Well first I wanna know if I have the term modulation right. I think a saw a video that said modulation is when you apply one waves form to another one? I understand lfos are used to make like a pulsing effect to sounds because the wave forms follows the lfos shape. So i'm guessing if you are modulating one wave form with another wave form that isn't an lfo , since it's oscillation is really fast you end up with a whole new sound.