The purpose of the Lens Protocol is to empower creators to own the links between themselves and their community, forming a fully composable, decentralized social graph. This is achieved by allowing users to create profiles and interact with each other via these profiles. “Profile” (as used here) refers specifically to Lens profiles; “user” refers to standard crypto-wallets.
The protocol is built from the ground up with modularity in mind. Lens Protocol is currently overseen by a multisig, which will be expanded to a broader DAO, which can develop and vote on new modules and expanded functionality.