diff --git a/x/incentive/keeper/keeper.go b/x/incentive/keeper/keeper.go
index cf7705b7..1c97b3c9 100644
--- a/x/incentive/keeper/keeper.go
+++ b/x/incentive/keeper/keeper.go
@@ -90,6 +90,10 @@ func (k Keeper) GetAllRewardPeriods(ctx sdk.Context) types.RewardPeriods {
 func (k Keeper) GetNextClaimPeriodID(ctx sdk.Context, denom string) uint64 {
 	store := prefix.NewStore(ctx.KVStore(k.key), types.NextClaimPeriodIDPrefix)
 	bz := store.Get([]byte(denom))
+	if bz == nil {
+		k.SetNextClaimPeriodID(ctx, denom, 1)
+		return uint64(1)
+	}
 	return types.BytesToUint64(bz)
 }
 
diff --git a/x/incentive/keeper/keeper_test.go b/x/incentive/keeper/keeper_test.go
index 8da12fd6..96438195 100644
--- a/x/incentive/keeper/keeper_test.go
+++ b/x/incentive/keeper/keeper_test.go
@@ -86,14 +86,16 @@ func (suite *KeeperTestSuite) TestGetSetDeleteClaimPeriod() {
 }
 
 func (suite *KeeperTestSuite) TestGetSetClaimPeriodID() {
-	suite.Panics(func() {
-		suite.keeper.GetNextClaimPeriodID(suite.ctx, "bnb")
+	suite.NotPanics(func() {
+		suite.keeper.GetNextClaimPeriodID(suite.ctx, "yolo")
 	})
 	suite.NotPanics(func() {
 		suite.keeper.SetNextClaimPeriodID(suite.ctx, "bnb", 1)
 	})
 	testID := suite.keeper.GetNextClaimPeriodID(suite.ctx, "bnb")
 	suite.Equal(uint64(1), testID)
+	testID = suite.keeper.GetNextClaimPeriodID(suite.ctx, "yolo")
+	suite.Equal(uint64(1), testID)
 }
 
 func (suite *KeeperTestSuite) TestGetSetDeleteClaim() {