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System Definition

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System Definition

Modulexo is an on-chain execution and governance infrastructure that standardizes irreversible ERC-20 token recycling, deterministic accounting weight generation, and native value routing into a governed treasury rail.

It is composed of deployed smart contracts that:

  • Register recyclable assets

  • Finalize token surrender via burn routing

  • Allocate accounting units

  • Convert units into normalized accounting weight through native-paid execution

  • Distribute native value proportionally using deterministic ledger math

  • Route defined fee rails into a DAO-governed Fund

Modulexo does not depend on off-chain discretion. All state transitions are enforced by contract logic and emitted through verifiable events.

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Operating Principle

If a claim cannot be verified on-chain, Modulexo does not make it.

All system actions are traceable through:

  • Sponsored / SponsoredReceived (inventory provision)

  • Recycled (execution)

  • Claimed (distribution)

  • AllowanceConsumed

  • AllowanceForfeited

Accounting state is derived exclusively from:

  • recyclableBalance()

  • quoteUnitsToConsume()

  • weightOf()

  • totalWeight()

  • accNativePerWeight

  • claimable()

No interface text overrides contract behavior. The UI reflects contract state; it does not redefine it.

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Scope Limitation

Modulexo is infrastructure.

It does not:

  • Guarantee returns

  • Promise recovery

  • Offer yield

  • Provide investment advice

  • Transfer token ownership upon participation

  • Create entitlement beyond contract-defined accounting

Participation results in:

  • Permanent token surrender (burn routing)

  • Accounting unit allocation

  • Weight-based proportional native distribution

All economic outcomes are strictly determined by contract parameters and usage activity.

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