If you have created a position by borrowing 10 SATs to complete the 2nd task for airdrop, you must be wondering how to close the position and get your collateral BTC back.
You should have 10 SATs unless you have used your SATs in stability pool. To close the the position you need extra 2.06 SATs.
Don't worry this guide will help you get those extra sats to close the position, just follow each and every step one by one.
Goto your web3 wallet➡️Home ➡️ Assets ➡️ Manage Tokens ➡️ Search Sat ➡️ Turn on visibility for SAT BEVM(Statoshi Stablecoin).

2. Goto website bevmswap.xyz and connect your binance web3 wallet. Confirm the connection and sign the message in your web3 wallet.
3. Swap From BTC to SAT. Input 2.07 Sat and the equivalent btc amount will be filled automatically. Remember you should swap 2.07 SATs instead of 2.06 SATs just to be on the safe side. Once the swap is complete refresh your binance web3 wallet and a total of 12.07 SATs should appear.

4. Now Goto Discover tab in your web3 wallet ➡️ Search Satoshi Protocol ➡️ Open Dapp ➡️ Connect Wallet

5. Goto Close under Position and you will see you SAT balance 12.07. Next click on Approve. Once the BTC permission is approved wait a few seconds till the Close button is enabled. Now click on close and confirm the Contract Interaction.

And your position is now closed. Go back to your web3 wallet and refresh to you will see your collateral BTC is credited to your wallet.
Note: Total fees required to complete all the above mentioned steps is 0.0001 BTC(~ 7 USDT)
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The NFT project Imaginary Ones is set to leverage Animoca Brands’ expertise and resources to enhance its tokenomics. Additionally, Animoca Brands will assist Imaginary Ones with its “go-to-market strategy,” as stated in the release.

Clement Chia, co-founder of Imaginary Ones, expressed excitement about the collaboration, stating, “Animoca Brands’ support will fast-track our plans in the three areas of utility, coins and development, which will help to unify Web2 and Web3 worlds and build on our promise that if you can imagine it, we can build it.”

As part of the collaboration, Imaginary Ones is planning an airdrop campaign for Imaginary Ones and Imaginary Rides NFT holders. The campaign will distribute the project’s native token, BUBBLE coin, scheduled to launch in Q1 of 2024.

Originally established as an IP company, Imaginary Ones has evolved into a Web3 entertainment company. The project’s inaugural NFT collection sold out in just four minutes in April 2022. Additionally, it partnered with fashion giant Hugo Boss in 2023, becoming the first Asian NFT project to collaborate with an international fashion brand. Furthermore, the project has introduced two web3 games, Bubble Rider and Bubble Rangers.

Yat Siu, co-founder and executive chairman of Animoca Brands, praised Imaginary Ones’ achievements, stating, “Imaginary Ones has built a robust ecosystem, and its collaborations with industry giants such as Hugo Boss and Samsung are a reflection of the company’s visionary approach to help bridge the gap between the Web2 and Web3 industries.”

The announcement follows Animoca Brand’s investment into Imaginary Ones on February 29, 2024. However, the specific value of the investment remains undisclosed.

In addition to partnering with Imaginary Ones, Animoca Brands has also collaborated with BlockPass, a web3 firm developing KYC solutions for decentralized platforms. The partnership, announced on March 15, aims to address concerns related to AI deep fakes and identity theft.

The post Imaginary ones and Animoca brands team up to Elevate Tokenomics appeared first on Koinreport.