Apologies for expanding the conversation to the, er, expanders. But, the TELEXo adds 4 envelopes per unit to the Teletype that it is connected to. In the current firmware they are AD envelopes, with different times (in ms, sec, and min) for attack and release. The āpeakā is set by the CV voltage of the corresponding channel; positive voltages cause envelopes to go up and negative the opposite. The offset command shifts what is considered āzeroā for the envelope.
For example, here is an envelope that goes from 0V to -5V when triggered (the third command):
TO.CV 1 V -5
TO.ENV.ACT 1 1
TO.ENV.TRIG 1
If you want the envelope to rest at 5V and trigger to 0V, you can do this:
TO.CV.OFF 1 V 5
TO.CV 1 V -5
TO.ENV.ACT 1 1
TO.ENV.TRIG 1
You can also cause the end of rise and end of cycle events to fire triggers (on the unit containing the envelope) [TO.ENV.EOR & TO.ENV.EOC operators]. The envelopes can loop [TO.ENV.LOOP operator]. Finally, if you set the CV output to logarithmic mode [TO.CV.LOG], you can get log envelopes of various ranges.
See the command documentation for more information. 
https://monome.org/docs/modular/teletype/manual/#telexo-teletype-output-expander
And the handy command reference: