diff --git a/docs/software/commands.md b/docs/software/commands.md
index 46fac346e1..ac51fe10f0 100644
--- a/docs/software/commands.md
+++ b/docs/software/commands.md
@@ -382,7 +382,7 @@ Most commands return their results in JSON format.
       and dump it as base64 xdr. This can be used along with the `stellar-xdr` command line tool
       to dump the current settings in the same format as the JSON file we use for upgrades. This
       is helpful if you want to make settings changes off of the current settings.
-      Ex. `curl -s "127.0.0.1:11626/sorobaninfo?format=upgrade_xdr" | stellar-xdr decode --type ConfigUpgradeSet`
+      Ex. `curl -s "127.0.0.1:11626/sorobaninfo?format=upgrade_xdr" | stellar-xdr decode --type ConfigUpgradeSet --output json-formatted`
 
 * **dumpproposedsettings**
   `dumpproposedsettings?blob=Base64`<br>
diff --git a/soroban-settings/pubnet_phase5.json b/soroban-settings/pubnet_phase5.json
new file mode 100644
index 0000000000..4a7ba8cb0e
--- /dev/null
+++ b/soroban-settings/pubnet_phase5.json
@@ -0,0 +1,47 @@
+{
+    "updated_entry": [
+        {
+            "contract_max_size_bytes": 131072
+        },
+       {
+          "contract_ledger_cost_v0": {
+            "ledger_max_read_ledger_entries": 200,
+            "ledger_max_read_bytes": 500000,
+            "ledger_max_write_ledger_entries": 125,
+            "ledger_max_write_bytes": 143360,
+            "tx_max_read_ledger_entries": 40,
+            "tx_max_read_bytes": 200000,
+            "tx_max_write_ledger_entries": 25,
+            "tx_max_write_bytes": 132096,
+            "fee_read_ledger_entry": 6250,
+            "fee_write_ledger_entry": 10000,
+            "fee_read1_kb": 1786,
+            "bucket_list_target_size_bytes": 14500000000,
+            "write_fee1_kb_bucket_list_low": 8510,
+            "write_fee1_kb_bucket_list_high": 12116,
+            "bucket_list_write_fee_growth_factor": 5000
+          }
+        },
+        {
+            "contract_bandwidth_v0": {
+              "ledger_max_txs_size_bytes": 133120,
+              "tx_max_size_bytes": 132096,
+              "fee_tx_size1_kb": 1624
+            }
+          },        
+          {
+            "state_archival": {
+                "max_entry_ttl": 3110400,
+                "min_temporary_ttl": 17280,
+                "min_persistent_ttl": 2073600,
+                "persistent_rent_rate_denominator": 2103,
+                "temp_rent_rate_denominator": 4206,
+                "max_entries_to_archive": 1000,
+                "bucket_list_size_window_sample_size": 30,
+                "bucket_list_window_sample_period": 64,
+                "eviction_scan_size": 500000,
+                "starting_eviction_scan_level": 7
+            }
+          }
+    ]
+  }
\ No newline at end of file
diff --git a/soroban-settings/testnet_settings_phase_1.json b/soroban-settings/testnet_settings_enable_upgrades.json
similarity index 100%
rename from soroban-settings/testnet_settings_phase_1.json
rename to soroban-settings/testnet_settings_enable_upgrades.json
diff --git a/soroban-settings/testnet_settings_phase_2.json b/soroban-settings/testnet_settings_phase_2.json
deleted file mode 100644
index 011658dd1a..0000000000
--- a/soroban-settings/testnet_settings_phase_2.json
+++ /dev/null
@@ -1,535 +0,0 @@
-{
-  "updated_entry": [
-    {
-      "contract_max_size_bytes": 65536
-    },
-    {
-      "contract_compute_v0": {
-        "ledger_max_instructions": 500000000,
-        "tx_max_instructions": 100000000,
-        "fee_rate_per_instructions_increment": 25,
-        "tx_memory_limit": 41943040
-      }
-    },
-    {
-      "contract_ledger_cost_v0": {
-        "ledger_max_read_ledger_entries": 200,
-        "ledger_max_read_bytes": 500000,
-        "ledger_max_write_ledger_entries": 125,
-        "ledger_max_write_bytes": 70000,
-        "tx_max_read_ledger_entries": 40,
-        "tx_max_read_bytes": 200000,
-        "tx_max_write_ledger_entries": 25,
-        "tx_max_write_bytes": 66560,
-        "fee_read_ledger_entry": 6250,
-        "fee_write_ledger_entry": 10000,
-        "fee_read1_kb": 1786,
-        "bucket_list_target_size_bytes": 300000000,
-        "write_fee1_kb_bucket_list_low": 9836,
-        "write_fee1_kb_bucket_list_high": 12116,
-        "bucket_list_write_fee_growth_factor": 5000
-      }
-    },
-    {
-      "contract_historical_data_v0": {
-        "fee_historical1_kb": 16235
-      }
-    },
-    {
-      "contract_events_v0": {
-        "tx_max_contract_events_size_bytes": 8198,
-        "fee_contract_events1_kb": 10000
-      }
-    },
-    {
-      "contract_bandwidth_v0": {
-        "ledger_max_txs_size_bytes": 71680,
-        "tx_max_size_bytes": 71680,
-        "fee_tx_size1_kb": 1624
-      }
-    },
-    {
-      "contract_cost_params_cpu_instructions": [
-        {
-          "ext": "v0",
-          "const_term": 4,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 434,
-          "linear_term": 16
-        },
-        {
-          "ext": "v0",
-          "const_term": 42,
-          "linear_term": 16
-        },
-        {
-          "ext": "v0",
-          "const_term": 44,
-          "linear_term": 16
-        },
-        {
-          "ext": "v0",
-          "const_term": 295,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 60,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 221,
-          "linear_term": 26
-        },
-        {
-          "ext": "v0",
-          "const_term": 331,
-          "linear_term": 4369
-        },
-        {
-          "ext": "v0",
-          "const_term": 3636,
-          "linear_term": 7013
-        },
-        {
-          "ext": "v0",
-          "const_term": 40256,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 377551,
-          "linear_term": 4059
-        },
-        {
-          "ext": "v0",
-          "const_term": 417482,
-          "linear_term": 45712
-        },
-        {
-          "ext": "v0",
-          "const_term": 41142,
-          "linear_term": 634
-        },
-        {
-          "ext": "v0",
-          "const_term": 1945,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 6481,
-          "linear_term": 5943
-        },
-        {
-          "ext": "v0",
-          "const_term": 711,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 2314804,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 4176,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 4716,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 4680,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 4256,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 884,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 1059,
-          "linear_term": 502
-        },
-        {
-          "ext": "v0",
-          "const_term": 73077,
-          "linear_term": 25410
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 540752
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 176363
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 29989
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 1061449
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 237336
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 328476
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 701845
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 429383
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 28
-        },
-        {
-          "ext": "v0",
-          "const_term": 43030,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 7556
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 10711
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 3300
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 23038
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 42488
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 828974
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 297100
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 14
-        },
-        {
-          "ext": "v0",
-          "const_term": 1882,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 3000906,
-          "linear_term": 0
-        }
-      ]
-    },
-    {
-      "contract_cost_params_memory_bytes": [
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 16,
-          "linear_term": 128
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 242,
-          "linear_term": 384
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 384
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 132773,
-          "linear_term": 4903
-        },
-        {
-          "ext": "v0",
-          "const_term": 69472,
-          "linear_term": 1217
-        },
-        {
-          "ext": "v0",
-          "const_term": 14,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 181,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 99,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 99,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 99,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 99,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 99,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 17564,
-          "linear_term": 6457
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 47464
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 13420
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 6285
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 64670
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 29074
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 48095
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 103229
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 36394
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 257
-        },
-        {
-          "ext": "v0",
-          "const_term": 70704,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 14613
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 6833
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 1025
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 129632
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 13665
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 97637
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 9176
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 126
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        },
-        {
-          "ext": "v0",
-          "const_term": 0,
-          "linear_term": 0
-        }
-      ]
-    },
-    {
-      "contract_data_key_size_bytes": 250
-    },
-    {
-      "contract_data_entry_size_bytes": 65536
-    },
-    {
-      "state_archival": {
-          "max_entry_ttl": 3110400,
-          "min_temporary_ttl": 17280,
-          "min_persistent_ttl": 2073600,
-          "persistent_rent_rate_denominator": 2103,
-          "temp_rent_rate_denominator": 4206,
-          "max_entries_to_archive": 1000,
-          "bucket_list_size_window_sample_size": 30,
-          "bucket_list_window_sample_period": 64,
-          "eviction_scan_size": 100000,
-          "starting_eviction_scan_level": 7
-      }
-    },
-    {
-      "contract_execution_lanes": {
-        "ledger_max_tx_count": 100
-      }
-    }
-  ]
-}
diff --git a/soroban-settings/testnet_settings_upgrade.json b/soroban-settings/testnet_settings_upgrade.json
new file mode 100644
index 0000000000..ac8fb0f2bc
--- /dev/null
+++ b/soroban-settings/testnet_settings_upgrade.json
@@ -0,0 +1,536 @@
+{
+    "updated_entry": [
+      {
+        "contract_max_size_bytes": 131072
+      },
+      {
+        "contract_compute_v0": {
+          "ledger_max_instructions": 500000000,
+          "tx_max_instructions": 100000000,
+          "fee_rate_per_instructions_increment": 25,
+          "tx_memory_limit": 41943040
+        }
+      },
+      {
+        "contract_ledger_cost_v0": {
+            "ledger_max_read_ledger_entries": 200,
+            "ledger_max_read_bytes": 500000,
+            "ledger_max_write_ledger_entries": 125,
+            "ledger_max_write_bytes": 143360,
+            "tx_max_read_ledger_entries": 40,
+            "tx_max_read_bytes": 200000,
+            "tx_max_write_ledger_entries": 25,
+            "tx_max_write_bytes": 132096,
+            "fee_read_ledger_entry": 6250,
+            "fee_write_ledger_entry": 10000,
+            "fee_read1_kb": 1786,
+            "bucket_list_target_size_bytes": 300000000,
+            "write_fee1_kb_bucket_list_low": 9836,
+            "write_fee1_kb_bucket_list_high": 12116,
+            "bucket_list_write_fee_growth_factor": 5000
+          }
+      },
+      {
+        "contract_historical_data_v0": {
+          "fee_historical1_kb": 16235
+        }
+      },
+      {
+        "contract_events_v0": {
+          "tx_max_contract_events_size_bytes": 8198,
+          "fee_contract_events1_kb": 10000
+        }
+      },
+      {
+        "contract_bandwidth_v0": {
+            "ledger_max_txs_size_bytes": 133120,
+            "tx_max_size_bytes": 132096,
+            "fee_tx_size1_kb": 1624
+          }
+      },
+      {
+        "contract_cost_params_cpu_instructions": [
+          {
+            "ext": "v0",
+            "const_term": 4,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 434,
+            "linear_term": 16
+          },
+          {
+            "ext": "v0",
+            "const_term": 42,
+            "linear_term": 16
+          },
+          {
+            "ext": "v0",
+            "const_term": 44,
+            "linear_term": 16
+          },
+          {
+            "ext": "v0",
+            "const_term": 295,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 60,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 221,
+            "linear_term": 26
+          },
+          {
+            "ext": "v0",
+            "const_term": 331,
+            "linear_term": 4369
+          },
+          {
+            "ext": "v0",
+            "const_term": 3636,
+            "linear_term": 7013
+          },
+          {
+            "ext": "v0",
+            "const_term": 40256,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 377551,
+            "linear_term": 4059
+          },
+          {
+            "ext": "v0",
+            "const_term": 417482,
+            "linear_term": 45712
+          },
+          {
+            "ext": "v0",
+            "const_term": 41142,
+            "linear_term": 634
+          },
+          {
+            "ext": "v0",
+            "const_term": 1945,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 6481,
+            "linear_term": 5943
+          },
+          {
+            "ext": "v0",
+            "const_term": 711,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 2314804,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 4176,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 4716,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 4680,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 4256,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 884,
+            "linear_term": 0
+          },
+          {
+            "ext": "v0",
+            "const_term": 1059,
+            "linear_term": 502
+          },
+          {
+            "ext": "v0",
+            "const_term": 73077,
+            "linear_term": 25410
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 540752
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 176363
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 29989
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 1061449
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 237336
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 328476
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 701845
+          },
+          {
+            "ext": "v0",
+            "const_term": 0,
+            "linear_term": 429383
+          },
+          {
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+  
\ No newline at end of file