{
  "meta": {
    "family": "TWIN-Equities",
    "date": "22 Oct 2026",
    "iso": "2026-10-22",
    "version": "v1.1",
    "asOf": "Weekday print. QQQon stamped 21 Oct 2026 (RWA.xyz). Same book as birth.",
    "note": "Thursday. Issuer mint live. No pause published. $34m / 24,211 unchanged. Basis still path. DEX up is not the rail.",
    "homeCondition": "Watch → Redemption Open. QQQon unchanged. Basis still path."
  },
  "instruments": [
    {
      "id": "qqqon",
      "ticker": "QQQon",
      "name": "QQQon",
      "klass": "QQQon",
      "twin": "Listed Invesco QQQ Trust. Cash print is the blade.",
      "title": "Token = receipt against the wrapper. Not the ETF share. Not a shareholder.",
      "cash": "USDC via the Ondo issuer mint.",
      "clock": "Issuer mint. RWA.xyz stamps Instant. Published as 24/5 on the asset page. A 24/7 claim is not the weekend word until it is stamped as the primary.",
      "exit": "Primary is the Ondo issuer mint. Do not list a DEX, a CEX, or a secondary book as the exit.",
      "redemption": "Open",
      "redemptionNote": "Issuer mint live this session. Instant on the published rail. No pause published. A DEX being up is not the state.",
      "pledge": "Not scored. No published pledge window on this stamp.",
      "crowd": "Looked-up. 24,211 public holders on $34m. 3,245 addresses active in 30 days. Unchanged from 21 Oct.",
      "basis": "Path. Token NAV $722 versus cash QQQ last close $717.63 (20 Oct). No live spread stamped.",
      "line": "cash: USDC · exit: issuer mint · crowd: looked-up · basis: path",
      "status": "watch",
      "changed": [],
      "statusNote": "Watch → rail conducts. Basis is the blade. Crowd is not the weak channel.",
      "public": {
        "value": "$34m",
        "holders": "24,211",
        "active30d": "3,245",
        "source": "RWA.xyz as of 21 Oct 2026, printed 22 Oct"
      }
    }
  ]
}