# Governance Transaction Notice – Sep 25th

**URL:** https://forum.pokt.network/t/governance-transaction-notice-sep-25th/4776
**Category:** Foundation
**Created:** [September 26, 2023, 2:35am UTC](https://forum.pokt.network/t/governance-transaction-notice-sep-25th/4776 "2023-09-26T02:35:03Z")
**Posts on this page:** 1
**Page:** 1

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### 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 26, 2023, 2:35am UTC](https://forum.pokt.network/t/governance-transaction-notice-sep-25th/4776/1 "2023-09-26T02:35:03Z")

</div>

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

# Gateway Fee Burn

194,618.73 POKT of gateway fees was burned ([tx](https://poktscan.com/tx/33D39DED18E17971FFAD525B0AB47393D9049D5E0CD5511F6FA1E30E1234CB86)), corresponding with last week’s gateway fees.

# Parameter Changes

## 1. [RelaysToTokensMultiplier parameter change](https://poktscan.com/tx/1BA72780135F293160994CA258F9DC2A18364862982CDD00B99B1710345074F6)

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 216 (0.000216 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 ~1.02B, 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/47FDC630E0FC69FF8CE5BADAE21AC17FA64DE804778C5C3F4C0A1B9C95B2EE6D)

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 3.001, reflecting the average bin of servicers.