When I was a funny-looking high school freshman (1959-1960) we were given a writing assignment in General Science class – something that involved some degree of “technical research.” I was by then way into being an “aficcion e cognizento” of international motor sports, and chose the topic of tire grip. I wrote to everyone I favored – Pirelli, Dunlop, Avon, Michelin, etc. (I wasn’t into Goodyear or Firestone). I actually got a lot of useable stuff back, including a translated copy of a treatise written by racer/engineer Piero Taruffi, PhD. It concerned the lateral deflection of the then new Michelin X (radial) tires. At that point, bias-ply tires were the norm. Taruffi wrote that even with lateral deflection (during hard cornering), the radial tread remained parallel to the road surface if suspension lean wasn't a factor (i.e. De Dion or solid axle), due to the sidewall construction. The bias-ply tires would “roll-off” to some extent.
Thus, in reference to a true De Dion rear suspension, I am convinced that the smart’s mild negative camber is to compensate for body roll amd high-weight transfer.
N.B. Yah, I’m probably still funny-looking.