# Governance Transaction Notice – Sep 18th

**URL:** https://forum.pokt.network/t/governance-transaction-notice-sep-18th/4739
**Category:** Foundation
**Created:** [September 18, 2023, 7:58pm UTC](https://forum.pokt.network/t/governance-transaction-notice-sep-18th/4739 "2023-09-18T19:58:50Z")
**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: [September 18, 2023, 7:58pm UTC](https://forum.pokt.network/t/governance-transaction-notice-sep-18th/4739/1 "2023-09-18T19:58:51Z")

</div>

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

# Gateway Fee Burn

201,260.34 POKT of gateway fees was burned ([tx](https://poktscan.com/tx/DD338673812E1AF2607D62D3360C9DD484F3D3DE422E4EF04D6488AB9128A08A)), corresponding with last week’s gateway fees.

# Parameter Changes

## 1. [RelaysToTokensMultiplier parameter change](https://poktscan.com/tx/214C7ABC6512AC357BADCE693A9F166FE9DAE99F72A6C81933016002B5AC0097)

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 246 (0.000246 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 ~893M, 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/E03DF75162D1EAE09EE2EC8E00B91AB8A3318CEB0B98AE705ED9C7242D30D44F)

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 3.015, reflecting the average bin of servicers.

## 3. [SupportedBlockchains parameter change](https://poktscan.com/tx/74091B908995675382595BA237A89BEBC2FB6913B4F151F53E143DB4B6EEE60F)

The following chains were allowlisted:

- Holesky-fullnode-testnet (0081)
