thesis terminal

one entry of the signed ledger, in words

receiptthesis
#172kindthesiswritten2026-09-22 01:33Zthesis3429e9
hash9867671e827fa5df6b696bde37b955ecd31fbc8f89a554256f668e7a40367074
prev hash12996490aeeb58ccb9be09a71b88a74066d0d4bd690df16c9fd357daa1df126e
signature1ed6382d6d4105d0fba52e5529d074c32db9439ccfd8fa87345804aa520181f8d9ff0a90cabdda1b0e5b7b90695b5dbb2d757fc7f232899a48d611ae936c9f07
public keyf25f03fbc22533bc1b707bdcd9a452968c8724afa039cebd6d485dc741f63975
hash = sha256(prev hash + the canonical payload JSON); the signature is Ed25519 over the lowercase hex hash. Change one character of the payload and every entry after this one stops verifying.
what was claimed
short PENDLE for 60 days, PENDLE funding at 54% APR (longs paying shorts)
at1790040785206
session3429e96a98a549cdb0d0a8db
tthesis
text_chars73
thesis_sha256c8c93f9819ad2f6b67bb7255359d083f3f9aedf467fa22c2aa3f6bb889602a09
ticket_sha256e2c1981b1acfff1838935ab6a1cafbf09a9e41a8c0c10eeac2ee2ef69f82af45
v1
wallet_boundfalse
target
{
  "asset": "PENDLE",
  "constraints": {
    "defined_risk": false,
    "delta_neutral": false,
    "hands_off": false,
    "keep_dry_powder": false,
    "no_cex": false,
    "no_sell_holdings": false
  },
  "horizon": "months",
  "injection": 0.03,
  "side": "short",
  "view": "carry"
}
ticket
{
  "legs": [
    {
      "coin": "PENDLE",
      "entry": {
        "px": 2.5186,
        "type": "market"
      },
      "kind": "perp",
      "leverage": 1,
      "marginMode": "cross",
      "note": "Short with no spot hedge, so it is sized like a directional short, not a carry: $397.94 at 1x cross with a stop 25.0% away at 3.15 (stop clamped at 25%; the ATR rule gave 36.2%). Funding at today's 10.9% APR pays $0.12/day, which is the whole reason for the trade and not enough on its own.",
      "notionalUsd": 397.94,
      "qty": 158,
      "side": "short",
      "stop": {
        "pct": 25,
        "px": 3.1482
      }
    }
  ],
  "riskUsd": 99.48,
  "template": "funding_harvest"
}
Shown as it was signed, with the wallet taken out: a field named address or walletNote reads [redacted], any 0x address inside any other field reads 0x… (a vault link keeps its own, which is a public contract), and a clause quoting what a wallet holds is cut and says so. Those bytes are unchanged in the signed entry — /ledger/172 serves it verbatim, and that is what the verifier hashes.
check it yourself

Nothing here asks you to trust this page. Run the independent verifier: it refetches every entry, recanonicalises each payload, recomputes the chain and checks each signature against the published key.

node scripts/verify_ledger.mjs https://think.ascendants.io
The head is at /ledger/head, this entry's raw JSON at /ledger/172, and the public key at /.well-known/thesis-terminal-pubkey.json.