Guacamole (GUAC) is a digital asset based on the Solana blockchain, originally launched as a meme coin. It signifies a combination of decentralised finance (DeFi) innovations with community reward mechanisms, an approach termed "MemeFi".

The Guacamole ecosystem utilises GUAC in several ways. It serves as a governance token within the AvocaDAO, a decentralised autonomous organisation governed by democratic voting. The token also has applications in staking, trading fee rebates, and liquidity incentives. Through its first application, GUAC.GG, the token integrates into crypto-powered consumer applications, allowing users to earn and spend rewards in collaboration with various partners and integrations. This includes tie-ups with platforms like OKX and Bybit, enhancing reward offerings and enabling purchases with crypto. Furthermore, Guacamole's DeFi suite provides an array of tools for activities such as exploring, trading, earning, playing, launching, and more.