diff --git a/scripts/simapp50/env b/scripts/simapp50/env
index aff1fde249..f9d72aef6d 100644
--- a/scripts/simapp50/env
+++ b/scripts/simapp50/env
@@ -1,5 +1,5 @@
 # Choose from https://github.com/cosmos/cosmos-sdk/pkgs/container/simapp
 REPOSITORY="ghcr.io/cosmos/simapp"
-VERSION="0.50.0-rc.1"
+VERSION="0.50.1"
 CONTAINER_NAME="simapp"
 CONTAINER_NAME_SLOW="simapp-slow"
diff --git a/scripts/simapp50/template/.simapp/config/genesis.json b/scripts/simapp50/template/.simapp/config/genesis.json
index 7020d5f55f..268869501d 100644
--- a/scripts/simapp50/template/.simapp/config/genesis.json
+++ b/scripts/simapp50/template/.simapp/config/genesis.json
@@ -590,6 +590,7 @@
           }
         ],
         "min_initial_deposit_ratio": "0.000000000000000000",
+        "min_deposit_ratio": "0.010000000000000000",
         "quorum": "0.334000000000000000",
         "threshold": "0.500000000000000000",
         "veto_threshold": "0.334000000000000000",
diff --git a/scripts/simapp50/template_slow/.simapp/config/genesis.json b/scripts/simapp50/template_slow/.simapp/config/genesis.json
index 7020d5f55f..268869501d 100644
--- a/scripts/simapp50/template_slow/.simapp/config/genesis.json
+++ b/scripts/simapp50/template_slow/.simapp/config/genesis.json
@@ -590,6 +590,7 @@
           }
         ],
         "min_initial_deposit_ratio": "0.000000000000000000",
+        "min_deposit_ratio": "0.010000000000000000",
         "quorum": "0.334000000000000000",
         "threshold": "0.500000000000000000",
         "veto_threshold": "0.334000000000000000",