ASCEND PROTOCOL OVERVIEW
Ascend Protocol combines regulated origination with on‑chain issuance and permissioned vault infrastructure to unlock institutional assets on public rails. Issuers tokenize assets under ERC‑3643 with identity and claims; qualified holders can pledge those tokens as collateral for vaults and receive permissionless tokens or borrow stablecoins. Chainlink CRE streams NAV, Proof‑of‑Reserves, ratings, and quantitative risk metrics to contracts, enabling dynamic LTVs, health monitoring, and permissioned liquidation by authorized entities. This architecture blends the protections of traditional finance with the openness of blockchain, making markets faster, more transparent, and more accessible without compromising regulatory integrity.
ASCEND PROTOCOL STACK
From regulated issuance to DeFi utility
A single, institution-grade stack that takes assets from compliant creation to usable liquidity. Identity-bound tokens are issued, risk-managed, and financed under policy controls, while oracle data and interoperability provide transparency and reach. The result: regulated assets that can move, be priced, and funded on public rails, without compromising compliance.
From regulated issuance to DeFi utility — the Ascend Protocol stack
Primary Market
Issue & tokenize identity‑bound securities with registries, claims, transfer rules, subscriptions, redemptions, and admin workflows. Data (NAV, PoR, ratings) is published on‑chain via oracle rails.
Credit Lending Facility
Qualified holders pledge ERC-3643 permissioned tokens; permissioned vaults enforce risk settings and service loans with continuous health monitoring.
Stablecoin Marketplace
Multiple issuers can bid to lend against RWA collateral, providing borrowers with a choice of rates and terms, as well as diversification.
Oracles & Interoperability
Chainlink CRE for NAV/PoR/risk; CCIP for cross‑chain distribution. Privacy Chain/Mainnet options support privacy where required and public composability where beneficial.
Borrow & Lend
Turn tokenized holdings into working capital.
Vaults enable qualified, KYC-verified holders of permissioned assets to receive permissionless vault tokens or borrow stablecoins against their positions. Identity and compliance are enforced at the vault; real‑time risk data sets LTVs; and any resolution is handled through authorized, permissioned liquidations, all designed for sophisticated investors and institutional use.
UTILITY
Unlock liquidity without selling the underlying.
DEFI COMPOSABILITY
Permissionless tokens and stablecoins can be routed to DeFi strategies and venues.
CONTROLS
KYC/claims‑based access, policy‑driven LTVs, permissioned recovery.
REAL-TIME INFORMATION
Continuous, on‑chain visibility into collateral and vault health.
Licensed origination. On‑chain issuance. Identity‑gated vaults. The Ascend Protocol turns institutional assets into usable liquidity, without compromising compliance.
Transparency & Disclosure
Data is a feature. Vaults publish NAV, collateral vs. debt, insurance coverage, redemption activity, and stress signals via oracles and on‑chain dashboards. Smart contracts undergo independent audits before production, with module‑level reviews (identity, access control, liquidation) scheduled as features expand. Disclosures and audit artifacts are shared with counterparties and regulators as appropriate.