diff --git a/example_sns_init.yaml b/example_sns_init.yaml
index b07fadb..b379715 100644
--- a/example_sns_init.yaml
+++ b/example_sns_init.yaml
@@ -76,9 +76,6 @@ description: >
     Built on chainkey cryptography, secure and true,
     An app that transcends, all we once knew...
 
-# This is currently a placeholder field and must be left empty for now.
-Principals: []
-
 # Path to the SNS Project logo on the local filesystem. The path is relative
 # to the configuration file's location, unless an absolute path is given.
 # Must have less than 341,334 bytes. The only supported format is PNG.
diff --git a/settings.sh b/settings.sh
index c2d5a5d..853fa8c 100755
--- a/settings.sh
+++ b/settings.sh
@@ -31,10 +31,10 @@ export SNS_AGGREGATOR_RELEASE="proposal-129614-agg"
 # $ ./gitlab-ci/src/artifacts/newest_sha_with_disk_image.sh origin/master
 # from the IC monorepo: https://github.com/dfinity/ic
 # if you change IC_COMMIT, then you need to rerun `source install.sh`
-export IC_COMMIT="fda260e972c03a580be1119d6c2868e30171be02"
+export IC_COMMIT="f79476803e097d9fd5f7e67d45f6818348b51ac9"
 
 export TESTNET="local"
 
 export DFX_VERSION="0.19.0"
-export DFX_SNS_VERSION="0.4.0"
-export DFX_NNS_VERSION="0.4.0"
+export DFX_SNS_VERSION="0.4.1"
+export DFX_NNS_VERSION="0.4.1"
diff --git a/sns_tokenomics_analyzer/sns_init.yaml b/sns_tokenomics_analyzer/sns_init.yaml
index 6544eab..d597531 100644
--- a/sns_tokenomics_analyzer/sns_init.yaml
+++ b/sns_tokenomics_analyzer/sns_init.yaml
@@ -76,9 +76,6 @@ description: >
     Built on chainkey cryptography, secure and true,
     An app that transcends, all we once knew...
 
-# This is currently a placeholder field and must be left empty for now.
-Principals: []
-
 # Path to the SNS Project logo on the local filesystem. The path is relative
 # to the configuration file's location, unless an absolute path is given.
 # Must have less than 341,334 bytes. The only supported format is PNG.