diff --git a/contracts/alliance-hub/src/contract.rs b/contracts/alliance-hub/src/contract.rs
index 0802896..a33b7bc 100644
--- a/contracts/alliance-hub/src/contract.rs
+++ b/contracts/alliance-hub/src/contract.rs
@@ -33,7 +33,7 @@ use alliance_protocol::alliance_protocol::{
 use crate::error::ContractError;
 use crate::migrations::migrate_state;
 use crate::state::{
-    ASSET_CONFIG, ASSET_REWARD_DISTRIBUTION, ASSET_REWARD_RATE, BALANCES, CONFIG, TEMP_BALANCE,
+    ASSET_CONFIG, ASSET_REWARD_DISTRIBUTION, ASSET_REWARD_RATE, CONFIG, SHARES, TEMP_BALANCE,
     TOTAL_BALANCES_SHARES, UNCLAIMED_REWARDS, USER_ASSET_REWARD_RATE, VALIDATORS, WHITELIST,
 };
 use crate::token_factory::{CustomExecuteMsg, DenomUnit, Metadata, TokenExecuteMsg};
@@ -332,7 +332,7 @@ fn stake(
     let (_, asset_available) = _take(&mut deps, &env, &asset, balance, true)?;
     let share_amount = compute_share_amount(shares, amount, asset_available);
 
-    BALANCES.update(
+    SHARES.update(
         deps.storage,
         (recipient.clone(), &asset),
         |balance| -> Result<_, ContractError> {
@@ -398,7 +398,7 @@ fn unstake(
     let mut withdraw_amount = asset.amount;
     let mut share_amount = compute_share_amount(shares, withdraw_amount, asset_available);
 
-    let current_user_share = BALANCES
+    let current_user_share = SHARES
         .may_load(deps.storage, (sender.clone(), &asset.info))?
         .unwrap_or_default();
 
@@ -412,7 +412,7 @@ fn unstake(
         withdraw_amount = compute_balance_amount(shares, share_amount, asset_available)
     }
 
-    BALANCES.save(
+    SHARES.save(
         deps.storage,
         (sender, &asset.info),
         &(current_user_share.checked_sub(share_amount)?),
@@ -485,7 +485,7 @@ fn _claim_reward(
     let asset_reward_rate = ASSET_REWARD_RATE.load(storage, &asset_info)?;
 
     if let Ok(user_reward_rate) = user_reward_rate {
-        let user_staked = BALANCES.load(storage, (user.clone(), &asset_info))?;
+        let user_staked = SHARES.load(storage, (user.clone(), &asset_info))?;
         let rewards = ((asset_reward_rate - user_reward_rate)
             * Decimal::from_atomics(user_staked, 0)?)
         .to_uint_floor();
diff --git a/contracts/alliance-hub/src/migrations.rs b/contracts/alliance-hub/src/migrations.rs
index 4f1a6a8..8ccbfee 100644
--- a/contracts/alliance-hub/src/migrations.rs
+++ b/contracts/alliance-hub/src/migrations.rs
@@ -1,9 +1,9 @@
-use crate::error::ContractError;
-use cosmwasm_std::{DepsMut, Order, Uint128};
+use cosmwasm_std::{Addr, DepsMut, Order, Uint128};
 use cw_asset::AssetInfo;
 use cw_storage_plus::Map;
 
-use crate::state::TOTAL_BALANCES_SHARES;
+use crate::error::ContractError;
+use crate::state::{SHARES, TOTAL_BALANCES_SHARES};
 
 pub(crate) fn migrate_state(deps: DepsMut) -> Result<(), ContractError> {
     const OLD_TOTAL_BALANCES: Map<&AssetInfo, Uint128> = Map::new("total_balances");
@@ -22,5 +22,21 @@ pub(crate) fn migrate_state(deps: DepsMut) -> Result<(), ContractError> {
         TOTAL_BALANCES_SHARES.save(deps.storage, &key, &(value, value))?;
     }
 
+    const OLD_BALANCES: Map<(Addr, &AssetInfo), Uint128> = Map::new("balances");
+
+    let old_map = OLD_BALANCES
+        .range(deps.storage, None, None, Order::Ascending)
+        .map(|item| {
+            let (key, value) = item.unwrap();
+            (key, value)
+        })
+        .collect::<Vec<_>>();
+
+    OLD_BALANCES.clear(deps.storage);
+
+    for ((addr, asset_info), value) in old_map {
+        SHARES.save(deps.storage, (addr, &asset_info), &value)?;
+    }
+
     Ok(())
 }
diff --git a/contracts/alliance-hub/src/query.rs b/contracts/alliance-hub/src/query.rs
index d5914b4..1da7e1f 100644
--- a/contracts/alliance-hub/src/query.rs
+++ b/contracts/alliance-hub/src/query.rs
@@ -10,7 +10,7 @@ use cw_asset::AssetInfo;
 use std::collections::HashMap;
 
 use crate::state::{
-    ASSET_CONFIG, ASSET_REWARD_DISTRIBUTION, ASSET_REWARD_RATE, BALANCES, CONFIG,
+    ASSET_CONFIG, ASSET_REWARD_DISTRIBUTION, ASSET_REWARD_RATE, CONFIG, SHARES,
     TOTAL_BALANCES_SHARES, UNCLAIMED_REWARDS, USER_ASSET_REWARD_RATE, VALIDATORS, WHITELIST,
 };
 
@@ -63,7 +63,7 @@ fn get_rewards_distribution(deps: Deps) -> StdResult<Binary> {
 fn get_staked_balance(deps: Deps, asset_query: AssetQuery) -> StdResult<Binary> {
     let addr = deps.api.addr_validate(&asset_query.address)?;
     let key = (addr, &asset_query.asset);
-    let user_shares = BALANCES.load(deps.storage, key)?;
+    let user_shares = SHARES.load(deps.storage, key)?;
     let (balance, shares) = TOTAL_BALANCES_SHARES.load(deps.storage, &asset_query.asset)?;
     let config = ASSET_CONFIG
         .may_load(deps.storage, &asset_query.asset)?
@@ -83,7 +83,7 @@ fn get_pending_rewards(deps: Deps, asset_query: AssetQuery) -> StdResult<Binary>
     let key = (addr, &asset_query.asset.clone());
     let user_reward_rate = USER_ASSET_REWARD_RATE.load(deps.storage, key.clone())?;
     let asset_reward_rate = ASSET_REWARD_RATE.load(deps.storage, &asset_query.asset.clone())?;
-    let user_balance = BALANCES.load(deps.storage, key.clone())?;
+    let user_balance = SHARES.load(deps.storage, key.clone())?;
     let unclaimed_rewards = UNCLAIMED_REWARDS
         .load(deps.storage, key)
         .unwrap_or(Uint128::zero());
@@ -105,7 +105,7 @@ fn get_all_staked_balances(deps: Deps, asset_query: AllStakedBalancesQuery) -> S
         // Build the required key to recover the BALANCES
         let (asset_info, _) = asset_res?;
         let stake_key = (addr.clone(), &asset_info);
-        let user_shares = BALANCES
+        let user_shares = SHARES
             .load(deps.storage, stake_key)
             .unwrap_or(Uint128::zero());
         let (balance, shares) = TOTAL_BALANCES_SHARES.load(deps.storage, &asset_info)?;
@@ -136,7 +136,7 @@ fn get_all_pending_rewards(deps: Deps, query: AllPendingRewardsQuery) -> StdResu
         .map(|item| {
             let (asset_info, user_reward_rate) = item?;
             let asset_reward_rate = ASSET_REWARD_RATE.load(deps.storage, &asset_info)?;
-            let user_balance = BALANCES.load(deps.storage, (addr.clone(), &asset_info))?;
+            let user_balance = SHARES.load(deps.storage, (addr.clone(), &asset_info))?;
             let unclaimed_rewards = UNCLAIMED_REWARDS
                 .load(deps.storage, (addr.clone(), &asset_info))
                 .unwrap_or(Uint128::zero());
diff --git a/contracts/alliance-hub/src/state.rs b/contracts/alliance-hub/src/state.rs
index 6b1086f..85924b5 100644
--- a/contracts/alliance-hub/src/state.rs
+++ b/contracts/alliance-hub/src/state.rs
@@ -7,20 +7,15 @@ use ve3_shared::msgs_asset_staking::AssetConfigRuntime;
 
 pub const CONFIG: Item<Config> = Item::new("config");
 pub const WHITELIST: Map<&AssetInfo, ChainId> = Map::new("whitelist");
-//todo to rename to SHARES
-pub const BALANCES: Map<(Addr, &AssetInfo), Uint128> = Map::new("balances");
+pub const SHARES: Map<(Addr, &AssetInfo), Uint128> = Map::new("shares");
 pub const TOTAL_BALANCES_SHARES: Map<&AssetInfo, (Uint128, Uint128)> =
     Map::new("total_balances_shares");
-
 pub const VALIDATORS: Item<HashSet<String>> = Item::new("validators");
-
 pub const ASSET_CONFIG: Map<&AssetInfo, AssetConfigRuntime> = Map::new("asset_config");
-
 pub const ASSET_REWARD_DISTRIBUTION: Item<Vec<AssetDistribution>> =
     Item::new("asset_reward_distribution");
 pub const ASSET_REWARD_RATE: Map<&AssetInfo, Decimal> = Map::new("asset_reward_rate");
 pub const USER_ASSET_REWARD_RATE: Map<(Addr, &AssetInfo), Decimal> =
     Map::new("user_asset_reward_rate");
 pub const UNCLAIMED_REWARDS: Map<(Addr, &AssetInfo), Uint128> = Map::new("unclaimed_rewards");
-
 pub const TEMP_BALANCE: Item<Uint128> = Item::new("temp_balance");
diff --git a/contracts/alliance-hub/src/tests/stake_unstake.rs b/contracts/alliance-hub/src/tests/stake_unstake.rs
index b777db9..55df272 100644
--- a/contracts/alliance-hub/src/tests/stake_unstake.rs
+++ b/contracts/alliance-hub/src/tests/stake_unstake.rs
@@ -1,6 +1,6 @@
 use crate::contract::execute;
 use crate::error::ContractError;
-use crate::state::{BALANCES, TOTAL_BALANCES_SHARES};
+use crate::state::{SHARES, TOTAL_BALANCES_SHARES};
 use crate::tests::helpers::{
     query_all_staked_balances, setup_contract, stake, stake_cw20, unstake, unstake_cw20,
     whitelist_assets,
@@ -44,7 +44,7 @@ mod cw20_support {
             ])
         );
 
-        let balance = BALANCES
+        let balance = SHARES
             .load(
                 deps.as_ref().storage,
                 (
@@ -67,7 +67,7 @@ mod cw20_support {
                 ("share", "100"),
             ])
         );
-        let balance = BALANCES
+        let balance = SHARES
             .load(
                 deps.as_ref().storage,
                 (
@@ -154,7 +154,7 @@ mod cw20_support {
                 }))
         );
 
-        let balance = BALANCES
+        let balance = SHARES
             .load(
                 deps.as_ref().storage,
                 (
@@ -186,7 +186,7 @@ mod cw20_support {
                 }))
         );
 
-        let balance = BALANCES
+        let balance = SHARES
             .load(
                 deps.as_ref().storage,
                 (
@@ -234,7 +234,7 @@ fn test_stake() {
         ])
     );
 
-    let balance = BALANCES
+    let balance = SHARES
         .load(
             deps.as_ref().storage,
             (
@@ -257,7 +257,7 @@ fn test_stake() {
             ("share", "100"),
         ])
     );
-    let balance = BALANCES
+    let balance = SHARES
         .load(
             deps.as_ref().storage,
             (
@@ -367,7 +367,7 @@ fn test_unstake() {
             }))
     );
 
-    let balance = BALANCES
+    let balance = SHARES
         .load(
             deps.as_ref().storage,
             (
@@ -394,7 +394,7 @@ fn test_unstake() {
             }))
     );
 
-    let balance = BALANCES
+    let balance = SHARES
         .load(
             deps.as_ref().storage,
             (