---
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.

## Response `200`

A successful response.

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

## Other responses

- `default` — An unexpected error response.

---

[API](https://skmtc.net/pokt-network/apis/http-api-console.md) · [All operations](https://skmtc.net/pokt-network/apis/http-api-console/llms.txt) · [OpenAPI document](https://skmtc-service-staging.skmtc.workers.dev/v1/apis/pokt-network/http-api-console/versions/edba20e8c8a3/schema)