diff --git a/go.mod b/go.mod
index 5be266d..ece556a 100644
--- a/go.mod
+++ b/go.mod
@@ -6,6 +6,7 @@ require (
 	cosmossdk.io/api v0.3.1
 	cosmossdk.io/errors v1.0.0
 	cosmossdk.io/tools/rosetta v0.2.1
+	// we also need to update `LIBWASMVM_VERSION` of images/private/Dockerfile#5
 	github.com/CosmWasm/wasmd v0.44.0
 	github.com/cometbft/cometbft v0.37.2
 	github.com/cometbft/cometbft-db v0.8.0
@@ -15,7 +16,7 @@ require (
 	github.com/golang/mock v1.6.0
 	github.com/gorilla/mux v1.8.0
 	github.com/initia-labs/OPinit v0.1.0-beta.2
-	github.com/initia-labs/initia v0.1.2-beta.0.0.20231110030553-37758f169dd6
+	github.com/initia-labs/initia v0.1.2-beta.2
 	github.com/pkg/errors v0.9.1
 	github.com/prometheus/client_golang v1.16.0
 	github.com/rakyll/statik v0.1.7
diff --git a/go.sum b/go.sum
index 547089c..66eb6fa 100644
--- a/go.sum
+++ b/go.sum
@@ -667,9 +667,9 @@ github.com/initia-labs/OPinit v0.1.0-beta.2 h1:JTtgkPWg/11FrWqnNx6Wl/DBMafco++6o
 github.com/initia-labs/OPinit v0.1.0-beta.2/go.mod h1:MPnFU2x4xzeT3L8K3lc0wkOl09o/oekEabPHIwWdqJg=
 github.com/initia-labs/cometbft v0.0.0-20230712071302-2eb72ff629a1 h1:uRvrlR44s83ZdXW+zudw1cy/jMv1X4n/l62glM9RTw0=
 github.com/initia-labs/cometbft v0.0.0-20230712071302-2eb72ff629a1/go.mod h1:Y2MMMN//O5K4YKd8ze4r9jmk4Y7h0ajqILXbH5JQFVs=
-github.com/initia-labs/initia v0.1.2-beta.0.0.20231110030553-37758f169dd6 h1:aTPET/5p8EaGhQyciwWReAmqlEQYfytYM9eVDj5IMYw=
-github.com/initia-labs/initia v0.1.2-beta.0.0.20231110030553-37758f169dd6/go.mod h1:BBBpJTY897xqS3AGVWravGrjT7jsT0QfTTqc4o0rLkE=
-github.com/initia-labs/initiavm v0.1.2-beta.0.0.20231019090616-843ae36c29c4 h1:ecTAJQ2eeT+73L5VUBwT4hoj0e9MV3q0U4qoK8rgT0c=
+github.com/initia-labs/initia v0.1.2-beta.2 h1:8xIvYHUTb8pVHB1tkHD72n6IFEpWkHOgkY2TfrkXEnk=
+github.com/initia-labs/initia v0.1.2-beta.2/go.mod h1:ioCLAUJMrExU3UbDeOtNsPVbIc/eeZHab7mABd3wdcY=
+github.com/initia-labs/initiavm v0.1.2-beta.2 h1:i6ksQG9H40yxCCZLIFMme7PdmbkiiiI68Sum0HoKpiQ=
 github.com/jhump/protoreflect v1.15.1 h1:HUMERORf3I3ZdX05WaQ6MIpd/NJ434hTp5YiKgfCL6c=
 github.com/jmespath/go-jmespath v0.0.0-20180206201540-c2b33e8439af/go.mod h1:Nht3zPeWKUH0NzdCt2Blrr5ys8VGpn0CEB0cQHVjt7k=
 github.com/jmespath/go-jmespath v0.4.0 h1:BEgLn5cpjn8UN1mAw4NjwDrS35OdebyEtFe+9YPoQUg=
@@ -906,7 +906,6 @@ github.com/sirupsen/logrus v1.4.2/go.mod h1:tLMulIdttU9McNUspp0xgXVQah82FyeX6Mwd
 github.com/sirupsen/logrus v1.6.0/go.mod h1:7uNnSEd1DgxDLC74fIahvMZmmYsHGZGEOFrfsX/uA88=
 github.com/sirupsen/logrus v1.7.0/go.mod h1:yWOB1SBYBC5VeMP7gHvWumXLIWorT60ONWic61uBYv0=
 github.com/sirupsen/logrus v1.9.0 h1:trlNQbNUG3OdDrDil03MCb1H2o9nJ1x4/5LYw7byDE0=
-github.com/skip-mev/block-sdk v1.1.0 h1:cYEO/ASxhtasdRStMXhw1cWOjCJ78Z3J+K01n++OHkU=
 github.com/skip-mev/pob v1.0.4 h1:Degz+Pdm9pCom16bbLawZhXi6PbYPiiJe6cGjBE5g30=
 github.com/skip-mev/pob v1.0.4/go.mod h1:tpZivmkiDgCO6O79qBnK4eJQjuJeR9yUzc1jPlGaE1s=
 github.com/smartystreets/assertions v0.0.0-20180927180507-b2de0cb4f26d/go.mod h1:OnSkiWE9lh6wB0YB77sQom3nweQdgAjqCqsofrRNTgc=