If the exploit can change a protected system wide setting, bet it can be used for more nefarious things as well like deleting or editing protected system files.
More specifically, this app is using exploit CVE-2022-46689 (https://cve.mitre.org/cgi-bin/cvename.cgi?name=2022-46689), which allows to execute arbitrary code with kernel privileges. However, the tool is published as open-source code (https://github.com/zhuowei/WDBFontOverwrite), so everyone can check what it actually does.
The tool is just a public proof-of-concept project for how to exploit this CVE. People are making a mountain out of a molehill in this thread.