The KUMASwap allows users to sell KUMA NFTs in exchange for KIBT using sellBond, and buy KUMA NFTs with KIBT using buyBond. The KUMASwap contract is responsible for:
Ensuring KIBTokens backing by :
Minting KIBToken upon KUMA NFT sale
Burning KIBToken upon KUMA NFT sale purchase
Generating fee income for the KUMADAO.
There is one KUMASwap contract per existing risk category similar to the KIBToken .