> For the complete documentation index, see [llms.txt](https://ark-defai.gitbook.io/ark/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ark-defai.gitbook.io/ark/4.-layer-1-or-economic-laws-of-ark-defai/4.3-arks-two-major-economic-support-systems/4.3.2-ats-module-or-ark-treasury-system/iii.-module-functional-characteristics.md).

# III. Module Functional Characteristics

Autonomous Liquidity Management

* All incoming and outgoing funds are uniformly controlled and recorded via smart contracts
* Supports layered asset accounting logic (such as market value vs. withdrawable vs. staked asset pools)

#### Token Issuance Support Calculation Foundation

* Parameters like Backing Price, Premium, and Max Emission all use ATS as their computational base
* Security boundaries for all new token issuances must pass ATS value verification (in conjunction with MCL module)

#### Reinvestment and Value Amplification Mechanism

* Income from LP, lending, and external earnings are automatically allocated proportionally to:
  * YRF module as buyback fund pool
  * RBS as capital buffer to defend price floor
  * DAO governable strategic deployment module