diff --git a/app/upgrades.go b/app/upgrades.go
index 28f7e86e3a..d507b20ec2 100644
--- a/app/upgrades.go
+++ b/app/upgrades.go
@@ -52,10 +52,29 @@ func (app UmeeApp) RegisterUpgradeHandlers(bool) {
 	app.registerUpgrade4_3(upgradeInfo)
 	app.registerUpgrade("v4.4", upgradeInfo)
 	app.registerUpgrade("v5.0", upgradeInfo, ugov.ModuleName, wasm.ModuleName)
-	app.registerUpgrade("v5.1-alpha1", upgradeInfo, incentive.ModuleName)
+	app.registerUpgrade5_1(upgradeInfo)
 	// TODO: set correct 5.1 name and add borrowFactor migration
 }
 
+func (app *UmeeApp) registerUpgrade5_1(upgradeInfo upgradetypes.Plan) {
+	planName := "v5.1"
+	app.UpgradeKeeper.SetUpgradeHandler(planName,
+		func(ctx sdk.Context, plan upgradetypes.Plan, fromVM module.VersionMap) (module.VersionMap, error) {
+			app.storeUpgrade(planName, upgradeInfo, storetypes.StoreUpgrades{
+				Added: []string{incentive.ModuleName},
+			})
+
+			// TODO: set the correct drain account. This will panic if executed.
+			if err := app.GravityKeeper.MigrateFundsToDrainAccount(
+				ctx,
+				sdk.MustAccAddressFromBech32("the_drain_account"),
+			); err != nil {
+				return nil, err
+			}
+			return app.mm.RunMigrations(ctx, app.configurator, fromVM)
+		})
+}
+
 // performs upgrade from v4.2 to v4.3
 func (app *UmeeApp) registerUpgrade4_3(upgradeInfo upgradetypes.Plan) {
 	const planName = "v4.3"
diff --git a/go.mod b/go.mod
index 9ca79bf847..0afbff0690 100644
--- a/go.mod
+++ b/go.mod
@@ -334,7 +334,7 @@ require (
 
 replace (
 	github.com/CosmWasm/wasmd => github.com/notional-labs/wasmd v0.31.0-umee.46
-	github.com/Gravity-Bridge/Gravity-Bridge/module => github.com/umee-network/Gravity-Bridge/module v1.5.3-umee-9
+	github.com/Gravity-Bridge/Gravity-Bridge/module => github.com/umee-network/Gravity-Bridge/module v1.5.3-umee-10
 	github.com/cosmos/cosmos-sdk => github.com/umee-network/cosmos-sdk v0.46.13-umee
 	// dgrijalva/jwt-go is deprecated and doesn't receive security updates.
 	github.com/dgrijalva/jwt-go => github.com/golang-jwt/jwt/v4 v4.4.2
diff --git a/go.sum b/go.sum
index 17a2f1e7af..8ea76af234 100644
--- a/go.sum
+++ b/go.sum
@@ -1463,8 +1463,8 @@ github.com/ultraware/funlen v0.0.3 h1:5ylVWm8wsNwH5aWo9438pwvsK0QiqVuUrt9bn7S/iL
 github.com/ultraware/funlen v0.0.3/go.mod h1:Dp4UiAus7Wdb9KUZsYWZEWiRzGuM2kXM1lPbfaF6xhA=
 github.com/ultraware/whitespace v0.0.5 h1:hh+/cpIcopyMYbZNVov9iSxvJU3OYQg78Sfaqzi/CzI=
 github.com/ultraware/whitespace v0.0.5/go.mod h1:aVMh/gQve5Maj9hQ/hg+F75lr/X5A89uZnzAmWSineA=
-github.com/umee-network/Gravity-Bridge/module v1.5.3-umee-9 h1:uo8+3gFo/EhQtjbiP7AfN0Pqx6ddFf9iWcvlfeChNsY=
-github.com/umee-network/Gravity-Bridge/module v1.5.3-umee-9/go.mod h1:NR6UwQPZUoLckpOtCxgROWNEDzepe2JhxQ2u9cL+pbo=
+github.com/umee-network/Gravity-Bridge/module v1.5.3-umee-10 h1:aKj8zwDz6vZO/mOVCgLvEKI9PbZaF3AH4UJKv5npElg=
+github.com/umee-network/Gravity-Bridge/module v1.5.3-umee-10/go.mod h1:NR6UwQPZUoLckpOtCxgROWNEDzepe2JhxQ2u9cL+pbo=
 github.com/umee-network/bech32-ibc v0.3.3 h1:wUX5uSYZl8yiFdttOvunfRihsE4miYmzl7pK2FEUs+U=
 github.com/umee-network/bech32-ibc v0.3.3/go.mod h1:UbhzCKN+Z7RoUdCkAanmIy+wufwQ/aQJrDEoVORhC2Y=
 github.com/umee-network/cosmos-sdk v0.46.13-umee h1:EeSalZHGoWdkKkCNhNd80jzRMNEQWLyDPUU5aUJQpIs=