> For the complete documentation index, see [llms.txt](https://docs.metalex.tech/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.metalex.tech/how-cybercorps-works.md).

# How cyberCORPs works

- [Overview](https://docs.metalex.tech/how-cybercorps-works/explanation.md): Why the protocol is designed as it is, what it relies on in law, and how far MetaLeX's control over a deployed company reaches.
- [Constitutive vs. pointer tokenization](https://docs.metalex.tech/how-cybercorps-works/constitutive-vs-pointer.md): Why a cyberCORP's onchain records can be its legal securities ledger, and what the company's governing documents must say for that to be true.
- [Ledger Entry Tokens and scrip](https://docs.metalex.tech/how-cybercorps-works/lets-and-scrip.md): How a Ledger Entry Token records a holding on the register, how scrip trades apart from it, and where the two meet.
- [Legal mappings across jurisdictions](https://docs.metalex.tech/how-cybercorps-works/legal-mappings.md): Which statutes and governing documents anchor the onchain register for Delaware corporations and LLCs, Cayman and BVI entities, English companies and funds.
- [Compliance architecture](https://docs.metalex.tech/how-cybercorps-works/compliance-architecture.md): Where compliance runs: condition contracts on every legally significant transition, the credentials they read, and the point where scrip becomes a Ledger Entry Token again.
- [Upgrades and what MetaLeX controls](https://docs.metalex.tech/how-cybercorps-works/upgrades-and-control.md): What MetaLeX can and cannot do to a cyberCORP: published implementations, opt-in upgrades, fees, templates, shared contracts, and the owner role the deploying factory keeps.
- [Composability and DeFi](https://docs.metalex.tech/how-cybercorps-works/composability.md): What scrip can do in AMMs, lending markets and vesting contracts, and what its transfer restrictions and compliance powers cost in integrations.
- [Regulatory context](https://docs.metalex.tech/how-cybercorps-works/regulatory-context.md): The US exemptions and SEC staff statements the protocol is built around, and what lies outside it. Not legal advice.


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