Mhairi
March 3, 2022, 11:35am
1
The DVM should support price requests for an updated basket of stocks that represent the top ten tickers with the most comment volume on r/wallstreetbets. These ten stocks will be equally weighted to create an index named uSTONKS.
## Headers
| UMIP-109 | |
|------------|------------------------------------------------------------------------------------------------------------------------------------------|
| UMIP Title | Add uSTONKS_0921 as a price identifier |
| Authors | Ross (ross@yam.finance) |
| Status | Approved |
| Created | June 11, 2021
| Discourse Link | https://discourse.uma.xyz/t/add-ustonks-0921-price-identifer/1195 |
## SUMMARY
The DVM should support price requests for an updated basket of stocks that represent the top ten tickers with the most comment volume on r/wallstreetbets. These ten stocks will be equally weighted to create an index named uSTONKS.
## MOTIVATION
Update the existing uStonks Price identifier (UMIP-79) used by the DMV to support a new basket of stocks based on the current sentiment on the r/wallstreetbets subreddit.
Financial markets should be universally accessible — unrestrained by censorship, pre-existing financial and social capital, or nationality. With the uSTONKS price identifier synthetic tokens can be created which will allow anybody to obtain exposure to the basket of stocks in a decentralized way. This will allow unrestricted trading 24 hours a day, 7 days a week.
## MARKETS & DATA SOURCES
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