diff --git a/app/upgrades.go b/app/upgrades.go
index f6b0885f..70652865 100644
--- a/app/upgrades.go
+++ b/app/upgrades.go
@@ -7,7 +7,7 @@ import (
 
 	storetypes "cosmossdk.io/store/types"
 	"github.com/realiotech/realio-network/app/upgrades/commission"
-	v2 "github.com/realiotech/realio-network/app/upgrades/v2"
+	v1 "github.com/realiotech/realio-network/app/upgrades/v1"
 
 	upgradetypes "cosmossdk.io/x/upgrade/types"
 	sdk "github.com/cosmos/cosmos-sdk/types"
@@ -49,8 +49,8 @@ func (app *RealioNetwork) setupUpgradeHandlers() {
 	)
 
 	app.UpgradeKeeper.SetUpgradeHandler(
-		v2.UpgradeName,
-		v2.CreateUpgradeHandler(
+		v1.UpgradeName,
+		v1.CreateUpgradeHandler(
 			app.mm,
 			app.configurator,
 			app.ParamsKeeper,
@@ -73,7 +73,7 @@ func (app *RealioNetwork) setupUpgradeHandlers() {
 		return
 	}
 
-	if upgradeInfo.Name == v2.UpgradeName && !app.UpgradeKeeper.IsSkipHeight(upgradeInfo.Height) {
-		app.SetStoreLoader(upgradetypes.UpgradeStoreLoader(upgradeInfo.Height, &v2.V2StoreUpgrades))
+	if upgradeInfo.Name == v1.UpgradeName && !app.UpgradeKeeper.IsSkipHeight(upgradeInfo.Height) {
+		app.SetStoreLoader(upgradetypes.UpgradeStoreLoader(upgradeInfo.Height, &v1.V1StoreUpgrades))
 	}
 }
diff --git a/app/upgrades/v2/constants.go b/app/upgrades/v1/constants.go
similarity index 83%
rename from app/upgrades/v2/constants.go
rename to app/upgrades/v1/constants.go
index ce7caad6..29c8e1e5 100644
--- a/app/upgrades/v2/constants.go
+++ b/app/upgrades/v1/constants.go
@@ -1,4 +1,4 @@
-package v2
+package v1
 
 import (
 	storetypes "cosmossdk.io/store/types"
@@ -9,10 +9,10 @@ import (
 
 const (
 	// UpgradeName defines the on-chain upgrade name.
-	UpgradeName = "v2"
+	UpgradeName = "v1"
 )
 
-var V2StoreUpgrades = storetypes.StoreUpgrades{
+var V1StoreUpgrades = storetypes.StoreUpgrades{
 	Added: []string{
 		consensustypes.ModuleName,
 		crisistypes.ModuleName,
diff --git a/app/upgrades/v2/upgrades.go b/app/upgrades/v1/upgrades.go
similarity index 99%
rename from app/upgrades/v2/upgrades.go
rename to app/upgrades/v1/upgrades.go
index 4a5ddf23..cb58bb28 100644
--- a/app/upgrades/v2/upgrades.go
+++ b/app/upgrades/v1/upgrades.go
@@ -1,4 +1,4 @@
-package v2
+package v1
 
 import (
 	"context"