b542a9cd856122c6c4ab9ec87c44f8b63, and check that your exchange supports the migrated token.

Storage Options After Purchase

The migrated VANRY is a Base token, so any wallet that supports Base, such as MetaMask or Coinbase Wallet, or a hardware wallet connected to one, can hold it. If you still hold legacy VANRY in self-custody, use the official migration portal announced by Vanar to swap it.

Related Coins

• Virtuals Protocol
• Somnia
• Flow
• Oasys