# Governance Transaction Notice – Oct 9th

**URL:** <https://forum.pokt.network/t/governance-transaction-notice-oct-9th/4791>\
**Category:** Foundation\
**Created:** [October 10, 2023, 12:05am UTC](https://forum.pokt.network/t/governance-transaction-notice-oct-9th/4791 "2023-10-10T00:05:16Z")\
**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:** [October 10, 2023, 12:05am UTC](https://forum.pokt.network/t/governance-transaction-notice-oct-9th/4791/1 "2023-10-10T00:05:16Z")

</div>

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

# Gateway Fee Burn

188,677.05 POKT of gateway fees was burned ([tx](https://poktscan.com/tx/6B1F5B4106E091CCDAD8158F66E1ADBCF281B51EF27A21706806339EEBFD6AE0)), corresponding with last week’s gateway fees.

# Parameter Changes

## 1. [RelaysToTokensMultiplier parameter change](https://poktscan.com/tx/DB89EFB1A425AC3B856DEE4F405F48CEDEC31C1A66E668EFB26AC87E59FAB8E7)

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 245 (0.000245 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 ~899M, 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/ED9FA4671EC15809F8CCE547915F5F5772327EC637276DDB663B96C5EB4085BA)

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 3.009, reflecting the average bin of servicers.

## 3. [SupportedBlockchains parameter change](https://poktscan.com/tx/25AE666E9DF582D32975639D1194B7B3C7988591234911F1635B2E7C98B0F548)

The following chains were allowlisted:

- scroll-fullnode-mainnet (0082)

# PEP Grants

[PEP-45: Get a GRIP: Group to Review and Improve Proposals](https://forum.pokt.network/t/pep-45-get-a-grip-group-to-review-and-improve-proposals/3634)

- Cryptocorn - [9,025 POKT](https://poktscan.com/tx/3A8D9BE0B5E2B992E9299E231AF838AAEACFB324D9DAE3D50038C3EC6789FBC0)
- Ale dVG - [16,245 POKT](https://poktscan.com/tx/C08AD34C816E5C75DFFF2E051C370046DE934467C590C9D4D13F736A70B86047)
- Zaatar - [7,563 POKT](https://poktscan.com/tx/CC99A7B9B086ABA3C1CDD21E1E7B8343B471DA32648AE36B2B02F2798BE1F965)