diff --git a/scripts/examples/incentive/upgrade.sh b/scripts/examples/incentive/upgrade.sh
new file mode 100644
index 000000000..3e890ff83
--- /dev/null
+++ b/scripts/examples/incentive/upgrade.sh
@@ -0,0 +1,64 @@
+#!/usr/bin/env bash
+
+# start old chain
+cd /<path-to-old>/elys
+ignite chain serve --verbose --reset-once
+
+# stake Elys token
+elysd query staking validators
+elysd keys add user1 --keyring-backend=test --recover
+# beef model palm pepper claim taste climb primary category gallery lava mimic future festival sign milk present toss basket reflect dignity frame scan hat
+elysd tx bank send treasury elys1r8nfpk0t4g6r7542g99s8ymxwzpsg57alx7gue 1000000000000uelys --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes 
+elysd tx staking delegate elysvaloper12tzylat4udvjj56uuhu3vj2n4vgp7cf9pwcqcs 100000000000uelys --from=user1 --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+
+# claim Eden reward and commit
+elysd keys show -a treasury --keyring-backend=test
+elysd query commitment show-commitments elys1r8nfpk0t4g6r7542g99s8ymxwzpsg57alx7gue
+elysd tx incentive withdraw-rewards --from=user1 --keyring-backend=test --chain-id=elystestnet-1 --yes 
+elysd tx commitment commit-claimed-rewards 342464 ueden --from=user1 --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+
+# create vesting from Eden to Elys
+elysd tx commitment vest 1284240 ueden --from=user1 --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd query commitment show-commitments elys1r8nfpk0t4g6r7542g99s8ymxwzpsg57alx7gue
+
+# create liquidity pool
+elysd tx amm create-pool 10uatom,10uusdc 100000000000uatom,10000000000uusdc --swap-fee=0.00 --exit-fee=0.00 --use-oracle=false --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd tx stablestake bond 19800000000 --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd query commitment show-commitments elys12tzylat4udvjj56uuhu3vj2n4vgp7cf9fwna9w
+
+# Migration proposal to "masterchef" version
+elysd tx gov submit-legacy-proposal software-upgrade "masterchef" --upgrade-height=150 --deposit=10000000uelys --title="XXX" --description="XXX" --no-validate --from=treasury --fees=100000uelys --gas=200000 -y
+elysd tx gov vote 1 yes --from=treasury --fees=100000uelys --gas=200000 -y
+elysd tx gov vote 1 yes --from=user1 --fees=100000uelys --gas=200000 -y
+elysd query gov tally 1
+elysd query gov proposals
+
+# Migrate and check if distribution module and Eden/EdenB commit work as expected
+cd /<path-to-new>/elys
+go install ./cmd/elysd/
+elysd start
+
+# Test functionalities after upgrade
+VALIDATOR=elysvaloper12tzylat4udvjj56uuhu3vj2n4vgp7cf9pwcqcs
+EDEN_VAL=elysvaloper1gnmpr8vvslp3shcq6e922xr0uq4aa2w5gdzht0
+EDENB_VAL=elysvaloper1wajd6ekh9u37hyghyw4mme59qmjllzuyaceanm
+
+# estaking functionalities
+elysd tx commitment commit-claimed-rewards 173430717 ueden --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd query distribution rewards $TREASURY $EDEN_VAL
+elysd query commitment show-commitments $TREASURY
+elysd query staking delegations $TREASURY
+
+elysd tx distribution withdraw-rewards $VALIDATOR --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd tx distribution withdraw-rewards $EDEN_VAL --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd tx distribution withdraw-rewards $EDENB_VAL --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+
+elysd tx staking delegate elysvaloper12tzylat4udvjj56uuhu3vj2n4vgp7cf9pwcqcs 100000000000uelys --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd query distribution rewards elys1r8nfpk0t4g6r7542g99s8ymxwzpsg57alx7gue $EDEN_VAL
+elysd query estaking params
+
+# masterchef functionalities
+elysd query masterchef user-pending-reward elys1r8nfpk0t4g6r7542g99s8ymxwzpsg57alx7gue
+elysd tx masterchef claim-rewards --pool-ids=1 --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+elysd tx masterchef claim-rewards --pool-ids=32767 --from=treasury --keyring-backend=test --chain-id=elystestnet-1 --yes --gas=1000000
+