# Governance Transaction Notice – April 11th

**URL:** https://forum.pokt.network/t/governance-transaction-notice-april-11th/5191
**Category:** Foundation
**Created:** [April 12, 2024, 3:57am UTC](https://forum.pokt.network/t/governance-transaction-notice-april-11th/5191 "2024-04-12T03:57:31Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![JackALaing](https://forum.pokt.network/user_avatar/forum.pokt.network/jackalaing/32/39_2.png) [@JackALaing](https://forum.pokt.network/u/JackALaing)
#### Post date: [April 12, 2024, 3:57am UTC](https://forum.pokt.network/t/governance-transaction-notice-april-11th/5191/1 "2024-04-12T03:57:31Z")

</div>

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

# Gateway Fee Burn

10,793.07 POKT of gateway fees was burned ([tx](https://poktscan.com/tx/FF21E8EE8574906BEF6AC94A11515A8078F552487EC94E0377DDD66D40A310A4)) corresponding with last week’s gateway fees:

- Grove - 8,287.84 POKT
- Nodies - 2,505.23 POKT

# Parameter Changes

## 1. [RelaysToTokensMultiplier parameter change](https://poktscan.com/tx/262C95C7F977A7527E75CCCFE9F527D956296818A7A190BE8CC1690FE4E6560A)

Following [PUP-32: ARR](https://forum.pokt.network/t/pup-32-accelerating-the-road-to-revenue-arr/4494), we have updated the RelaysToTokensMultiplier parameter value to 485 (0.000485 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 ~454M, using [this calculator](https://docs.google.com/spreadsheets/d/1wB68m64SjYvWrvfgXyHBbWn0N3QINp8WDMgNVtErJKE/). Note that we are doing weekly updates and using a 7-day trailing average, following [PUP-29: ACCURATE](https://forum.pokt.network/t/pup-29-a-cadence-change-to-updates-of-rttm-adjustment-for-target-emissions-accurate/3777).

This results in an Effective Annual Emissions of 4.9%, relative to the total supply of ~1.64B recorded on July 10th (the date of the first ARR transaction).

## 2. [ServicerStakeWeightMultiplier parameter change](https://poktscan.com/tx/9CB7E9B0A20924EC56FE822EFA1028054436BE4DE8DC0D6E8F909FDAA3E36083)

Following [PUP-21](https://forum.pokt.network/t/pup-21-setting-parameter-values-for-the-pip-22-new-parameter-set/3200), we have adjusted the SSWM parameter to 3.20, reflecting the average bin of servicers.

## 3. [SupportedBlockchains parameter change](https://poktscan.com/tx/3DC72C4BAA6657DA58A4EB732CC9DC608C9BD9AFF84B4FEC6D2E8A884B5AD619)

The following chains were allowlisted:

- amoy-testnet-archival A085
- arbitrum-sepolia-archival A086
- optimism-sepolia-archival A087

# DAO Payments

- MODS Grants [tx](https://poktscan.com/tx/E3989AA7E656FE5561035385BDDC716F0D5140C5A0AF872357FA7317B0A6E8D5)
- POKT News ANON payment [tx](https://poktscan.com/tx/9EE43F9A291E26AF5FA669724AD3DAFD2FF8DE3911EABD767CC891308927293A)
- PEP-68 reimbursement to ERA Allocation [tx](https://poktscan.com/tx/49A19DDD671BEFA6F719357618A4D50E3832CC158B72F763E637676C87789FF6)
- Messari 4th instalment reimbursement to ERA Allocation [tx](https://poktscan.com/tx/85E3296552E6621D719E69EE485277D391054F7E4A7D033707B0C1B37D58FF16)