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Documentation Index

Fetch the complete documentation index at: https://docs.ascend.market/llms.txt

Use this file to discover all available pages before exploring further.

Ascend Liquid Staking
Ascend uses liquid staking. Your $ASCEND stays in your Cardano wallet the whole time, and 100% of the fees the protocol collects are paid out to stakers. Your tokens are never locked in a contract or swapped for a receipt token, you don’t delegate them to a validator, and there’s no waiting period when you want out. Stake or unstake whenever you like, and the change takes effect as soon as your transaction confirms.

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How Staking Works

Ascend Staking Dashboard
1

Connect your Cardano wallet

Open the staking page and connect any Cardano wallet that holds $ASCEND. The first time you connect, your address is registered with the protocol so it can track your stake.
2

Sign a staking transaction

Choose how much $ASCEND to stake and approve the transaction. You’re signing a small on-chain transaction with metadata describing your action: the asset, the amount, your address, and a one-time identifier so it can’t be replayed.The signed transaction has to confirm within 10 minutes or it expires. Your tokens never move. The transaction is just a signed authorization.
3

The protocol verifies on-chain

Once the transaction is in a block, the protocol reads it to confirm:
  • It was signed by the wallet claiming to stake (one of the inputs has to come from your address)
  • The metadata is well-formed and references $ASCEND
  • The one-time identifier hasn’t been used before
Only then is your stake recorded.
4

You're earning, and you can exit anytime

Your wallet is marked as staked, and any further stakes add to your position instead of replacing it. Unstaking is the same flow in reverse: sign a transaction declaring the amount, wait for it to confirm, done.

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How Your Balance Stays in Sync

Because tokens never leave your wallet, the protocol checks twice a day, at 00:00 UTC and 12:00 UTC, that staked wallets still hold what they claim:
  • If your balance is equal to or greater than your staked amount, nothing changes.
  • If it’s dropped below, your stake is reduced to whatever you currently hold.
  • If it’s zero, the wallet is marked fully unstaked.
Rewards are always calculated against what you actually hold.