Governance Transaction Notice – 5th August 2024

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

Gateway Fee Burn

211,842.07 POKT of gateway fees was burned (tx) corresponding with last two 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 372 (0.000372 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 ~590,758,339.14, 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.

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