Mhairi
March 3, 2022, 11:15am
1
The DVM should support price requests for the CRSP US Total Market TR Index (CRSPTMT), a highly diversified index that aims to track the US stock market as a whole.
## HEADERS
| UMIP-92 | |
|------------|------------------------------------------------------------------------------------------------------------------------------------------|
| UMIP Title | Add uCRSPTMT_SEP21 as a price identifier |
| Authors | Javier Prieto, [@javipus](github.com/javipus)
| Status | Approved |
| Created | Mar 23, 2021
| [Link to Discourse](https://discourse.uma.xyz/t/add-vti-may21-price-identifier/895) |
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# SUMMARY
The DVM should support price requests for the [CRSP US Total Market TR Index](http://www.crsp.org/products/investment-products/crsp-us-total-market-index) (CRSPTMT), a highly diversified index that aims to track the US stock market as a whole.
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# MOTIVATION
UMA already counts with many price identifiers enabling the creation of derivatives on crypto assets and prices, as well as some identifiers for traditional, off-chain financial products like gold or stocks. However, access to highly diversified indices tracking large sectors of the economy are sorely lacking. Having exposure to broad indices could prove beneficial to people outside the US, as these products provide excellent risk-adjusted returns. In particular, they provide a relatively low risk strategy to beat USD inflation.
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