Governance Transaction Notice – 13th August 2024

The following transactions were executed this week on behalf of the DAO.

Gateway Fee Burn

78,368 POKT of gateway fees was burned (tx ) corresponding with last week’s gateway fees. See the distribution of per-gateway relays here .

Parameter Changes

1. RelaysToTokensMultiplier parameter change

Following PUP-32: ARR, we have updated the RelaysToTokensMultiplier parameter value to 505 (0.000505 POKT/relay) to target a fixed daily emissions value of 220k POKT.

This was calculated based on a Trailing 7-day Avg Daily Relays of ~435,583,046, using this calculator . Note that we are doing weekly updates and using a 7-day trailing average, following PUP-29: ACCURATE.

2. ServicerStakeWeightMultiplier parameter change

Following PUP-21, we have adjusted the SSWM parameter to 3.19, reflecting the average bin of servicers.

DAO Payments

  • c0d3r for PIP-32 and PIP-33 contributions (tx )
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