> For the complete documentation index, see [llms.txt](https://veles-carbon-credits.gitbook.io/veles-carbon-credits-pallet/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://veles-carbon-credits.gitbook.io/veles-carbon-credits-pallet/pallet-entities-and-functionalities/functionalities/authority-exclusive-functionalities/update-penalty-levels.md).

# Update penalty levels

The penalty levels represent the increase in a price of the execution of a specific functionality (i.e. the sale of a carbon credit or the submission proposal of a project). The pallet supports up to 5 penalty levels which are set by default to the following specific values:

### Current penalty level values:

| Penalty level | Penalty value |
| :-----------: | :-----------: |
|       0       |    100.00%    |
|       1       |    167.00%    |
|       2       |    230.00%    |
|       3       |    275.50%    |
|       4       |    320.00%    |

An authority account can chose to update the penalty values of the pallet by submitting them to the pallet via the `update_penalty_levels(new_penalty_levels)` functionality. It is worth mentioning that the authority account should bare in mind that he/she is submitting 5 penalty levels, where the new values are of a increasing order and the new values should be in the form of a 2 decimal placement percentage value.


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