In category theory, a monoidal monad is a monad on a monoidal category such that the functor
is a lax monoidal functor with
and
as coherence maps, and the natural transformations
and
are monoidal natural transformations.
By monoidality of, the morphisms and are necessarily equal.
This is equivalent to saying that a monoidal monad is a monad in the 2-category MonCat of monoidal categories, monoidal functors, and monoidal natural transformations.
Read more about Monoidal Monad: Properties