diff --git a/x/incentive/keeper/keeper_utils_test.go b/x/incentive/keeper/keeper_utils_test.go
new file mode 100644
index 00000000..2dac8ae2
--- /dev/null
+++ b/x/incentive/keeper/keeper_utils_test.go
@@ -0,0 +1,48 @@
+package keeper_test
+
+import (
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/kava-labs/kava/x/incentive/keeper"
+	"github.com/kava-labs/kava/x/incentive/types"
+)
+
+// TestKeeper is a test wrapper for the keeper which contains useful methods for testing
+type TestKeeper struct {
+	keeper.Keeper
+}
+
+func (keeper TestKeeper) storeGlobalBorrowIndexes(ctx sdk.Context, indexes types.MultiRewardIndexes) {
+	for _, i := range indexes {
+		keeper.SetHardBorrowRewardIndexes(ctx, i.CollateralType, i.RewardIndexes)
+	}
+}
+
+func (keeper TestKeeper) storeGlobalSupplyIndexes(ctx sdk.Context, indexes types.MultiRewardIndexes) {
+	for _, i := range indexes {
+		keeper.SetHardSupplyRewardIndexes(ctx, i.CollateralType, i.RewardIndexes)
+	}
+}
+
+func (keeper TestKeeper) storeGlobalDelegatorIndexes(ctx sdk.Context, multiRewardIndexes types.MultiRewardIndexes) {
+	// Hardcoded to use bond denom
+	multiRewardIndex, _ := multiRewardIndexes.GetRewardIndex(types.BondDenom)
+	keeper.SetDelegatorRewardIndexes(ctx, types.BondDenom, multiRewardIndex.RewardIndexes)
+}
+
+func (keeper TestKeeper) storeGlobalSwapIndexes(ctx sdk.Context, indexes types.MultiRewardIndexes) {
+	for _, i := range indexes {
+		keeper.SetSwapRewardIndexes(ctx, i.CollateralType, i.RewardIndexes)
+	}
+}
+
+func (keeper TestKeeper) storeGlobalSavingsIndexes(ctx sdk.Context, indexes types.MultiRewardIndexes) {
+	for _, i := range indexes {
+		keeper.SetSavingsRewardIndexes(ctx, i.CollateralType, i.RewardIndexes)
+	}
+}
+
+func (keeper TestKeeper) storeGlobalEarnIndexes(ctx sdk.Context, indexes types.MultiRewardIndexes) {
+	for _, i := range indexes {
+		keeper.SetEarnRewardIndexes(ctx, i.CollateralType, i.RewardIndexes)
+	}
+}
diff --git a/x/incentive/keeper/msg_server_earn_test.go b/x/incentive/keeper/msg_server_earn_test.go
index 0e160627..aab483f5 100644
--- a/x/incentive/keeper/msg_server_earn_test.go
+++ b/x/incentive/keeper/msg_server_earn_test.go
@@ -6,8 +6,11 @@ import (
 	sdk "github.com/cosmos/cosmos-sdk/types"
 	abci "github.com/tendermint/tendermint/abci/types"
 
+	"github.com/cosmos/cosmos-sdk/x/distribution"
 	distrtypes "github.com/cosmos/cosmos-sdk/x/distribution/types"
+	"github.com/cosmos/cosmos-sdk/x/mint"
 	earntypes "github.com/kava-labs/kava/x/earn/types"
+	"github.com/kava-labs/kava/x/incentive"
 	"github.com/kava-labs/kava/x/incentive/testutil"
 	"github.com/kava-labs/kava/x/incentive/types"
 	liquidtypes "github.com/kava-labs/kava/x/liquid/types"
@@ -25,20 +28,26 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 		WithSimpleAccount(validatorAddr1, cs(c("ukava", 1e12))).
 		WithSimpleAccount(validatorAddr2, cs(c("ukava", 1e12)))
 
-	incentBuilder := suite.incentiveBuilder()
+	incentBuilder := suite.incentiveBuilder().
+		WithSimpleEarnRewardPeriod("bkava", cs())
 
 	savingsBuilder := testutil.NewSavingsGenesisBuilder().
 		WithSupportedDenoms("bkava")
 
-	earnBuilder := suite.earnBuilder().
-		WithVault(earntypes.AllowedVault{
+	earnBuilder := testutil.NewEarnGenesisBuilder().
+		WithAllowedVaults(earntypes.AllowedVault{
 			Denom:             "bkava",
 			Strategies:        earntypes.StrategyTypes{earntypes.STRATEGY_TYPE_SAVINGS},
 			IsPrivateVault:    false,
 			AllowedDepositors: nil,
 		})
 
-	suite.SetupWithGenState(authBuilder, incentBuilder, earnBuilder, savingsBuilder)
+	suite.SetupWithGenState(
+		authBuilder,
+		incentBuilder,
+		earnBuilder,
+		savingsBuilder,
+	)
 
 	// ak := suite.App.GetAccountKeeper()
 	// bk := suite.App.GetBankKeeper()
@@ -48,6 +57,11 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 	dk := suite.App.GetDistrKeeper()
 	ik := suite.App.GetIncentiveKeeper()
 
+	iParams := ik.GetParams(suite.Ctx)
+	period, found := iParams.EarnRewardPeriods.GetMultiRewardPeriod("bkava")
+	suite.Require().True(found)
+	suite.Require().Equal("bkava", period.CollateralType)
+
 	// Use ukava for mint denom
 	mParams := mk.GetParams(suite.Ctx)
 	mParams.MintDenom = "ukava"
@@ -84,13 +98,13 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 	suite.Require().NoError(err)
 
 	// Mint liquid tokens
-	err = suite.DeliverMsgMintDerivative(userAddr1, valAddr1, c("ukava", 1e9))
+	_, err = suite.DeliverMsgMintDerivative(userAddr1, valAddr1, c("ukava", 1e9))
 	suite.Require().NoError(err)
 
-	err = suite.DeliverMsgMintDerivative(userAddr2, valAddr1, c("ukava", 99e9))
+	_, err = suite.DeliverMsgMintDerivative(userAddr2, valAddr1, c("ukava", 99e9))
 	suite.Require().NoError(err)
 
-	err = suite.DeliverMsgMintDerivative(userAddr2, valAddr2, c("ukava", 99e9))
+	_, err = suite.DeliverMsgMintDerivative(userAddr2, valAddr2, c("ukava", 99e9))
 	suite.Require().NoError(err)
 
 	// Deposit liquid tokens to earn
@@ -118,18 +132,29 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 		Power:   100,
 	}
 
+	// Query for next block to get staking rewards
 	suite.Ctx = suite.Ctx.
 		WithBlockHeight(suite.Ctx.BlockHeight() + 1).
-		WithBlockTime(suite.Ctx.BlockTime().Add(1 * time.Hour))
-	// Accumulate some staking rewards
-	_ = suite.App.BeginBlocker(suite.Ctx, abci.RequestBeginBlock{
-		LastCommitInfo: abci.LastCommitInfo{
-			Votes: []abci.VoteInfo{{
-				Validator:       val,
-				SignedLastBlock: true,
-			}},
+		WithBlockTime(suite.Ctx.BlockTime().Add(7 * time.Second))
+
+	// Mint tokens
+	mint.BeginBlocker(
+		suite.Ctx,
+		suite.App.GetMintKeeper(),
+	)
+	// Distribute to validators, block needs votes
+	distribution.BeginBlocker(
+		suite.Ctx,
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{{
+					Validator:       val,
+					SignedLastBlock: true,
+				}},
+			},
 		},
-	})
+		dk,
+	)
 
 	liquidMacc := suite.App.GetAccountKeeper().GetModuleAccount(suite.Ctx, liquidtypes.ModuleAccountName)
 	delegation, found := sk.GetDelegation(suite.Ctx, liquidMacc.GetAddress(), valAddr1)
@@ -137,18 +162,25 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 
 	// Get amount of rewards
 	endingPeriod := dk.IncrementValidatorPeriod(suite.Ctx, validator1)
-	delegationRewards := dk.CalculateDelegationRewards(suite.Ctx, validator1, delegation, endingPeriod)
 
-	// Accumulate rewards - claim rewards
-	rewardPeriod := types.NewMultiRewardPeriod(
-		true,
-		"bkava",         // reward period is set for "bkava" to apply to all vaults
-		time.Unix(0, 0), // ensure the test is within start and end times
-		distantFuture,
-		cs(), // no incentives, so only the staking rewards are distributed
+	// Zero rewards since this block is the same as the block it was last claimed
+
+	// This needs to run **after** staking rewards are minted/distributed in
+	// x/mint + x/distribution but **before** the x/incentive BeginBlocker.
+
+	// Order of operations:
+	// 1. x/mint + x/distribution BeginBlocker
+	// 2. CalculateDelegationRewards
+	// 3. x/incentive BeginBlocker to claim staking rewards
+	delegationRewards := dk.CalculateDelegationRewards(suite.Ctx, validator1, delegation, endingPeriod)
+	suite.Require().False(delegationRewards.IsZero(), "expected non-zero delegation rewards")
+
+	// Claim staking rewards via incentive.
+	// Block height was updated earlier.
+	incentive.BeginBlocker(
+		suite.Ctx,
+		ik,
 	)
-	err = ik.AccumulateEarnRewards(suite.Ctx, rewardPeriod)
-	suite.Require().NoError(err)
 
 	preClaimBal1 := suite.GetBalance(userAddr1)
 	preClaimBal2 := suite.GetBalance(userAddr2)
@@ -171,15 +203,15 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 	// User 2 gets 99% of rewards
 	stakingRewards1 := delegationRewards.
 		AmountOf("ukava").
-		QuoInt64(100).
+		Quo(sdk.NewDec(100)).
 		RoundInt()
 	suite.BalanceEquals(userAddr1, preClaimBal1.Add(sdk.NewCoin("ukava", stakingRewards1)))
 
 	// Total * 99 / 100
 	stakingRewards2 := delegationRewards.
 		AmountOf("ukava").
-		MulInt64(99).
-		QuoInt64(100).
+		Mul(sdk.NewDec(99)).
+		Quo(sdk.NewDec(100)).
 		TruncateInt()
 	suite.BalanceEquals(userAddr2, preClaimBal2.Add(sdk.NewCoin("ukava", stakingRewards2)))
 
@@ -189,9 +221,3 @@ func (suite *HandlerTestSuite) TestEarnLiquidClaim() {
 	suite.EarnRewardEquals(userAddr1, cs())
 	suite.EarnRewardEquals(userAddr2, cs())
 }
-
-// earnBuilder returns a new earn genesis builder with a genesis time and multipliers set
-func (suite *HandlerTestSuite) earnBuilder() testutil.EarnGenesisBuilder {
-	return testutil.NewEarnGenesisBuilder().
-		WithGenesisTime(suite.genesisTime)
-}
diff --git a/x/incentive/keeper/msg_server_swap_test.go b/x/incentive/keeper/msg_server_swap_test.go
index 92a2fba8..7a5b9a12 100644
--- a/x/incentive/keeper/msg_server_swap_test.go
+++ b/x/incentive/keeper/msg_server_swap_test.go
@@ -4,7 +4,6 @@ import (
 	"testing"
 	"time"
 
-	"github.com/cosmos/cosmos-sdk/codec"
 	sdk "github.com/cosmos/cosmos-sdk/types"
 	vestingtypes "github.com/cosmos/cosmos-sdk/x/auth/vesting/types"
 	"github.com/stretchr/testify/suite"
@@ -46,11 +45,7 @@ func (suite *HandlerTestSuite) SetupApp() {
 	suite.Ctx = suite.App.NewContext(true, tmproto.Header{Height: 1, Time: suite.genesisTime})
 }
 
-type genesisBuilder interface {
-	BuildMarshalled(cdc codec.JSONCodec) app.GenesisState
-}
-
-func (suite *HandlerTestSuite) SetupWithGenState(builders ...genesisBuilder) {
+func (suite *HandlerTestSuite) SetupWithGenState(builders ...testutil.GenesisBuilder) {
 	suite.SetupApp()
 
 	builtGenStates := []app.GenesisState{
diff --git a/x/incentive/keeper/rewards_borrow_test.go b/x/incentive/keeper/rewards_borrow_test.go
index 27674779..de089a98 100644
--- a/x/incentive/keeper/rewards_borrow_test.go
+++ b/x/incentive/keeper/rewards_borrow_test.go
@@ -56,8 +56,8 @@ func (suite *BorrowIntegrationTests) TestSingleUserAccumulatesRewardsAfterSyncin
 		WithSimpleBorrowRewardPeriod("bnb", cs(c("hard", 1e6))) // only borrow rewards
 
 	suite.SetApp()
+	suite.WithGenesisTime(suite.genesisTime)
 	suite.StartChain(
-		suite.genesisTime,
 		NewPricefeedGenStateMultiFromTime(suite.App.AppCodec(), suite.genesisTime),
 		NewHardGenStateMulti(suite.genesisTime).BuildMarshalled(suite.App.AppCodec()),
 		authBulder.BuildMarshalled(suite.App.AppCodec()),
diff --git a/x/incentive/keeper/rewards_earn_accum_integration_test.go b/x/incentive/keeper/rewards_earn_accum_integration_test.go
new file mode 100644
index 00000000..51e3dfa0
--- /dev/null
+++ b/x/incentive/keeper/rewards_earn_accum_integration_test.go
@@ -0,0 +1,657 @@
+package keeper_test
+
+import (
+	"testing"
+	"time"
+
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/stretchr/testify/suite"
+	abci "github.com/tendermint/tendermint/abci/types"
+
+	"github.com/kava-labs/kava/app"
+	earntypes "github.com/kava-labs/kava/x/earn/types"
+	"github.com/kava-labs/kava/x/incentive/testutil"
+	"github.com/kava-labs/kava/x/incentive/types"
+)
+
+type AccumulateEarnRewardsIntegrationTests struct {
+	testutil.IntegrationTester
+
+	keeper    TestKeeper
+	userAddrs []sdk.AccAddress
+	valAddrs  []sdk.ValAddress
+}
+
+func TestAccumulateEarnRewardsIntegrationTests(t *testing.T) {
+	suite.Run(t, new(AccumulateEarnRewardsIntegrationTests))
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) SetupTest() {
+	suite.IntegrationTester.SetupTest()
+
+	suite.keeper = TestKeeper{
+		Keeper: suite.App.GetIncentiveKeeper(),
+	}
+
+	_, addrs := app.GeneratePrivKeyAddressPairs(5)
+	suite.userAddrs = addrs[0:2]
+	suite.valAddrs = []sdk.ValAddress{
+		sdk.ValAddress(addrs[2]),
+		sdk.ValAddress(addrs[3]),
+	}
+
+	// Setup app with test state
+	authBuilder := app.NewAuthBankGenesisBuilder().
+		WithSimpleAccount(addrs[0], cs(c("ukava", 1e12))).
+		WithSimpleAccount(addrs[1], cs(c("ukava", 1e12))).
+		WithSimpleAccount(addrs[2], cs(c("ukava", 1e12))).
+		WithSimpleAccount(addrs[3], cs(c("ukava", 1e12)))
+
+	incentiveBuilder := testutil.NewIncentiveGenesisBuilder().
+		WithGenesisTime(suite.GenesisTime).
+		WithSimpleEarnRewardPeriod("bkava", cs())
+
+	savingsBuilder := testutil.NewSavingsGenesisBuilder().
+		WithSupportedDenoms("bkava")
+
+	earnBuilder := testutil.NewEarnGenesisBuilder().
+		WithAllowedVaults(earntypes.AllowedVault{
+			Denom:             "bkava",
+			Strategies:        earntypes.StrategyTypes{earntypes.STRATEGY_TYPE_SAVINGS},
+			IsPrivateVault:    false,
+			AllowedDepositors: nil,
+		})
+
+	stakingBuilder := testutil.NewStakingGenesisBuilder()
+
+	mintBuilder := testutil.NewMintGenesisBuilder().
+		WithInflationMax(sdk.OneDec()).
+		WithInflationMin(sdk.OneDec()).
+		WithMinter(sdk.OneDec(), sdk.ZeroDec()).
+		WithMintDenom("ukava")
+
+	suite.StartChainWithBuilders(
+		authBuilder,
+		incentiveBuilder,
+		savingsBuilder,
+		earnBuilder,
+		stakingBuilder,
+		mintBuilder,
+	)
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) TestStateUpdatedWhenBlockTimeHasIncreased() {
+	suite.AddIncentiveEarnMultiRewardPeriod(
+		types.NewMultiRewardPeriod(
+			true,
+			"bkava",         // reward period is set for "bkava" to apply to all vaults
+			time.Unix(0, 0), // ensure the test is within start and end times
+			distantFuture,
+			cs(c("earn", 2000), c("ukava", 1000)), // same denoms as in global indexes
+		),
+	)
+
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], c("ukava", 800000))
+	suite.NoError(err)
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[1], suite.valAddrs[1], c("ukava", 200000))
+	suite.NoError(err)
+
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[0], derivative0, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[1], derivative1, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+
+	globalIndexes := types.MultiRewardIndexes{
+		{
+			CollateralType: derivative0.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+		{
+			CollateralType: derivative1.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+	}
+
+	suite.keeper.storeGlobalEarnIndexes(suite.Ctx, globalIndexes)
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative0.Denom, suite.Ctx.BlockTime())
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative1.Denom, suite.Ctx.BlockTime())
+
+	val0 := suite.GetAbciValidator(suite.valAddrs[0])
+	val1 := suite.GetAbciValidator(suite.valAddrs[1])
+
+	// Mint tokens, distribute to validators, claim staking rewards
+	// 1 hour later
+	_, resBeginBlock := suite.NextBlockAfterWithReq(
+		1*time.Hour,
+		abci.RequestEndBlock{},
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{
+					{
+						Validator:       val0,
+						SignedLastBlock: true,
+					},
+					{
+						Validator:       val1,
+						SignedLastBlock: true,
+					},
+				},
+			},
+		},
+	)
+
+	validatorRewards, _ := suite.GetBeginBlockClaimedStakingRewards(resBeginBlock)
+
+	suite.Require().Contains(validatorRewards, suite.valAddrs[1].String(), "there should be claim events for validator 0")
+	suite.Require().Contains(validatorRewards, suite.valAddrs[0].String(), "there should be claim events for validator 1")
+
+	// check time and factors
+
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	stakingRewardIndexes0 := validatorRewards[suite.valAddrs[0].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(derivative0.Amount.ToDec())
+
+	stakingRewardIndexes1 := validatorRewards[suite.valAddrs[1].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(derivative1.Amount.ToDec())
+
+	suite.StoredEarnIndexesEqual(derivative0.Denom, types.RewardIndexes{
+		{
+			CollateralType: "earn",
+			RewardFactor:   d("7.22"),
+		},
+		{
+			CollateralType: "ukava",
+			RewardFactor:   d("3.64").Add(stakingRewardIndexes0),
+		},
+	})
+	suite.StoredEarnIndexesEqual(derivative1.Denom, types.RewardIndexes{
+		{
+			CollateralType: "earn",
+			RewardFactor:   d("7.22"),
+		},
+		{
+			CollateralType: "ukava",
+			RewardFactor:   d("3.64").Add(stakingRewardIndexes1),
+		},
+	})
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) TestStateUpdatedWhenBlockTimeHasIncreased_partialDeposit() {
+	suite.AddIncentiveEarnMultiRewardPeriod(
+		types.NewMultiRewardPeriod(
+			true,
+			"bkava",         // reward period is set for "bkava" to apply to all vaults
+			time.Unix(0, 0), // ensure the test is within start and end times
+			distantFuture,
+			cs(c("earn", 2000), c("ukava", 1000)), // same denoms as in global indexes
+		),
+	)
+
+	// 800000bkava0 minted, 700000 deposited
+	// 200000bkava1 minted, 100000 deposited
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], c("ukava", 800000))
+	suite.NoError(err)
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[1], suite.valAddrs[1], c("ukava", 200000))
+	suite.NoError(err)
+
+	depositAmount0 := c(derivative0.Denom, 700000)
+	depositAmount1 := c(derivative1.Denom, 100000)
+
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[0], depositAmount0, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[1], depositAmount1, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+
+	globalIndexes := types.MultiRewardIndexes{
+		{
+			CollateralType: derivative0.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+		{
+			CollateralType: derivative1.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+	}
+
+	suite.keeper.storeGlobalEarnIndexes(suite.Ctx, globalIndexes)
+
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative0.Denom, suite.Ctx.BlockTime())
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative1.Denom, suite.Ctx.BlockTime())
+
+	val0 := suite.GetAbciValidator(suite.valAddrs[0])
+	val1 := suite.GetAbciValidator(suite.valAddrs[1])
+
+	// Mint tokens, distribute to validators, claim staking rewards
+	// 1 hour later
+	_, resBeginBlock := suite.NextBlockAfterWithReq(
+		1*time.Hour,
+		abci.RequestEndBlock{},
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{
+					{
+						Validator:       val0,
+						SignedLastBlock: true,
+					},
+					{
+						Validator:       val1,
+						SignedLastBlock: true,
+					},
+				},
+			},
+		},
+	)
+
+	validatorRewards, _ := suite.GetBeginBlockClaimedStakingRewards(resBeginBlock)
+
+	suite.Require().Contains(validatorRewards, suite.valAddrs[1].String(), "there should be claim events for validator 0")
+	suite.Require().Contains(validatorRewards, suite.valAddrs[0].String(), "there should be claim events for validator 1")
+
+	// check time and factors
+
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	// Divided by deposit amounts, not bank supply amounts
+	stakingRewardIndexes0 := validatorRewards[suite.valAddrs[0].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(depositAmount0.Amount.ToDec())
+
+	stakingRewardIndexes1 := validatorRewards[suite.valAddrs[1].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(depositAmount1.Amount.ToDec())
+
+	// Slightly increased rewards due to less bkava deposited
+	suite.StoredEarnIndexesEqual(derivative0.Denom, types.RewardIndexes{
+		{
+			CollateralType: "earn",
+			RewardFactor:   d("8.248571428571428571"),
+		},
+		{
+			CollateralType: "ukava",
+			RewardFactor:   d("4.154285714285714285").Add(stakingRewardIndexes0),
+		},
+	})
+
+	suite.StoredEarnIndexesEqual(derivative1.Denom, types.RewardIndexes{
+		{
+			CollateralType: "earn",
+			RewardFactor:   d("14.42"),
+		},
+		{
+			CollateralType: "ukava",
+			RewardFactor:   d("7.24").Add(stakingRewardIndexes1),
+		},
+	})
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) TestStateUnchangedWhenBlockTimeHasNotIncreased() {
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], c("ukava", 1000000))
+	suite.NoError(err)
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[1], suite.valAddrs[1], c("ukava", 1000000))
+	suite.NoError(err)
+
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[0], derivative0, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[1], derivative1, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+
+	previousIndexes := types.MultiRewardIndexes{
+		{
+			CollateralType: derivative0.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+		{
+			CollateralType: derivative1.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+	}
+	suite.keeper.storeGlobalEarnIndexes(suite.Ctx, previousIndexes)
+
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative0.Denom, suite.Ctx.BlockTime())
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative1.Denom, suite.Ctx.BlockTime())
+
+	period := types.NewMultiRewardPeriod(
+		true,
+		"bkava",
+		time.Unix(0, 0), // ensure the test is within start and end times
+		distantFuture,
+		cs(c("earn", 2000), c("ukava", 1000)), // same denoms as in global indexes
+	)
+
+	// Must manually accumulate rewards as BeginBlockers only run when the block time increases
+	// This does not run any x/mint or x/distribution BeginBlockers
+	suite.keeper.AccumulateEarnRewards(suite.Ctx, period)
+
+	// check time and factors
+
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	expected, f := previousIndexes.Get(derivative0.Denom)
+	suite.True(f)
+	suite.StoredEarnIndexesEqual(derivative0.Denom, expected)
+
+	expected, f = previousIndexes.Get(derivative1.Denom)
+	suite.True(f)
+	suite.StoredEarnIndexesEqual(derivative1.Denom, expected)
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) TestNoAccumulationWhenSourceSharesAreZero() {
+	suite.AddIncentiveEarnMultiRewardPeriod(
+		types.NewMultiRewardPeriod(
+			true,
+			"bkava",         // reward period is set for "bkava" to apply to all vaults
+			time.Unix(0, 0), // ensure the test is within start and end times
+			distantFuture,
+			cs(c("earn", 2000), c("ukava", 1000)), // same denoms as in global indexes
+		),
+	)
+
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], c("ukava", 1000000))
+	suite.NoError(err)
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[1], suite.valAddrs[1], c("ukava", 1000000))
+	suite.NoError(err)
+
+	// No earn deposits
+
+	previousIndexes := types.MultiRewardIndexes{
+		{
+			CollateralType: derivative0.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+		{
+			CollateralType: derivative1.Denom,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "earn",
+					RewardFactor:   d("0.02"),
+				},
+				{
+					CollateralType: "ukava",
+					RewardFactor:   d("0.04"),
+				},
+			},
+		},
+	}
+	suite.keeper.storeGlobalEarnIndexes(suite.Ctx, previousIndexes)
+
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative0.Denom, suite.Ctx.BlockTime())
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, derivative1.Denom, suite.Ctx.BlockTime())
+
+	val0 := suite.GetAbciValidator(suite.valAddrs[0])
+	val1 := suite.GetAbciValidator(suite.valAddrs[1])
+
+	// Mint tokens, distribute to validators, claim staking rewards
+	// 1 hour later
+	_, _ = suite.NextBlockAfterWithReq(
+		1*time.Hour,
+		abci.RequestEndBlock{},
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{
+					{
+						Validator:       val0,
+						SignedLastBlock: true,
+					},
+					{
+						Validator:       val1,
+						SignedLastBlock: true,
+					},
+				},
+			},
+		},
+	)
+	// check time and factors
+
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	expected, f := previousIndexes.Get(derivative0.Denom)
+	suite.True(f)
+	suite.StoredEarnIndexesEqual(derivative0.Denom, expected)
+
+	expected, f = previousIndexes.Get(derivative1.Denom)
+	suite.True(f)
+	suite.StoredEarnIndexesEqual(derivative1.Denom, expected)
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) TestStateAddedWhenStateDoesNotExist() {
+	suite.AddIncentiveEarnMultiRewardPeriod(
+		types.NewMultiRewardPeriod(
+			true,
+			"bkava",         // reward period is set for "bkava" to apply to all vaults
+			time.Unix(0, 0), // ensure the test is within start and end times
+			distantFuture,
+			cs(c("earn", 2000), c("ukava", 1000)), // same denoms as in global indexes
+		),
+	)
+
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], c("ukava", 1000000))
+	suite.NoError(err)
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[1], suite.valAddrs[1], c("ukava", 1000000))
+	suite.NoError(err)
+
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[0], derivative0, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[1], derivative1, earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+
+	val0 := suite.GetAbciValidator(suite.valAddrs[0])
+	val1 := suite.GetAbciValidator(suite.valAddrs[1])
+
+	_, resBeginBlock := suite.NextBlockAfterWithReq(
+		1*time.Hour,
+		abci.RequestEndBlock{},
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{
+					{
+						Validator:       val0,
+						SignedLastBlock: true,
+					},
+					{
+						Validator:       val1,
+						SignedLastBlock: true,
+					},
+				},
+			},
+		},
+	)
+
+	// After the second accumulation both current block time and indexes should be stored.
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	validatorRewards0, _ := suite.GetBeginBlockClaimedStakingRewards(resBeginBlock)
+
+	firstStakingRewardIndexes0 := validatorRewards0[suite.valAddrs[0].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(derivative0.Amount.ToDec())
+
+	firstStakingRewardIndexes1 := validatorRewards0[suite.valAddrs[1].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(derivative1.Amount.ToDec())
+
+	// After the first accumulation only the current block time should be stored.
+	// The indexes will be empty as no time has passed since the previous block because it didn't exist.
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	// First accumulation can have staking rewards, but no other rewards
+	suite.StoredEarnIndexesEqual(derivative0.Denom, types.RewardIndexes{
+		{
+			CollateralType: "ukava",
+			RewardFactor:   firstStakingRewardIndexes0,
+		},
+	})
+	suite.StoredEarnIndexesEqual(derivative1.Denom, types.RewardIndexes{
+		{
+			CollateralType: "ukava",
+			RewardFactor:   firstStakingRewardIndexes1,
+		},
+	})
+
+	_, resBeginBlock = suite.NextBlockAfterWithReq(
+		1*time.Hour,
+		abci.RequestEndBlock{},
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{
+					{
+						Validator:       val0,
+						SignedLastBlock: true,
+					},
+					{
+						Validator:       val1,
+						SignedLastBlock: true,
+					},
+				},
+			},
+		},
+	)
+
+	// After the second accumulation both current block time and indexes should be stored.
+	suite.StoredEarnTimeEquals(derivative0.Denom, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(derivative1.Denom, suite.Ctx.BlockTime())
+
+	validatorRewards1, _ := suite.GetBeginBlockClaimedStakingRewards(resBeginBlock)
+
+	secondStakingRewardIndexes0 := validatorRewards1[suite.valAddrs[0].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(derivative0.Amount.ToDec())
+
+	secondStakingRewardIndexes1 := validatorRewards1[suite.valAddrs[1].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(derivative1.Amount.ToDec())
+
+	// Second accumulation has both staking rewards and incentive rewards
+	// ukava incentive rewards: 3600 * 1000 / (2 * 1000000) == 1.8
+	suite.StoredEarnIndexesEqual(derivative0.Denom, types.RewardIndexes{
+		{
+			CollateralType: "ukava",
+			// Incentive rewards + both staking rewards
+			RewardFactor: d("1.8").Add(firstStakingRewardIndexes0).Add(secondStakingRewardIndexes0),
+		},
+		{
+			CollateralType: "earn",
+			RewardFactor:   d("3.6"),
+		},
+	})
+	suite.StoredEarnIndexesEqual(derivative1.Denom, types.RewardIndexes{
+		{
+			CollateralType: "ukava",
+			// Incentive rewards + both staking rewards
+			RewardFactor: d("1.8").Add(firstStakingRewardIndexes1).Add(secondStakingRewardIndexes1),
+		},
+		{
+			CollateralType: "earn",
+			RewardFactor:   d("3.6"),
+		},
+	})
+}
+
+func (suite *AccumulateEarnRewardsIntegrationTests) TestNoPanicWhenStateDoesNotExist() {
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], c("ukava", 1000000))
+	suite.NoError(err)
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[1], suite.valAddrs[1], c("ukava", 1000000))
+	suite.NoError(err)
+
+	period := types.NewMultiRewardPeriod(
+		true,
+		"bkava",
+		time.Unix(0, 0), // ensure the test is within start and end times
+		distantFuture,
+		cs(),
+	)
+
+	// Accumulate with no earn shares and no rewards per second will result in no increment to the indexes.
+	// No increment and no previous indexes stored, results in an updated of nil. Setting this in the state panics.
+	// Check there is no panic.
+	suite.NotPanics(func() {
+		// This does not update any state, as there are no bkava vaults
+		// to iterate over, denoms are unknown
+		suite.keeper.AccumulateEarnRewards(suite.Ctx, period)
+	})
+
+	// Times are not stored for vaults with no state
+	suite.StoredEarnTimeEquals(derivative0.Denom, time.Time{})
+	suite.StoredEarnTimeEquals(derivative1.Denom, time.Time{})
+	suite.StoredEarnIndexesEqual(derivative0.Denom, nil)
+	suite.StoredEarnIndexesEqual(derivative1.Denom, nil)
+}
diff --git a/x/incentive/keeper/rewards_earn_staking_integration_test.go b/x/incentive/keeper/rewards_earn_staking_integration_test.go
new file mode 100644
index 00000000..f909bc42
--- /dev/null
+++ b/x/incentive/keeper/rewards_earn_staking_integration_test.go
@@ -0,0 +1,193 @@
+package keeper_test
+
+import (
+	"testing"
+	"time"
+
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/kava-labs/kava/app"
+	earntypes "github.com/kava-labs/kava/x/earn/types"
+	"github.com/kava-labs/kava/x/incentive/testutil"
+	"github.com/kava-labs/kava/x/incentive/types"
+	"github.com/stretchr/testify/suite"
+	abci "github.com/tendermint/tendermint/abci/types"
+)
+
+type EarnStakingRewardsIntegrationTestSuite struct {
+	testutil.IntegrationTester
+
+	keeper    TestKeeper
+	userAddrs []sdk.AccAddress
+	valAddrs  []sdk.ValAddress
+}
+
+func TestEarnStakingRewardsIntegrationTestSuite(t *testing.T) {
+	suite.Run(t, new(EarnStakingRewardsIntegrationTestSuite))
+}
+
+func (suite *EarnStakingRewardsIntegrationTestSuite) SetupTest() {
+	suite.IntegrationTester.SetupTest()
+
+	suite.keeper = TestKeeper{
+		Keeper: suite.App.GetIncentiveKeeper(),
+	}
+
+	_, addrs := app.GeneratePrivKeyAddressPairs(5)
+	suite.userAddrs = addrs[0:2]
+	suite.valAddrs = []sdk.ValAddress{
+		sdk.ValAddress(addrs[2]),
+		sdk.ValAddress(addrs[3]),
+	}
+
+	// Setup app with test state
+	authBuilder := app.NewAuthBankGenesisBuilder().
+		WithSimpleAccount(addrs[0], cs(c("ukava", 1e12))).
+		WithSimpleAccount(addrs[1], cs(c("ukava", 1e12))).
+		WithSimpleAccount(addrs[2], cs(c("ukava", 1e12))).
+		WithSimpleAccount(addrs[3], cs(c("ukava", 1e12)))
+
+	incentiveBuilder := testutil.NewIncentiveGenesisBuilder().
+		WithGenesisTime(suite.GenesisTime).
+		WithSimpleEarnRewardPeriod("bkava", cs())
+
+	savingsBuilder := testutil.NewSavingsGenesisBuilder().
+		WithSupportedDenoms("bkava")
+
+	earnBuilder := testutil.NewEarnGenesisBuilder().
+		WithAllowedVaults(earntypes.AllowedVault{
+			Denom:             "bkava",
+			Strategies:        earntypes.StrategyTypes{earntypes.STRATEGY_TYPE_SAVINGS},
+			IsPrivateVault:    false,
+			AllowedDepositors: nil,
+		})
+
+	stakingBuilder := testutil.NewStakingGenesisBuilder()
+
+	mintBuilder := testutil.NewMintGenesisBuilder().
+		WithInflationMax(sdk.OneDec()).
+		WithInflationMin(sdk.OneDec()).
+		WithMinter(sdk.OneDec(), sdk.ZeroDec()).
+		WithMintDenom("ukava")
+
+	suite.StartChainWithBuilders(
+		authBuilder,
+		incentiveBuilder,
+		savingsBuilder,
+		earnBuilder,
+		stakingBuilder,
+		mintBuilder,
+	)
+}
+
+func (suite *EarnStakingRewardsIntegrationTestSuite) TestStakingRewardsDistributed() {
+	// derivative 1: 8 total staked, 7 to earn, 1 not in earn
+	// derivative 2: 2 total staked, 1 to earn, 1 not in earn
+	userMintAmount0 := c("ukava", 8e9)
+	userMintAmount1 := c("ukava", 2e9)
+
+	userDepositAmount0 := i(7e9)
+	userDepositAmount1 := i(1e9)
+
+	// Create two validators
+	derivative0, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[0], userMintAmount0)
+	suite.Require().NoError(err)
+
+	derivative1, err := suite.MintLiquidAnyValAddr(suite.userAddrs[0], suite.valAddrs[1], userMintAmount1)
+	suite.Require().NoError(err)
+
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[0], sdk.NewCoin(derivative0.Denom, userDepositAmount0), earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+	err = suite.DeliverEarnMsgDeposit(suite.userAddrs[0], sdk.NewCoin(derivative1.Denom, userDepositAmount1), earntypes.STRATEGY_TYPE_SAVINGS)
+	suite.NoError(err)
+
+	// Get derivative denoms
+	lq := suite.App.GetLiquidKeeper()
+	vaultDenom1 := lq.GetLiquidStakingTokenDenom(suite.valAddrs[0])
+	vaultDenom2 := lq.GetLiquidStakingTokenDenom(suite.valAddrs[1])
+
+	previousAccrualTime := time.Date(1998, 1, 1, 0, 0, 0, 0, time.UTC)
+	suite.Ctx = suite.Ctx.WithBlockTime(previousAccrualTime)
+
+	initialVault1RewardFactor := d("0.04")
+	initialVault2RewardFactor := d("0.04")
+
+	globalIndexes := types.MultiRewardIndexes{
+		{
+			CollateralType: vaultDenom1,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "ukava",
+					RewardFactor:   initialVault1RewardFactor,
+				},
+			},
+		},
+		{
+			CollateralType: vaultDenom2,
+			RewardIndexes: types.RewardIndexes{
+				{
+					CollateralType: "ukava",
+					RewardFactor:   initialVault2RewardFactor,
+				},
+			},
+		},
+	}
+
+	suite.keeper.storeGlobalEarnIndexes(suite.Ctx, globalIndexes)
+
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, vaultDenom1, suite.Ctx.BlockTime())
+	suite.keeper.SetEarnRewardAccrualTime(suite.Ctx, vaultDenom2, suite.Ctx.BlockTime())
+
+	val := suite.GetAbciValidator(suite.valAddrs[0])
+
+	// Mint tokens, distribute to validators, claim staking rewards
+	// 1 hour later
+	_, resBeginBlock := suite.NextBlockAfterWithReq(
+		1*time.Hour,
+		abci.RequestEndBlock{},
+		abci.RequestBeginBlock{
+			LastCommitInfo: abci.LastCommitInfo{
+				Votes: []abci.VoteInfo{{
+					Validator:       val,
+					SignedLastBlock: true,
+				}},
+			},
+		},
+	)
+
+	// check time and factors
+	suite.StoredEarnTimeEquals(vaultDenom1, suite.Ctx.BlockTime())
+	suite.StoredEarnTimeEquals(vaultDenom2, suite.Ctx.BlockTime())
+
+	validatorRewards, _ := suite.GetBeginBlockClaimedStakingRewards(resBeginBlock)
+
+	suite.Require().Contains(validatorRewards, suite.valAddrs[0].String(), "there should be claim events for validator 1")
+	suite.Require().Contains(validatorRewards, suite.valAddrs[1].String(), "there should be claim events for validator 2")
+
+	// Total staking rewards / total source shares (**deposited in earn** not total minted)
+	// types.RewardIndexes.Quo() uses Dec.Quo() which uses bankers rounding.
+	// So we need to use Dec.Quo() to also round vs Dec.QuoInt() which truncates
+	expectedIndexes1 := validatorRewards[suite.valAddrs[0].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(userDepositAmount0.ToDec())
+
+	expectedIndexes2 := validatorRewards[suite.valAddrs[1].String()].
+		AmountOf("ukava").
+		ToDec().
+		Quo(userDepositAmount1.ToDec())
+
+	// Only contains staking rewards
+	suite.StoredEarnIndexesEqual(vaultDenom1, types.RewardIndexes{
+		{
+			CollateralType: "ukava",
+			RewardFactor:   initialVault1RewardFactor.Add(expectedIndexes1),
+		},
+	})
+
+	suite.StoredEarnIndexesEqual(vaultDenom2, types.RewardIndexes{
+		{
+			CollateralType: "ukava",
+			RewardFactor:   initialVault2RewardFactor.Add(expectedIndexes2),
+		},
+	})
+}
diff --git a/x/incentive/keeper/rewards_supply_test.go b/x/incentive/keeper/rewards_supply_test.go
index bc2b9190..b4775f58 100644
--- a/x/incentive/keeper/rewards_supply_test.go
+++ b/x/incentive/keeper/rewards_supply_test.go
@@ -57,8 +57,8 @@ func (suite *SupplyIntegrationTests) TestSingleUserAccumulatesRewardsAfterSyncin
 
 	suite.SetApp()
 
+	suite.WithGenesisTime(suite.genesisTime)
 	suite.StartChain(
-		suite.genesisTime,
 		NewPricefeedGenStateMultiFromTime(suite.App.AppCodec(), suite.genesisTime),
 		NewHardGenStateMulti(suite.genesisTime).BuildMarshalled(suite.App.AppCodec()),
 		authBulder.BuildMarshalled(suite.App.AppCodec()),
diff --git a/x/incentive/keeper/rewards_usdx_test.go b/x/incentive/keeper/rewards_usdx_test.go
index 02f1bb6f..e7561f09 100644
--- a/x/incentive/keeper/rewards_usdx_test.go
+++ b/x/incentive/keeper/rewards_usdx_test.go
@@ -63,8 +63,8 @@ func (suite *USDXIntegrationTests) TestSingleUserAccumulatesRewardsAfterSyncing(
 		WithSimpleUSDXRewardPeriod("bnb-a", c(types.USDXMintingRewardDenom, 1e6))
 
 	suite.SetApp()
+	suite.WithGenesisTime(suite.genesisTime)
 	suite.StartChain(
-		suite.genesisTime,
 		NewPricefeedGenStateMultiFromTime(suite.App.AppCodec(), suite.genesisTime),
 		NewCDPGenStateMulti(suite.App.AppCodec()),
 		authBulder.BuildMarshalled(suite.App.AppCodec()),
@@ -121,8 +121,8 @@ func (suite *USDXIntegrationTests) TestSingleUserAccumulatesRewardsWithoutSyncin
 		WithSimpleUSDXRewardPeriod(collateralType, c(types.USDXMintingRewardDenom, 1e6))
 
 	suite.SetApp()
+	suite.WithGenesisTime(suite.genesisTime)
 	suite.StartChain(
-		suite.genesisTime,
 		authBuilder.BuildMarshalled(suite.App.AppCodec()),
 		NewPricefeedGenStateMultiFromTime(suite.App.AppCodec(), suite.genesisTime),
 		NewCDPGenStateMulti(suite.App.AppCodec()),
@@ -167,8 +167,8 @@ func (suite *USDXIntegrationTests) TestReinstatingRewardParamsDoesNotTriggerOver
 		WithSimpleUSDXRewardPeriod("bnb-a", c(types.USDXMintingRewardDenom, 1e6))
 
 	suite.SetApp()
+	suite.WithGenesisTime(suite.genesisTime)
 	suite.StartChain(
-		suite.genesisTime,
 		authBuilder.BuildMarshalled(suite.App.AppCodec()),
 		NewPricefeedGenStateMultiFromTime(suite.App.AppCodec(), suite.genesisTime),
 		NewCDPGenStateMulti(suite.App.AppCodec()),
diff --git a/x/incentive/testutil/builder.go b/x/incentive/testutil/builder.go
index 4b72f3b2..3190bedd 100644
--- a/x/incentive/testutil/builder.go
+++ b/x/incentive/testutil/builder.go
@@ -7,7 +7,6 @@ import (
 	sdk "github.com/cosmos/cosmos-sdk/types"
 
 	"github.com/kava-labs/kava/app"
-	earntypes "github.com/kava-labs/kava/x/earn/types"
 	hardtypes "github.com/kava-labs/kava/x/hard/types"
 	"github.com/kava-labs/kava/x/incentive/types"
 	savingstypes "github.com/kava-labs/kava/x/savings/types"
@@ -17,6 +16,10 @@ const (
 	oneYear time.Duration = time.Hour * 24 * 365
 )
 
+type GenesisBuilder interface {
+	BuildMarshalled(cdc codec.JSONCodec) app.GenesisState
+}
+
 // IncentiveGenesisBuilder is a tool for creating an incentive genesis state.
 // Helper methods add values onto a default genesis state.
 // All methods are immutable and return updated copies of the builder.
@@ -302,42 +305,6 @@ func (builder IncentiveGenesisBuilder) WithSimpleSavingsRewardPeriod(ctype strin
 	return builder.WithInitializedSavingsRewardPeriod(builder.simpleRewardPeriod(ctype, rewardsPerSecond))
 }
 
-// EarnGenesisBuilder is a tool for creating a earn genesis state.
-// Helper methods add values onto a default genesis state.
-// All methods are immutable and return updated copies of the builder.
-type EarnGenesisBuilder struct {
-	earntypes.GenesisState
-	genesisTime time.Time
-}
-
-func NewEarnGenesisBuilder() EarnGenesisBuilder {
-	return EarnGenesisBuilder{
-		GenesisState: earntypes.DefaultGenesisState(),
-	}
-}
-
-func (builder EarnGenesisBuilder) Build() earntypes.GenesisState {
-	return builder.GenesisState
-}
-
-func (builder EarnGenesisBuilder) BuildMarshalled(cdc codec.JSONCodec) app.GenesisState {
-	built := builder.Build()
-
-	return app.GenesisState{
-		earntypes.ModuleName: cdc.MustMarshalJSON(&built),
-	}
-}
-
-func (builder EarnGenesisBuilder) WithGenesisTime(genTime time.Time) EarnGenesisBuilder {
-	builder.genesisTime = genTime
-	return builder
-}
-
-func (builder EarnGenesisBuilder) WithVault(vault earntypes.AllowedVault) EarnGenesisBuilder {
-	builder.Params.AllowedVaults = append(builder.Params.AllowedVaults, vault)
-	return builder
-}
-
 // SavingsGenesisBuilder is a tool for creating a savings genesis state.
 // Helper methods add values onto a default genesis state.
 // All methods are immutable and return updated copies of the builder.
diff --git a/x/incentive/testutil/earn_builder.go b/x/incentive/testutil/earn_builder.go
new file mode 100644
index 00000000..010ab057
--- /dev/null
+++ b/x/incentive/testutil/earn_builder.go
@@ -0,0 +1,40 @@
+package testutil
+
+import (
+	"github.com/cosmos/cosmos-sdk/codec"
+	"github.com/kava-labs/kava/app"
+
+	earntypes "github.com/kava-labs/kava/x/earn/types"
+)
+
+// EarnGenesisBuilder is a tool for creating a earn genesis state.
+// Helper methods add values onto a default genesis state.
+// All methods are immutable and return updated copies of the builder.
+type EarnGenesisBuilder struct {
+	earntypes.GenesisState
+}
+
+var _ GenesisBuilder = (*EarnGenesisBuilder)(nil)
+
+func NewEarnGenesisBuilder() EarnGenesisBuilder {
+	return EarnGenesisBuilder{
+		GenesisState: earntypes.DefaultGenesisState(),
+	}
+}
+
+func (builder EarnGenesisBuilder) Build() earntypes.GenesisState {
+	return builder.GenesisState
+}
+
+func (builder EarnGenesisBuilder) BuildMarshalled(cdc codec.JSONCodec) app.GenesisState {
+	built := builder.Build()
+
+	return app.GenesisState{
+		earntypes.ModuleName: cdc.MustMarshalJSON(&built),
+	}
+}
+
+func (builder EarnGenesisBuilder) WithAllowedVaults(vault ...earntypes.AllowedVault) EarnGenesisBuilder {
+	builder.Params.AllowedVaults = append(builder.Params.AllowedVaults, vault...)
+	return builder
+}
diff --git a/x/incentive/testutil/integration.go b/x/incentive/testutil/integration.go
index dc01d9c9..0bf1054d 100644
--- a/x/incentive/testutil/integration.go
+++ b/x/incentive/testutil/integration.go
@@ -10,6 +10,7 @@ import (
 	sdk "github.com/cosmos/cosmos-sdk/types"
 	authtypes "github.com/cosmos/cosmos-sdk/x/auth/types"
 	vestingtypes "github.com/cosmos/cosmos-sdk/x/auth/vesting/types"
+	distributiontypes "github.com/cosmos/cosmos-sdk/x/distribution/types"
 	proposaltypes "github.com/cosmos/cosmos-sdk/x/params/types/proposal"
 	stakingkeeper "github.com/cosmos/cosmos-sdk/x/staking/keeper"
 	stakingtypes "github.com/cosmos/cosmos-sdk/x/staking/types"
@@ -30,6 +31,8 @@ import (
 	"github.com/kava-labs/kava/x/incentive/types"
 	liquidkeeper "github.com/kava-labs/kava/x/liquid/keeper"
 	liquidtypes "github.com/kava-labs/kava/x/liquid/types"
+	routerkeeper "github.com/kava-labs/kava/x/router/keeper"
+	routertypes "github.com/kava-labs/kava/x/router/types"
 	swapkeeper "github.com/kava-labs/kava/x/swap/keeper"
 	swaptypes "github.com/kava-labs/kava/x/swap/types"
 )
@@ -40,42 +43,98 @@ type IntegrationTester struct {
 	suite.Suite
 	App app.TestApp
 	Ctx sdk.Context
+
+	GenesisTime time.Time
 }
 
 func (suite *IntegrationTester) SetupSuite() {
 	config := sdk.GetConfig()
 	app.SetBech32AddressPrefixes(config)
+
+	// Default genesis time, can be overridden with WithGenesisTime
+	suite.GenesisTime = time.Date(2020, 12, 15, 14, 0, 0, 0, time.UTC)
 }
 
 func (suite *IntegrationTester) SetApp() {
 	suite.App = app.NewTestApp()
 }
 
-func (suite *IntegrationTester) StartChain(genesisTime time.Time, genesisStates ...app.GenesisState) {
+func (suite *IntegrationTester) SetupTest() {
+	suite.SetApp()
+}
+
+func (suite *IntegrationTester) WithGenesisTime(genesisTime time.Time) {
+	suite.GenesisTime = genesisTime
+}
+
+func (suite *IntegrationTester) StartChainWithBuilders(builders ...GenesisBuilder) {
+	var builtGenStates []app.GenesisState
+	for _, builder := range builders {
+		builtGenStates = append(builtGenStates, builder.BuildMarshalled(suite.App.AppCodec()))
+	}
+
+	suite.StartChain(builtGenStates...)
+}
+
+func (suite *IntegrationTester) StartChain(genesisStates ...app.GenesisState) {
 	suite.App.InitializeFromGenesisStatesWithTimeAndChainID(
-		genesisTime,
+		suite.GenesisTime,
 		testChainID,
 		genesisStates...,
 	)
 
-	suite.Ctx = suite.App.NewContext(false, tmproto.Header{Height: 1, Time: genesisTime, ChainID: testChainID})
+	suite.Ctx = suite.App.NewContext(false, tmproto.Header{
+		Height:  1,
+		Time:    suite.GenesisTime,
+		ChainID: testChainID,
+	})
 }
 
-func (suite *IntegrationTester) NextBlockAt(blockTime time.Time) {
+func (suite *IntegrationTester) NextBlockAfter(blockDuration time.Duration) {
+	suite.NextBlockAfterWithReq(
+		blockDuration,
+		abcitypes.RequestEndBlock{},
+		abcitypes.RequestBeginBlock{},
+	)
+}
+
+func (suite *IntegrationTester) NextBlockAfterWithReq(
+	blockDuration time.Duration,
+	reqEnd abcitypes.RequestEndBlock,
+	reqBegin abcitypes.RequestBeginBlock,
+) (abcitypes.ResponseEndBlock, abcitypes.ResponseBeginBlock) {
+	return suite.NextBlockAtWithRequest(
+		suite.Ctx.BlockTime().Add(blockDuration),
+		reqEnd,
+		reqBegin,
+	)
+}
+
+func (suite *IntegrationTester) NextBlockAt(
+	blockTime time.Time,
+) (abcitypes.ResponseEndBlock, abcitypes.ResponseBeginBlock) {
+	return suite.NextBlockAtWithRequest(
+		blockTime,
+		abcitypes.RequestEndBlock{},
+		abcitypes.RequestBeginBlock{},
+	)
+}
+
+func (suite *IntegrationTester) NextBlockAtWithRequest(
+	blockTime time.Time,
+	reqEnd abcitypes.RequestEndBlock,
+	reqBegin abcitypes.RequestBeginBlock,
+) (abcitypes.ResponseEndBlock, abcitypes.ResponseBeginBlock) {
 	if !suite.Ctx.BlockTime().Before(blockTime) {
 		panic(fmt.Sprintf("new block time %s must be after current %s", blockTime, suite.Ctx.BlockTime()))
 	}
 	blockHeight := suite.Ctx.BlockHeight() + 1
 
-	_ = suite.App.EndBlocker(suite.Ctx, abcitypes.RequestEndBlock{})
-
+	responseEndBlock := suite.App.EndBlocker(suite.Ctx, reqEnd)
 	suite.Ctx = suite.Ctx.WithBlockTime(blockTime).WithBlockHeight(blockHeight).WithChainID(testChainID)
+	responseBeginBlock := suite.App.BeginBlocker(suite.Ctx, reqBegin) // height and time in RequestBeginBlock are ignored by module begin blockers
 
-	_ = suite.App.BeginBlocker(suite.Ctx, abcitypes.RequestBeginBlock{}) // height and time in RequestBeginBlock are ignored by module begin blockers
-}
-
-func (suite *IntegrationTester) NextBlockAfter(blockDuration time.Duration) {
-	suite.NextBlockAt(suite.Ctx.BlockTime().Add(blockDuration))
+	return responseEndBlock, responseBeginBlock
 }
 
 func (suite *IntegrationTester) DeliverIncentiveMsg(msg sdk.Msg) error {
@@ -101,6 +160,46 @@ func (suite *IntegrationTester) DeliverIncentiveMsg(msg sdk.Msg) error {
 	return err
 }
 
+// MintLiquidAnyValAddr mints liquid tokens with the given validator address,
+// creating the validator if it does not already exist.
+// **Note:** This will increment the block height/time and run the End and Begin
+// blockers!
+func (suite *IntegrationTester) MintLiquidAnyValAddr(
+	owner sdk.AccAddress,
+	validator sdk.ValAddress,
+	amount sdk.Coin,
+) (sdk.Coin, error) {
+	// Check if validator already created
+	_, found := suite.App.GetStakingKeeper().GetValidator(suite.Ctx, validator)
+	if !found {
+		// Create validator
+		if err := suite.DeliverMsgCreateValidator(validator, sdk.NewCoin("ukava", sdk.NewInt(1e9))); err != nil {
+			return sdk.Coin{}, err
+		}
+
+		// new block required to bond validator
+		suite.NextBlockAfter(7 * time.Second)
+	}
+
+	// Delegate and mint liquid tokens
+	return suite.DeliverMsgDelegateMint(owner, validator, amount)
+}
+
+func (suite *IntegrationTester) GetAbciValidator(valAddr sdk.ValAddress) abcitypes.Validator {
+	sk := suite.App.GetStakingKeeper()
+
+	val, found := sk.GetValidator(suite.Ctx, valAddr)
+	suite.Require().True(found)
+
+	pk, err := val.ConsPubKey()
+	suite.Require().NoError(err)
+
+	return abcitypes.Validator{
+		Address: pk.Address(),
+		Power:   val.GetConsensusPower(sk.PowerReduction(suite.Ctx)),
+	}
+}
+
 func (suite *IntegrationTester) DeliverMsgCreateValidator(address sdk.ValAddress, selfDelegation sdk.Coin) error {
 	msg, err := stakingtypes.NewMsgCreateValidator(
 		address,
@@ -205,12 +304,17 @@ func (suite *IntegrationTester) DeliverMsgMintDerivative(
 	sender sdk.AccAddress,
 	validator sdk.ValAddress,
 	amount sdk.Coin,
-) error {
+) (sdk.Coin, error) {
 	msg := liquidtypes.NewMsgMintDerivative(sender, validator, amount)
 	msgServer := liquidkeeper.NewMsgServerImpl(suite.App.GetLiquidKeeper())
 
-	_, err := msgServer.MintDerivative(sdk.WrapSDKContext(suite.Ctx), &msg)
-	return err
+	res, err := msgServer.MintDerivative(sdk.WrapSDKContext(suite.Ctx), &msg)
+	if err != nil {
+		// Instead of returning res.Received, as res will be nil if there is an error
+		return sdk.Coin{}, err
+	}
+
+	return res.Received, err
 }
 
 func (suite *IntegrationTester) DeliverEarnMsgDeposit(
@@ -300,6 +404,9 @@ func (suite *IntegrationTester) VestingPeriodsEqual(address sdk.AccAddress, expe
 	suite.Equal(expectedPeriods, vacc.VestingPeriods)
 }
 
+// -----------------------------------------------------------------------------
+// x/incentive
+
 func (suite *IntegrationTester) SwapRewardEquals(owner sdk.AccAddress, expected sdk.Coins) {
 	claim, found := suite.App.GetIncentiveKeeper().GetSwapClaim(suite.Ctx, owner)
 	suite.Require().Truef(found, "expected swap claim to be found for %s", owner)
@@ -338,3 +445,159 @@ func (suite *IntegrationTester) AddTestAddrsFromPubKeys(ctx sdk.Context, pubKeys
 		suite.App.FundAccount(ctx, sdk.AccAddress(pk.Address()), initCoins)
 	}
 }
+
+func (suite *IntegrationTester) StoredEarnTimeEquals(denom string, expected time.Time) {
+	storedTime, found := suite.App.GetIncentiveKeeper().GetEarnRewardAccrualTime(suite.Ctx, denom)
+	suite.Equal(found, expected != time.Time{}, "expected time is %v but time found = %v", expected, found)
+	if found {
+		suite.Equal(expected, storedTime)
+	} else {
+		suite.Empty(storedTime)
+	}
+}
+
+func (suite *IntegrationTester) StoredEarnIndexesEqual(denom string, expected types.RewardIndexes) {
+	storedIndexes, found := suite.App.GetIncentiveKeeper().GetEarnRewardIndexes(suite.Ctx, denom)
+	suite.Equal(found, expected != nil)
+
+	if found {
+		suite.Equal(expected, storedIndexes)
+	} else {
+		// Can't compare Equal for types.RewardIndexes(nil) vs types.RewardIndexes{}
+		suite.Empty(storedIndexes)
+	}
+}
+
+func (suite *IntegrationTester) AddIncentiveEarnMultiRewardPeriod(period types.MultiRewardPeriod) {
+	ik := suite.App.GetIncentiveKeeper()
+	params := ik.GetParams(suite.Ctx)
+
+	for i, reward := range params.EarnRewardPeriods {
+		if reward.CollateralType == period.CollateralType {
+			// Replace existing reward period if the collateralType exists.
+			// Params are invalid if there are multiple reward periods for the
+			// same collateral type.
+			params.EarnRewardPeriods[i] = period
+			ik.SetParams(suite.Ctx, params)
+			return
+		}
+	}
+
+	params.EarnRewardPeriods = append(params.EarnRewardPeriods, period)
+
+	suite.NoError(params.Validate())
+	ik.SetParams(suite.Ctx, params)
+}
+
+// -----------------------------------------------------------------------------
+// x/router
+
+func (suite *IntegrationTester) DeliverRouterMsgDelegateMintDeposit(
+	depositor sdk.AccAddress,
+	validator sdk.ValAddress,
+	amount sdk.Coin,
+) error {
+	msg := routertypes.MsgDelegateMintDeposit{
+		Depositor: depositor.String(),
+		Validator: validator.String(),
+		Amount:    amount,
+	}
+	msgServer := routerkeeper.NewMsgServerImpl(suite.App.GetRouterKeeper())
+
+	_, err := msgServer.DelegateMintDeposit(sdk.WrapSDKContext(suite.Ctx), &msg)
+	return err
+}
+
+func (suite *IntegrationTester) DeliverRouterMsgMintDeposit(
+	depositor sdk.AccAddress,
+	validator sdk.ValAddress,
+	amount sdk.Coin,
+) error {
+	msg := routertypes.MsgMintDeposit{
+		Depositor: depositor.String(),
+		Validator: validator.String(),
+		Amount:    amount,
+	}
+	msgServer := routerkeeper.NewMsgServerImpl(suite.App.GetRouterKeeper())
+
+	_, err := msgServer.MintDeposit(sdk.WrapSDKContext(suite.Ctx), &msg)
+	return err
+}
+
+func (suite *IntegrationTester) DeliverMsgDelegateMint(
+	delegator sdk.AccAddress,
+	validator sdk.ValAddress,
+	amount sdk.Coin,
+) (sdk.Coin, error) {
+	if err := suite.DeliverMsgDelegate(delegator, validator, amount); err != nil {
+		return sdk.Coin{}, err
+	}
+
+	return suite.DeliverMsgMintDerivative(delegator, validator, amount)
+}
+
+// -----------------------------------------------------------------------------
+// x/distribution
+
+func (suite *IntegrationTester) GetBeginBlockClaimedStakingRewards(
+	resBeginBlock abcitypes.ResponseBeginBlock,
+) (validatorRewards map[string]sdk.Coins, totalRewards sdk.Coins) {
+	// Events emitted in BeginBlocker are in the ResponseBeginBlock, not in
+	// ctx.EventManager().Events() as BeginBlock is called with a NewEventManager()
+	// cosmos-sdk/types/module/module.go: func(m *Manager) BeginBlock(...)
+
+	// We also need to parse the events to get the rewards as querying state will
+	// always contain 0 rewards -- rewards are always claimed right after
+	// mint+distribution in BeginBlocker which resets distribution state back to
+	// 0 for reward amounts
+	blockRewardsClaimed := make(map[string]sdk.Coins)
+	for _, event := range resBeginBlock.Events {
+		if event.Type != distributiontypes.EventTypeWithdrawRewards {
+			continue
+		}
+
+		// Example event attributes, amount can be empty for no rewards
+		//
+		// Event: withdraw_rewards
+		// - amount:
+		// - validator: kavavaloper1em2mlkrkx0qsa6327tgvl3g0fh8a95hjnqvrwh
+		// Event: withdraw_rewards
+		// - amount: 523909ukava
+		// - validator: kavavaloper1nmgpgr8l4t8pw9zqx9cltuymvz85wmw9sy8kjy
+		attrsMap := attrsToMap(event.Attributes)
+
+		validator, found := attrsMap[distributiontypes.AttributeKeyValidator]
+		suite.Require().Truef(found, "expected validator attribute to be found in event %s", event)
+
+		amountStr, found := attrsMap[sdk.AttributeKeyAmount]
+		suite.Require().Truef(found, "expected amount attribute to be found in event %s", event)
+
+		amount := sdk.NewCoins()
+
+		// Only parse amount if it is not empty
+		if len(amountStr) > 0 {
+			parsedAmt, err := sdk.ParseCoinNormalized(amountStr)
+			suite.Require().NoError(err)
+			amount = amount.Add(parsedAmt)
+		}
+
+		blockRewardsClaimed[validator] = amount
+	}
+
+	totalClaimedRewards := sdk.NewCoins()
+	for _, amount := range blockRewardsClaimed {
+		totalClaimedRewards = totalClaimedRewards.Add(amount...)
+	}
+
+	return blockRewardsClaimed, totalClaimedRewards
+}
+
+func attrsToMap(attrs []abcitypes.EventAttribute) map[string]string {
+	out := make(map[string]string)
+
+	for _, attr := range attrs {
+		out[string(attr.Key)] = string(attr.Value)
+	}
+
+	return out
+}
diff --git a/x/incentive/testutil/mint_builder.go b/x/incentive/testutil/mint_builder.go
new file mode 100644
index 00000000..9c7bde74
--- /dev/null
+++ b/x/incentive/testutil/mint_builder.go
@@ -0,0 +1,68 @@
+package testutil
+
+import (
+	"github.com/cosmos/cosmos-sdk/codec"
+	sdk "github.com/cosmos/cosmos-sdk/types"
+	"github.com/kava-labs/kava/app"
+
+	minttypes "github.com/cosmos/cosmos-sdk/x/mint/types"
+)
+
+// MintGenesisBuilder is a tool for creating a mint genesis state.
+// Helper methods add values onto a default genesis state.
+// All methods are immutable and return updated copies of the builder.
+type MintGenesisBuilder struct {
+	minttypes.GenesisState
+}
+
+var _ GenesisBuilder = (*MintGenesisBuilder)(nil)
+
+func NewMintGenesisBuilder() MintGenesisBuilder {
+	gen := minttypes.DefaultGenesisState()
+	gen.Params.MintDenom = "ukava"
+
+	return MintGenesisBuilder{
+		GenesisState: *gen,
+	}
+}
+
+func (builder MintGenesisBuilder) Build() minttypes.GenesisState {
+	return builder.GenesisState
+}
+
+func (builder MintGenesisBuilder) BuildMarshalled(cdc codec.JSONCodec) app.GenesisState {
+	built := builder.Build()
+
+	return app.GenesisState{
+		minttypes.ModuleName: cdc.MustMarshalJSON(&built),
+	}
+}
+
+func (builder MintGenesisBuilder) WithMinter(
+	inflation sdk.Dec,
+	annualProvisions sdk.Dec,
+) MintGenesisBuilder {
+	builder.Minter = minttypes.NewMinter(inflation, annualProvisions)
+	return builder
+}
+
+func (builder MintGenesisBuilder) WithInflationMax(
+	inflationMax sdk.Dec,
+) MintGenesisBuilder {
+	builder.Params.InflationMax = inflationMax
+	return builder
+}
+
+func (builder MintGenesisBuilder) WithInflationMin(
+	inflationMin sdk.Dec,
+) MintGenesisBuilder {
+	builder.Params.InflationMin = inflationMin
+	return builder
+}
+
+func (builder MintGenesisBuilder) WithMintDenom(
+	mintDenom string,
+) MintGenesisBuilder {
+	builder.Params.MintDenom = mintDenom
+	return builder
+}
diff --git a/x/incentive/testutil/staking_builder.go b/x/incentive/testutil/staking_builder.go
new file mode 100644
index 00000000..7282fff6
--- /dev/null
+++ b/x/incentive/testutil/staking_builder.go
@@ -0,0 +1,38 @@
+package testutil
+
+import (
+	"github.com/cosmos/cosmos-sdk/codec"
+	"github.com/kava-labs/kava/app"
+
+	stakingtypes "github.com/cosmos/cosmos-sdk/x/staking/types"
+)
+
+// StakingGenesisBuilder is a tool for creating a staking genesis state.
+// Helper methods add values onto a default genesis state.
+// All methods are immutable and return updated copies of the builder.
+type StakingGenesisBuilder struct {
+	stakingtypes.GenesisState
+}
+
+var _ GenesisBuilder = (*StakingGenesisBuilder)(nil)
+
+func NewStakingGenesisBuilder() StakingGenesisBuilder {
+	gen := stakingtypes.DefaultGenesisState()
+	gen.Params.BondDenom = "ukava"
+
+	return StakingGenesisBuilder{
+		GenesisState: *gen,
+	}
+}
+
+func (builder StakingGenesisBuilder) Build() stakingtypes.GenesisState {
+	return builder.GenesisState
+}
+
+func (builder StakingGenesisBuilder) BuildMarshalled(cdc codec.JSONCodec) app.GenesisState {
+	built := builder.Build()
+
+	return app.GenesisState{
+		stakingtypes.ModuleName: cdc.MustMarshalJSON(&built),
+	}
+}
diff --git a/x/liquid/keeper/claim.go b/x/liquid/keeper/claim.go
index 7c115da9..89b8827e 100644
--- a/x/liquid/keeper/claim.go
+++ b/x/liquid/keeper/claim.go
@@ -29,6 +29,10 @@ func (k Keeper) CollectStakingRewards(
 		return nil, err
 	}
 
+	if rewards.IsZero() {
+		return rewards, nil
+	}
+
 	err = k.bankKeeper.SendCoinsFromModuleToModule(ctx, types.ModuleAccountName, destinationModAccount, rewards)
 	if err != nil {
 		return nil, err