diff --git a/x/tokenomics/keeper/genesis_inflation.go b/x/tokenomics/keeper/genesis_inflation.go
index 1406755c9..64a167fc8 100644
--- a/x/tokenomics/keeper/genesis_inflation.go
+++ b/x/tokenomics/keeper/genesis_inflation.go
@@ -1,23 +1,22 @@
 package keeper
 
 import (
-	"github.com/cosmos/cosmos-sdk/store/prefix"
 	sdk "github.com/cosmos/cosmos-sdk/types"
 	"github.com/elys-network/elys/x/tokenomics/types"
 )
 
 // SetGenesisInflation set genesisInflation in the store
 func (k Keeper) SetGenesisInflation(ctx sdk.Context, genesisInflation types.GenesisInflation) {
-	store := prefix.NewStore(ctx.KVStore(k.storeKey), types.KeyPrefix(types.GenesisInflationKey))
+	store := ctx.KVStore(k.storeKey)
 	b := k.cdc.MustMarshal(&genesisInflation)
-	store.Set([]byte{0}, b)
+	store.Set([]byte(types.GenesisInflationKey), b)
 }
 
 // GetGenesisInflation returns genesisInflation
 func (k Keeper) GetGenesisInflation(ctx sdk.Context) (val types.GenesisInflation, found bool) {
-	store := prefix.NewStore(ctx.KVStore(k.storeKey), types.KeyPrefix(types.GenesisInflationKey))
+	store := ctx.KVStore(k.storeKey)
 
-	b := store.Get([]byte{0})
+	b := store.Get([]byte(types.GenesisInflationKey))
 	if b == nil {
 		return val, false
 	}
@@ -28,6 +27,6 @@ func (k Keeper) GetGenesisInflation(ctx sdk.Context) (val types.GenesisInflation
 
 // RemoveGenesisInflation removes genesisInflation from the store
 func (k Keeper) RemoveGenesisInflation(ctx sdk.Context) {
-	store := prefix.NewStore(ctx.KVStore(k.storeKey), types.KeyPrefix(types.GenesisInflationKey))
-	store.Delete([]byte{0})
+	store := ctx.KVStore(k.storeKey)
+	store.Delete([]byte(types.GenesisInflationKey))
 }
diff --git a/x/tokenomics/migrations/new_migrator.go b/x/tokenomics/migrations/new_migrator.go
new file mode 100644
index 000000000..ffd482db5
--- /dev/null
+++ b/x/tokenomics/migrations/new_migrator.go
@@ -0,0 +1,13 @@
+package migrations
+
+import (
+	"github.com/elys-network/elys/x/tokenomics/keeper"
+)
+
+type Migrator struct {
+	keeper keeper.Keeper
+}
+
+func NewMigrator(keeper keeper.Keeper) Migrator {
+	return Migrator{keeper: keeper}
+}
diff --git a/x/tokenomics/migrations/v2_migration.go b/x/tokenomics/migrations/v2_migration.go
new file mode 100644
index 000000000..ec36f4dca
--- /dev/null
+++ b/x/tokenomics/migrations/v2_migration.go
@@ -0,0 +1,25 @@
+package migrations
+
+import (
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/elys-network/elys/x/tokenomics/types"
+)
+
+func (m Migrator) V2Migration(ctx sdk.Context) error {
+	// reset genesis inflation param
+	inflation := types.GenesisInflation{
+		Authority:             "elys10d07y265gmmuvt4z0w9aw880jnsr700j6z2zm3",
+		SeedVesting:           6000000000000,
+		StrategicSalesVesting: 180000000000000,
+		Inflation: &types.InflationEntry{
+			CommunityFund:     9750000000000,
+			IcsStakingRewards: 0,
+			LmRewards:         0,
+			StrategicReserve:  18750000000000,
+			TeamTokensVested:  0,
+		},
+	}
+
+	m.keeper.SetGenesisInflation(ctx, inflation)
+	return nil
+}
diff --git a/x/tokenomics/module.go b/x/tokenomics/module.go
index 7222bceef..9e5333d99 100644
--- a/x/tokenomics/module.go
+++ b/x/tokenomics/module.go
@@ -19,6 +19,7 @@ import (
 	"github.com/cosmos/cosmos-sdk/types/module"
 	"github.com/elys-network/elys/x/tokenomics/client/cli"
 	"github.com/elys-network/elys/x/tokenomics/keeper"
+	"github.com/elys-network/elys/x/tokenomics/migrations"
 	"github.com/elys-network/elys/x/tokenomics/types"
 )
 
@@ -115,6 +116,11 @@ func NewAppModule(
 func (am AppModule) RegisterServices(cfg module.Configurator) {
 	types.RegisterMsgServer(cfg.MsgServer(), keeper.NewMsgServerImpl(am.keeper))
 	types.RegisterQueryServer(cfg.QueryServer(), am.keeper)
+	m := migrations.NewMigrator(am.keeper)
+	err := cfg.RegisterMigration(types.ModuleName, 1, m.V2Migration)
+	if err != nil {
+		panic(err)
+	}
 }
 
 // RegisterInvariants registers the invariants of the module. If an invariant deviates from its predicted value, the InvariantRegistry triggers appropriate logic (most often the chain will be halted)
@@ -138,7 +144,7 @@ func (am AppModule) ExportGenesis(ctx sdk.Context, cdc codec.JSONCodec) json.Raw
 }
 
 // ConsensusVersion is a sequence number for state-breaking change of the module. It should be incremented on each consensus-breaking change introduced by the module. To avoid wrong/empty versions, the initial version should be set to 1
-func (AppModule) ConsensusVersion() uint64 { return 1 }
+func (AppModule) ConsensusVersion() uint64 { return 2 }
 
 // BeginBlock contains the logic that is automatically triggered at the beginning of each block
 func (am AppModule) BeginBlock(_ sdk.Context, _ abci.RequestBeginBlock) {}