Ascend Staked 0G

Ascend is a liquid staking protocol on 0G, a Layer 1 blockchain for on-chain AI with data availability, storage and compute secured by a proof-of-stake validator set. Users deposit 0G into the Ascend vault and receive a0G, an ERC-20 token that represents a share of the staked position.

The deposited 0G is delegated to 0G validators and the staked position is additionally deployed into Symbiotic, a restaking protocol. Staking rewards are collected by an operator process and added to the vault, which raises the amount of 0G each a0G can be redeemed for.