Before revision:  Since one limitation of hybrid models is the unavailability of analytical pricing formula  of variance swaps  due to the non-affinity property , we obtain an efficient semi-closed form pricing formula of variance swaps for an approximation of the hybrid model via the derivation of characteristic functions.
After revision:  Since one limitation of hybrid models is the unavailability of analytical pricing formula of variance swaps due to the non-affinity property embedded in the model itself. We address this issue by obtaining an efficient semi-closed form pricing formula of variance swaps for an approximation of the hybrid model via the derivation of characteristic functions.