daoSOL Price

MonkeDAO (DAOSOL) is a cryptocurrency launched in 2021. The token anchors a community-run staking pool on Solana that redistributes deposited SOL across a handpicked roster of validators.

The pool addresses a specific structural friction in Solana’s staking landscape: validator centralization and the underrepresentation of DAO treasuries. By aggregating stake and splitting it among ecosystem-aligned validators, the mechanism dilutes the influence of any single large node operator. It also transforms a passive network security action into a coordinated, multi-DAO resource allocation exercise. Stakers receive double rewards, funded by validator commission shares and directed incentive boosts.

MonkeDAO operates on the Solana network. Execution inherits Solana’s low-latency finality and sub-cent transaction costs, removing the overhead that might otherwise deter small-scale depositors from participating in a curated delegation model.

The asset is a native Solana Program Library (SPL) token, live at the on-chain identifier GEJpt3Wjmr628FqXxTgxMce1pLntcPV4uFi8ksxMyPQh. It integrates with 13 active trading venues, including automated market makers and orderbook exchanges, where it can move against other Solana-native pairs. The token contract carries no minting or freeze authority beyond the pool’s programmed logic, leaving supply adjustments entirely rule-bound.

The MonkeDAO collective shepherded the project into existence, deploying the token on December 18, 2021. No single founder emerged to claim credit; the launch was a product of grassroots coordination inside Solana’s nonprofit and degensphere. Early adoption grew through word-of-mouth among DAO treasury managers looking for a non-extractive way to park idle SOL while simultaneously supporting peer organizations.

The mission stretches beyond mechanical yield. The pool was designed to showcase that crypto incentives can be structured to reward public goods and community resilience rather than pure extraction. By making validator selection a deliberate, values-driven process, the initiative positions itself as a template for how staking infrastructure can double as a coordination layer for decentralized autonomous organizations.

Users deposit SOL into the DAOPool smart contract and receive DAOSOL tokens in return. These tokens function as a liquid receipt, programmatically accruing staking rewards while remaining transferable across Solana’s DeFi rails. The pool contract continuously compounds the underlying rewards, meaning the exchange rate between DAOSOL and SOL trends upward over time without requiring manual claims.

Holding DAOSOL gives the bearer immediate exposure to a diversified basket of Solana validators without needing to research or rotate delegations manually. The token can be supplied in lending protocols, used as collateral where supported, or traded back to SOL on secondary markets to capture yield without an unbonding delay. Validators selected by the pool gain a sticky, mission-aligned stake weight that lowers their dependence on mercenary capital.

DAOSOL has a maximum supply of 200,000 tokens. Currently, 0 are in circulation, while a total supply of 59,255.00 tokens has been minted. With a market capitalization of $0, MonkeDAO ranks #6,193 among all cryptocurrencies.