The Stratified Foundations as a theory modulo

The Stratified Foundations are a restriction of naive set theory where the comprehension scheme is restricted to stratifiable propositions. It is known that this theory is consistent and that proofs strongly normalize in this theory. Deduction modulo is a formulation of first-order logic with a general notion of cut. It is known that proofs normalize in a theory modulo if it has some kind of many-valued model called a pre-model. We show in this paper that the Stratified Foundations can be presented in deduction modulo and that the method used in the original normalization proof can be adapted to construct a pre-model for this theory.