KUMASwap

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:

1. Ensuring KIBTokens backing by :

   • Minting KIBToken upon KUMA NFT sale

   • Burning KIBToken upon KUMA NFT sale purchase

2. Generating fee income for the KUMADAO.

There is one KUMASwap contract per existing risk category similar to the KIBToken .