A swap is a derivative contract through which two parties exchange the cash flows or liabilities from two different financial instruments. Most swaps involve cash flows based on a notional principal amount such as a loan or bond, although the instrument can be almost anything. Usually, the principal does not change hands. Each cash flow comprises one leg of the swap.
KIWI SWAP is a sub-ecosystem in KIWI DEFI ecosystem whose main objective is to facilitate financial transactions and offer lower fees for businesses. KIWI SWAP specializes in financial services that can be done through smart contracts such as time-released payments, token locks, event release, cross-chain swaps, and other DEX solutions.
Initially, KIWI SWAP provides these services within the TRON blockchain. The high throughput on TRON has been achieved by improving the Transaction per Second (TPS) speed. The TPS on TRON is higher than that of Ethereum and Bitcoin. It helps to ensure that TRON is a practical blockchain platform for daily transactions with more than 2000 TPS
KIWI SWAP was launched with the aim of offering more features, but above all, to strengthen the security of the exchange. On the other hand, KIWI SWAP will be fully decentralized through the use of KIWISAP working nodes.