Modules can now be permanently unlocked and upgraded at Ascension, and all skill points can be retained.
Also the [Damage Diamond] effect becomes a damage bonus, with all damage bonuses calculated in a separate multiplier zone.
The damage formula: Attack x (1 + Attack Bonus) x (1 + Damage Bonus)
[v1.0.8] Update About Ascension
Source: Steam Community (opens in a new tab)