Data Feeds: Ondo — SVR, manual unpause verification, and Data Streams equity leg#3690
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Adds a short Smart Value Recapture (SVR) section to the Ondo tokenized equity page. Explains that primary mint/redeem can be permissioned while on-chain hold and liquidations are open, and that SVR liquidator participation can include teams with primary access—so SVR is used for these feeds in production when the primary market is not public to all. Made-with: Cursor
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Adds manual pre-unpause verification: new sValue × Data Streams 24/5 equity (same v11 leg as DON) vs frozen token price. Documents where to obtain the stream (v11, tokenized equity FAQ, config/ops, Ondo/CL). Retains short SVR section for permissioned primary / open on-chain use. Made-with: Cursor
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Summary
Updates the Ondo tokenized equity feeds page with three additions:
Smart Value Recapture (SVR) — Short note on why SVR is used for Ondo on-assets: permissioned primary mint/redeem can coexist with open on-chain hold and liquidation; SVR’s liquidation ecosystem can include teams with primary access, so these feeds use SVR in production when the primary market is not public to all.
Manual verification before unpausing (corporate actions) — Explicit operator checklist: take the new sValue, multiply by the current underlying equity leg, and compare the implied token (TR) value to the frozen token price at pause; they should align (subject to Ondo’s tolerance) before the pause is cleared.
Where to get the equity price — States that the leg is the same Data Streams 24/5 (v11) input the DON already uses, with links to the v11 report schema and the tokenized equity FAQ on how market data is sourced; use stream + session from feed config / ops monitoring, or Ondo/Chainlink for the mapping.
Why
Recurrent partner/Slack questions (SVR + primary issuance) and internal ops need a single public place for unpause criteria and for how to resolve the underlying equity input for manual checks.
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