uSTONKS-0921

Expires on Oct. 1, 2021 00:00:00 UTC

Token Address: 0xad4353347f05438ace12aef7acef6cb2b4186c00 https://etherscan.io/address/0xad4353347f05438ace12aef7acef6cb2b4186c00 Exchange Address (Sushiswap): https://analytics.sushi.com/pairs/0xb9292B40cab08e5208b863ea9c4c4927a2308eEE Pair is created in an equal ratio (50:50) with USDC UMA ExpiringMultiParty (EMP) Contract: 0x799c9518Ea434bBdA03d4C0EAa58d644b768d3aB https://etherscan.io/address/0x799c9518ea434bbda03d4c0eaa58d644b768d3ab This is where the collateral is held and thus provides "Total Value Locked" Collateral: USDC

Token specifications

TOKEN SPECIFICATIONS	DATA
Price Quotation	USDC
Token Unit	1 point on the index = 1 USDC
Settlement Date	16:00 EST on September 30th, 2021
Settlement Price	NYSE and NASDAQ exchange closing prices on June 30 2020 for each ticker will be used to calculate the uSTONKS index value (which is based at 100 off June 15th, 2021 exchange close prices).
Liquidiation Price	2-hour Time Weighted Average Price (TWAP) of synthetic token
Collateral	USDC
Min Collateral Ratio	1.25

Index Composition and Performance Data

uSTONKS-0921 consists of the ten tickers below. This token bases its index off of the June 15th, 2021 exchange close prices.

TICKER	STOCK PRICE ON INDEX DATE	BASE INDEX VALUE
AMC	59.04	10.00
BB	13.99	10.00
GME	222.50	10.00
CLNE	11.11	10.00
CLF	22.86	10.00
UWMC	9.81	10.00
SENS	3.69	10.00
SPY	424.48	10.00
CLOV	13.77	10.00
WKHS	14.15	10.00

You can see the construction of the index in the table and also how the index has performed over the last weeks in the chart. We created a simple Google Sheet to illustrate the calculations. The GOOGLEFINANCE functions in the sheet can be copied for one’s personal use in monitoring this index value.