System Taxonomy

The System Taxonomy provides the structural context needed to interpret a system and its token. It describes the system boundary, operating model, value creation, value capture and routing, and governance.

Boundary

The system boundary defines what the profile is describing as the system.

In a profile, the boundary should be expressed through the System Description. That description should make clear what is inside the boundary, which components and participants are materially relevant to the delivery and operation of the system, and what sits outside the boundary where that exclusion matters for interpretation.

On-chain components are generally in scope. Off-chain components are included only where they are material to the delivery or access of the core service, value creation, value capture or routing, or binding decision rights over an in-boundary component.

Generic marketing sites, documentation sites, and non-exclusive community interfaces are outside the boundary by default.

Materially relevant transferable tokens other than the profiled token may be listed in Other Tokens in the System. This is used to capture tokens that are materially relevant to the operation, structure, or interpretation of the system as described by the boundary.

Non-transferable credits created solely by burning, locking, or converting another token are treated as mechanisms, not independent tokens for classification. Wrappers are treated as representations of the underlying token.