ðïļShell DAO Permissions
The Shell DAO has limited control over the protocol
The Shell DAO (and by extension the Shell DAO Multisig) has limited control over the protocol. It cannot manipulate or confiscate user assets (Shell is 100% non-custodial), freeze the protocol (users can always withdraw their assets at any time), or block new primitives or adapters from connecting (anyone can build and deploy on Shell).
Things the Shell DAO can do
Officially, there are only seven things the Shell DAO can do.
Raise or reduce the protocol fee (i.e. the unwrap fee on the Ocean) (maximum fee is 0.05%)
Change the protocol "owner" aka beneficiary to another wallet
Transfer tokens held in the DAO Treasury
Mint new SHELL tokens
Add/remove signers on the Shell DAO Multisig
Modify DAO voting procedures
Change the sole user followed by the Shell Protocol Twitter account
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