diff --git a/app/app.go b/app/app.go
index 3567f75..e4d4983 100644
--- a/app/app.go
+++ b/app/app.go
@@ -424,6 +424,7 @@ func NewApp(
 		runtime.NewKVStoreService(keys[poa.StoreKey]),
 		app.StakingKeeper,
 		app.SlashingKeeper,
+		app.BankKeeper,
 		authcodec.NewBech32Codec(sdk.Bech32PrefixValAddr),
 		logger,
 	)
diff --git a/go.mod b/go.mod
index ffe8efe..744ff7c 100644
--- a/go.mod
+++ b/go.mod
@@ -44,6 +44,7 @@ require (
 	github.com/cosmos/ibc-go/modules/capability v1.0.0
 	github.com/cosmos/ibc-go/v8 v8.0.0
 	github.com/golang/protobuf v1.5.3
+	github.com/gorilla/mux v1.8.1
 	github.com/grpc-ecosystem/grpc-gateway v1.16.0
 	github.com/prometheus/client_golang v1.18.0 // indirect
 	github.com/reecepbcups/tokenfactory v0.50.0-alpha.3
@@ -52,6 +53,7 @@ require (
 	github.com/spf13/cobra v1.8.0
 	github.com/spf13/pflag v1.0.5
 	github.com/spf13/viper v1.18.2
+	github.com/strangelove-ventures/poa v0.0.1-alpha.3
 	github.com/stretchr/testify v1.8.4
 	google.golang.org/genproto/googleapis/api v0.0.0-20231120223509-83a465c0220f
 	google.golang.org/grpc v1.60.1
@@ -211,8 +213,3 @@ require (
 	pgregory.net/rapid v1.1.0 // indirect
 	sigs.k8s.io/yaml v1.4.0 // indirect
 )
-
-require (
-	github.com/gorilla/mux v1.8.1
-	github.com/strangelove-ventures/poa v0.0.1-alpha.2
-)
diff --git a/go.sum b/go.sum
index a5dfd1b..758e030 100644
--- a/go.sum
+++ b/go.sum
@@ -1689,8 +1689,8 @@ github.com/spf13/pflag v1.0.5 h1:iy+VFUOCP1a+8yFto/drg2CJ5u0yRoB7fZw3DKv/JXA=
 github.com/spf13/pflag v1.0.5/go.mod h1:McXfInJRrz4CZXVZOBLb0bTZqETkiAhM9Iw0y3An2Bg=
 github.com/spf13/viper v1.17.0 h1:I5txKw7MJasPL/BrfkbA0Jyo/oELqVmux4pR/UxOMfI=
 github.com/spf13/viper v1.17.0/go.mod h1:BmMMMLQXSbcHK6KAOiFLz0l5JHrU89OdIRHvsk0+yVI=
-github.com/strangelove-ventures/poa v0.0.1-alpha.2 h1:cBzb+iJVICwUt1J/H+hTyTXOSj9UhMWP3UbxEVr+6c8=
-github.com/strangelove-ventures/poa v0.0.1-alpha.2/go.mod h1:LcmorSGWRyn/M5hch7dAW7l0aYL+VSw28uzdsjdOduc=
+github.com/strangelove-ventures/poa v0.0.1-alpha.3 h1:BtmF6nJDBARDNefO0axuMD82+nkZQWa2OkZXQaQTwpI=
+github.com/strangelove-ventures/poa v0.0.1-alpha.3/go.mod h1:LcmorSGWRyn/M5hch7dAW7l0aYL+VSw28uzdsjdOduc=
 github.com/streadway/amqp v0.0.0-20190404075320-75d898a42a94/go.mod h1:AZpEONHx3DKn8O/DFsRAY58/XVQiIPMTMB1SddzLXVw=
 github.com/streadway/amqp v0.0.0-20190827072141-edfb9018d271/go.mod h1:AZpEONHx3DKn8O/DFsRAY58/XVQiIPMTMB1SddzLXVw=
 github.com/streadway/handy v0.0.0-20190108123426-d5acb3125c2a/go.mod h1:qNTQ5P5JnDBl6z3cMAg/SywNDC5ABu5ApDIw6lUbRmI=
diff --git a/x/manifest/abci.go b/x/manifest/abci.go
index 49c3c6a..e9c2a52 100644
--- a/x/manifest/abci.go
+++ b/x/manifest/abci.go
@@ -36,12 +36,8 @@ func BeginBlocker(ctx context.Context, k keeper.Keeper, mk mintkeeper.Keeper, bk
 	// recalculate inflation rate
 	totalSupply := bk.GetSupply(ctx, "umfx").Amount
 
-	// bondedRatio, err := k.BondedRatio(ctx)
-	// if err != nil {
-	// 	return err
-	// }
-	// always 0 for us
-	bondedRatio := sdkmath.LegacyZeroDec()
+	// TODO(reece): max bond ratio will always use the minimum inflation value. This is likely desired.
+	bondedRatio := sdkmath.LegacyOneDec()
 
 	minter.Inflation = ic(ctx, minter, params, bondedRatio)
 	minter.AnnualProvisions = minter.NextAnnualProvisions(params, totalSupply)