# Imagine The SMEL (SMEL)

- **Type:** Index DTF
- **Chain:** ethereum (id 1)
- **Contract address:** `0xf91384484f4717314798e8975bcd904a35fc2bf1`
- **Annual fee:** 0.25%
- **Page:** https://app.reserve.org/ethereum/index-dtf/0xf91384484f4717314798e8975bcd904a35fc2bf1/
- **Tags:** DeFi, Stablecoins, LST

## Description

An equal weighted basket with monthly rebalancing aimed at outperforming the Galaxy DeFi index through exposure to a concentrated set of SMEL assets

## Basket constituents

`SKY` (0x56072C95FAA701256059aa122697B133aDEd9279), `MORPHO` (0x58D97B57BB95320F9a05dC918Aef65434969c2B2), `mooMorpho-Smokehouse-wstETH` (0x63a936Cc9740126f21eC8144aCfF22C2Ff89149c), `LDO` (0x5A98FcBEA516Cf06857215779Fd812CA3beF1B32), `mooMorpho-Smokehouse-USDC` (0x562Ea6FfFD1293b9433E7b81A2682C31892ea013)

> Volatile values — current basket weights, price, TVL, market cap, performance —
> change over time. For live data call `https://api.reserve.org/discover/dtf?chainId=1`
> or use the [`@reserve-protocol/dtf-cli`](https://app.reserve.org/skills/dtf.md) skill.