Ok, please help me understand this.

ETHD was a fork of ETH with lower cap and its own blockchain.

WHY ON EARTH WOULD THERE BE A ERC20 SWAP?

The contract code is pure standard, anyone could create a standard token like that in less than 30 seconds.

WHAT GIVES ETHD INTRINSIC VALUE??

A ERC20 token is worthless without being a utility or own a real stake in something somehow.