> For the complete documentation index, see [llms.txt](https://docs.clipper.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.clipper.exchange/introduction/dao-governance.md).

# DAO Governance

[AdmiralDAO](https://www.admiraldao.xyz/) is a decentralized autonomous organization [governed by the community](/governance-token/community-governance.md) and supported by Admiralty LLC, a non-profit member-managed LLC [domiciled in the Marshall Islands](https://www.shipyardsoftware.org/post/shipyard-dao-marshall-islands?ref=blog.clipper.exchange). The DAO controls a multisig wallet with several signers.

For more on AdmiralDAO, please visit the [AdmiralDAO docs](https://docs.admiraldao.xyz/introduction/admiralty).