Bankless DeFi Innovation Index is a simple composite index including promising early-stage DeFi projects. The index focuses on high growth, early-stage DeFi projects which are not yet considered “blue chip”. GMI produces an optimal weighting via the use of a combination of square-root market cap, relative secondary market liquidity, and relative token dilution/emission scoring. The Bankless DeFi Innovation Index (GMI) utilizes an indexing strategy to offer broad, diversified exposure in a single token. The index will be represented by a fully collateralized ERC20 token and will be available for purchase on Uniswap v3, TokenSets, & More.