Add ERC: Interest Rate Swaps

ERCS/erc-xxxx.md

@@ -0,0 +1,52 @@
+---
+title: Iterest Rate Swaps
+description: This interface defines a specification by which two parties enter a financial derivative contract to exchange interest rate cash flows over a specified period
+author: Samuel Gwlanold Edoumou (@Edoumou)
+discussions-to: https://ethereum-magicians.org/t/interest-rate-swaps/17777
+status: Draft
+type: Standards Track
+category: ERC
+created: 2023-12-31
+---
+
+## Abstract
+
+This proposal introduces a standardized framework for on-chain interest rate swaps. The proposed standard aims to facilitate the seamless exchange of fixed and floating interest rate cash flows between parties, providing a foundation for decentralized finance (DeFi) applications.
+
+## Motivation
+
+In progress...
+
+## Specification
+
+In progress...
+
+The key words "MUST", "MUST NOT", "REQUIRED", "SHALL", "SHALL NOT", "SHOULD", "SHOULD NOT", "RECOMMENDED", "NOT RECOMMENDED", "MAY", and "OPTIONAL" in this document are to be interpreted as described in RFC 2119 and RFC 8174.
+
+## Rationale
+
+In progress...
+
+TBD
+
+## Backwards Compatibility
+
+In progress...
+
+No backward compatibility issues found.
+
+## Test Cases
+
+In progress...
+
+## Reference Implementation
+
+In progress...
+
+## Security Considerations
+
+In progress...
+
+## Copyright
+
+Copyright and related rights waived via [CC0](../LICENSE.md).