---
title: "UpdateParams defines a (governance) operation for updating the module
parameters. The authority defaults to the x/gov module account."
method: POST
path: "/pocket.tokenomics.Msg/UpdateParams"
tags: ["Msg"]
---

# UpdateParams defines a (governance) operation for updating the module
parameters. The authority defaults to the x/gov module account.

`POST /pocket.tokenomics.Msg/UpdateParams`

## Request body

- PocketTokenomicsMsgUpdateParams — MsgUpdateParams is the Msg/UpdateParams request type to update all params at once.
  - `authority` string — authority is the address that controls the module (defaults to x/gov unless overwritten).
  - `params` PocketTokenomicsParams — Params defines the parameters for the tokenomics module.
    - `dao_reward_address` string — dao_reward_address is where the DAO's portion of claims submitted are distributed. Bech32 cosmos address
    - `global_inflation_per_claim` number, double — global_inflation_per_claim is the percentage of a claim's claimable uPOKT amount to be minted on settlement. GlobalMintTLM: Only used by the GlobalMintTLM at the end of claim settlement.
    - `mint_allocation_percentages` PocketTokenomicsMintAllocationPercentages — MintAllocationPercentages captures the distribution of newly minted tokens. The sum of all new tokens minted must equal 1. GlobalMintTLM: Only used by the GlobalMintTLM at the end of claim settlement. TODO_DISTANT_FUTURE: Remove this once global inflation is disabled in perpetuity.
      - `application` number, double — application - % of newley minted tokens sent to the application account address.
      - `dao` number, double — dao - % of newley minted tokens sent to the DAO reward address.
      - `proposer` number, double — proposer - % of newley minted tokens sent to the block proposer (i.e. validator0 account address.
      - `source_owner` number, double — source_owner - % of newley minted tokens sent to the service source owner account address.
      - `supplier` number, double — supplier - % of newley minted tokens sent to the block supplier account address.
    - `mint_equals_burn_claim_distribution` PocketTokenomicsMintEqualsBurnClaimDistribution — MintEqualsBurnClaimDistribution captures the distribution of claimable tokens. The sum of all tokens being burnt from the application's stake must equal 1. GlobalMintEqualsBurnTLM: Only used by the GlobalMintEqualsBurnTLM at the end of claim settlement.
      - `application` number, double — application - % of claimable tokens sent to the application account address.
      - `dao` number, double — dao - % of claimable tokens sent to the DAO reward address.
      - `proposer` number, double — TODO_TECHDEBT: Rename "proposer" to "validators" to reflect the work done in #1753. This will span all references to the term "proposer" across documentation, functions, protobufs, variables, tooling, etc.. proposer - % of claimable tokens sent to the block proposer (i.e. validator0) account address.
      - `source_owner` number, double — source_owner - % of claimable tokens sent to the service source owner account address.
      - `supplier` number, double — supplier - % of claimable tokens sent to the block supplier account address.
    - `mint_ratio` number, double
    - `overservicing_bonus_multiplier` string, uint64 — overservicing_bonus_multiplier bounds how far above its guaranteed floor (per-session budget / actual number of claiming suppliers) a single supplier's settlement may be raised by redistributing budget unused by idle/light suppliers. settled_i <= overservicing_bonus_multiplier * floor_i Semantics: 0 or 1 => reproduces the legacy head-split cap exactly (no redistribution above floor). n > 1 => a supplier may be paid up to n * floor from unused budget (still bounded by B). The ZERO value is treated as 1 (legacy cap), NOT "unlimited", so an unset/clobbered value is always benign and can never silently enable redistribution. To lift the cap in practice set n >= num_suppliers_per_session, at which point the application budget B binds first. This is a rollout valve, NOT an economic safeguard (self-dealing and fabrication are guarded independently by the reward split and the proof threshold). Ships at 1 (no-op), then opened by governance. TokenLogicModules: Only used during claim settlement (ensureClaimAmountLimits).

## Response `200`

A successful response.

- PocketTokenomicsMsgUpdateParamsResponse — MsgUpdateParamsResponse defines the response structure for executing a MsgUpdateParams message.

## Other responses

- `default` — An unexpected error response.

## Changes

> 52 revisions in range; 30 could not be searched.

- **2023-11-01** `3f51f9b9a127` — 1 breaking
  - api path removed without deprecation

[Change history](https://skmtc.dev/pokt-network/apis/http-api-console/changes/pocket.tokenomics.Msg/UpdateParams/post.md)

---

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