diff --git a/app/app.go b/app/app.go
index 9f78d19d..c43f67d1 100644
--- a/app/app.go
+++ b/app/app.go
@@ -36,7 +36,7 @@ import (
 	"github.com/cosmos/cosmos-sdk/x/bank"
 
 	"github.com/notional-labs/composable/v6/app/keepers"
-	"github.com/notional-labs/composable/v6/app/upgrades/v6_4_91"
+	"github.com/notional-labs/composable/v6/app/upgrades/v6_5_0"
 
 	// bankkeeper "github.com/cosmos/cosmos-sdk/x/bank/keeper"
 
@@ -147,7 +147,7 @@ var (
 	// https://github.com/CosmWasm/wasmd/blob/02a54d33ff2c064f3539ae12d75d027d9c665f05/x/wasm/internal/types/proposal.go#L28-L34
 	EnableSpecificProposals = ""
 
-	Upgrades = []upgrades.Upgrade{v6_4_91.Upgrade}
+	Upgrades = []upgrades.Upgrade{v6_5_0.Upgrade}
 	Forks    = []upgrades.Fork{}
 )
 
diff --git a/app/keepers/keepers.go b/app/keepers/keepers.go
index 563aea08..ab40fd3a 100644
--- a/app/keepers/keepers.go
+++ b/app/keepers/keepers.go
@@ -201,7 +201,7 @@ func (appKeepers *AppKeepers) InitNormalKeepers(
 			"centauri1r2zlh2xn85v8ljmwymnfrnsmdzjl7k6w6lytan",
 			"centauri10556m38z4x6pqalr9rl5ytf3cff8q46nk85k9m",
 
-			"centauri1wkjvpgkuchq0r8425g4z4sf6n85zj5wtmqzjv9",
+			// "centauri1wkjvpgkuchq0r8425g4z4sf6n85zj5wtmqzjv9",
 
 			// "centauri1hj5fveer5cjtn4wd6wstzugjfdxzl0xpzxlwgs",
 		})
diff --git a/app/upgrades/v6_5_0/constants.go b/app/upgrades/v6_5_0/constants.go
new file mode 100644
index 00000000..cfbba664
--- /dev/null
+++ b/app/upgrades/v6_5_0/constants.go
@@ -0,0 +1,21 @@
+package v6_5_0
+
+import (
+	store "github.com/cosmos/cosmos-sdk/store/types"
+	"github.com/notional-labs/composable/v6/app/upgrades"
+	ibctransfermiddleware "github.com/notional-labs/composable/v6/x/ibctransfermiddleware/types"
+)
+
+const (
+	// UpgradeName defines the on-chain upgrade name for the composable upgrade.
+	UpgradeName = "v6_5_0"
+)
+
+var Upgrade = upgrades.Upgrade{
+	UpgradeName:          UpgradeName,
+	CreateUpgradeHandler: CreateUpgradeHandler,
+	StoreUpgrades: store.StoreUpgrades{
+		Added:   []string{ibctransfermiddleware.StoreKey},
+		Deleted: []string{},
+	},
+}
diff --git a/app/upgrades/v6_5_0/upgrade.go b/app/upgrades/v6_5_0/upgrade.go
new file mode 100644
index 00000000..25f58d78
--- /dev/null
+++ b/app/upgrades/v6_5_0/upgrade.go
@@ -0,0 +1,47 @@
+package v6_5_0
+
+import (
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/cosmos/cosmos-sdk/types/module"
+	upgradetypes "github.com/cosmos/cosmos-sdk/x/upgrade/types"
+
+	"github.com/cosmos/cosmos-sdk/codec"
+	"github.com/notional-labs/composable/v6/app/keepers"
+	"github.com/notional-labs/composable/v6/app/upgrades"
+	ibctransfermiddleware "github.com/notional-labs/composable/v6/x/ibctransfermiddleware/types"
+)
+
+func CreateUpgradeHandler(
+	mm *module.Manager,
+	configurator module.Configurator,
+	_ upgrades.BaseAppParamManager,
+	_ codec.Codec,
+	keepers *keepers.AppKeepers,
+) upgradetypes.UpgradeHandler {
+	return func(ctx sdk.Context, plan upgradetypes.Plan, vm module.VersionMap) (module.VersionMap, error) {
+		custommiddlewareparams := ibctransfermiddleware.DefaultGenesisState()
+		keepers.IbcTransferMiddlewareKeeper.SetParams(ctx, custommiddlewareparams.Params)
+
+		// remove broken proposals
+		BrokenProposals := [3]uint64{2, 6, 11}
+		for _, proposal_id := range BrokenProposals {
+			_, ok := keepers.GovKeeper.GetProposal(ctx, proposal_id)
+			if ok {
+				keepers.GovKeeper.DeleteProposal(ctx, proposal_id)
+			}
+
+		}
+
+		// burn extra ppica in escrow account
+		// this ppica is unused because it is a native token stored in escrow account
+		// it was unnecessarily minted to match pica escrowed on picasso to ppica minted
+		// in genesis, to make initial native ppica transferrable to picasso
+		amount, ok := sdk.NewIntFromString("1066669217167120000000")
+		if ok {
+			coins := sdk.Coins{sdk.NewCoin("ppica", amount)}
+			keepers.BankKeeper.SendCoinsFromAccountToModule(ctx, sdk.MustAccAddressFromBech32("centauri12k2pyuylm9t7ugdvz67h9pg4gmmvhn5vmvgw48"), "gov", coins)
+			keepers.BankKeeper.BurnCoins(ctx, "gov", coins)
+		}
+		return mm.RunMigrations(ctx, configurator, vm)
+	}
+}