diff --git a/cmd/config/genesis/defaults/common_defaults.go b/cmd/config/genesis/defaults/common_defaults.go
index 1a86cf13..5c29507a 100644
--- a/cmd/config/genesis/defaults/common_defaults.go
+++ b/cmd/config/genesis/defaults/common_defaults.go
@@ -11,19 +11,26 @@ const (
 	StakingDenom           = "sxfi"
 	LiquidityProviderDenom = "lpt"
 
-	FeeAmount               = "100000000000000"        // 0.0001
-	GovMinDepositAmount     = "1000000000000000000000" // 1000.0
+	// Min TX fee
+	FeeAmount = "100000000000000" // 0.0001
+	// Governance: deposit amount
+	GovMinDepositAmount = "1000000000000000000000" // 1000.0
+	// Staking: min self-delegation amount
 	MinSelfDelegationAmount = "2500000000000000000000" // 2500.0
-	InvariantCheckAmount    = "1000000000000000000000" // 1000.0
+	// Crisis: invariants check TX fee
+	InvariantCheckAmount = "1000000000000000000000" // 1000.0
+	// Distribution: PublicTreasuryPool capacity
+	PublicTreasuryPoolAmount = "250000000000000000000000" // 250000.0
 
 	MaxGas = 10000000
 )
 
 var (
-	FeeCoin               sdk.Coin
-	GovMinDepositCoin     sdk.Coin
-	MinSelfDelegationCoin sdk.Coin
-	InvariantCheckCoin    sdk.Coin
+	FeeCoin                    sdk.Coin
+	GovMinDepositCoin          sdk.Coin
+	MinSelfDelegationCoin      sdk.Coin
+	InvariantCheckCoin         sdk.Coin
+	PublicTreasuryPoolCapacity sdk.Int
 )
 
 func init() {
@@ -50,4 +57,10 @@ func init() {
 	} else {
 		InvariantCheckCoin = sdk.NewCoin(MainDenom, value)
 	}
+
+	if value, ok := sdk.NewIntFromString(PublicTreasuryPoolAmount); !ok {
+		panic("distribution defaults: PublicTreasuryPoolAmount conversion failed")
+	} else {
+		PublicTreasuryPoolCapacity = value
+	}
 }
diff --git a/cmd/config/genesis/genesis.go b/cmd/config/genesis/genesis.go
index 6d6e214d..85ea04be 100644
--- a/cmd/config/genesis/genesis.go
+++ b/cmd/config/genesis/genesis.go
@@ -67,7 +67,7 @@ func OverrideGenesisStateDefaults(cdc *codec.Codec, genState map[string]json.Raw
 		moduleState.Params.PublicTreasuryPoolTax = sdk.NewDecWithPrec(15, 3)       // 1.5%
 		moduleState.Params.HARPTax = sdk.NewDecWithPrec(2, 2)                      // 2%
 		//
-		moduleState.Params.PublicTreasuryPoolCapacity = sdk.NewInt(250000) // 250000.0
+		moduleState.Params.PublicTreasuryPoolCapacity = defaults.PublicTreasuryPoolCapacity // 250000.0
 		//
 		moduleState.Params.BaseProposerReward = sdk.NewDecWithPrec(1, 2)  // 1%
 		moduleState.Params.BonusProposerReward = sdk.NewDecWithPrec(4, 2) // 4%
@@ -101,6 +101,7 @@ func OverrideGenesisStateDefaults(cdc *codec.Codec, genState map[string]json.Raw
 		//
 		moduleState.Params.BondDenom = defaults.StakingDenom
 		moduleState.Params.LPDenom = defaults.LiquidityProviderDenom
+		moduleState.Params.LPDistrRatio = sdk.NewDecWithPrec(1, 0) // 100%
 		//
 		moduleState.Params.MinSelfDelegationLvl = defaults.MinSelfDelegationCoin.Amount // 2500.0
 		moduleState.Params.MaxDelegationsRatio = sdk.NewDecWithPrec(10, 0)              // 10.0
diff --git a/x/vm/internal/keeper/genesis_ws.json b/x/vm/internal/keeper/genesis_ws.json
index 89011db2..d01a7ffa 100644
--- a/x/vm/internal/keeper/genesis_ws.json
+++ b/x/vm/internal/keeper/genesis_ws.json
@@ -2,58 +2,58 @@
   "write_set": [
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "00f291acfb65d0f093d26ad997ca99c2e14150a49953d95c8304a63701ca7de4f1",
-      "value": "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"
+      "path": "009cb04857956873d52372bd369d73c8042b81cdf4913d838e55867ea219afb01c",
+      "value": "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"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "001e71f6df00e48c8c254cd583d3dc45937e436997cfae0dbe3b8c2345b7159e09",
-      "value": "a11ceb0b0100000006010002030206050806070e0b0819140c2d03000000010001010202060c090000054576656e7404656d6974000000000000000000000000000000000000000100030000"
+      "path": "008696ee9de913cfa23cf7d81b8dc4f5b9c880a27d9989dd9553e53b861bdff8cf",
+      "value": "a11ceb0b0100000006010002030206050807070f0d081c140c3003000000010001010101060900010a02034c435308746f5f6279746573000000000000000000000000000000000000000100030000"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "00bece7868df537350b30aecfd94ecceac4ff0f4e589ab16605cc55e72a783856d",
-      "value": "a11ceb0b010000000601000203020a050c090715210836140c4a0e00000001000100000200020001060c010501060500065369676e65720a616464726573735f6f660e626f72726f775f61646472657373000000000000000000000000000000000000000100010003040b001101140201030000"
+      "path": "0020b5dde2cb71801be4d554a2d7f1b1063f527aa8990f5fd08a097f3d8b9fd50b",
+      "value": "a11ceb0b01000000050100020202040706120818140a2c050000000102000358464901540b64756d6d795f6669656c640000000000000000000000000000000000000001000201020100"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "009934e51f2eb6b334a0111bc088588497e2a304aac277526593fd68f816c20417",
-      "value": "a11ceb0b010000000a010002020204030605050b03070e340842140656160a6c050c710e0d7f02000000010100000200010000010305426c6f636b0d426c6f636b4d65746164617461186765745f63757272656e745f626c6f636b5f68656967687406686569676874000000000000000000000000000000000000000105140000000000000000000000000000000000000001000201030300010100000507002b0010001402000000"
+      "path": "00645941518552d45ce5aa55b54db8723702ca0c0ecaa3fb36df0cedd4fc63d439",
+      "value": "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"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "00322e5b50f94d3df7f68f08779d754435119f50ee6ec03f726051d408c6f1d8f6",
-      "value": "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"
+      "path": "001e71f6df00e48c8c254cd583d3dc45937e436997cfae0dbe3b8c2345b7159e09",
+      "value": "a11ceb0b0100000006010002030206050806070e0b0819140c2d03000000010001010202060c090000054576656e7404656d6974000000000000000000000000000000000000000100030000"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "009cb04857956873d52372bd369d73c8042b81cdf4913d838e55867ea219afb01c",
-      "value": "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"
+      "path": "00d35c97ec98d9b737c66f0d5a6acf89644c8818196f1bb071e14971072c0d1427",
+      "value": "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"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "00645941518552d45ce5aa55b54db8723702ca0c0ecaa3fb36df0cedd4fc63d439",
-      "value": "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"
+      "path": "009934e51f2eb6b334a0111bc088588497e2a304aac277526593fd68f816c20417",
+      "value": "a11ceb0b010000000a010002020204030605050b03070e340842140656160a6c050c710e0d7f02000000010100000200010000010305426c6f636b0d426c6f636b4d65746164617461186765745f63757272656e745f626c6f636b5f68656967687406686569676874000000000000000000000000000000000000000105140000000000000000000000000000000000000001000201030300010100000507002b0010001402000000"
     },
     {
       "address": "0000000000000000000000000000000000000001",
-      "path": "00d35c97ec98d9b737c66f0d5a6acf89644c8818196f1bb071e14971072c0d1427",
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+      "path": "00f291acfb65d0f093d26ad997ca99c2e14150a49953d95c8304a63701ca7de4f1",
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@@ -62,18 +62,23 @@
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 }
\ No newline at end of file