diff --git a/node/src/command.rs b/node/src/command.rs
index 2f4e3eb58..1370dc2b3 100644
--- a/node/src/command.rs
+++ b/node/src/command.rs
@@ -194,27 +194,6 @@ pub fn run() -> sc_cli::Result<()> {
                 }
             })
         }
-        #[cfg(feature = "try-runtime")]
-        Some(Subcommand::TryRuntime(cmd)) => {
-            use crate::service::ExecutorDispatch;
-            use sc_executor::{sp_wasm_interface::ExtendedHostFunctions, NativeExecutionDispatch};
-            let runner = cli.create_runner(cmd)?;
-            runner.async_run(|config| {
-                // we don't need any of the components of new_partial, just a runtime, or a task
-                // manager to do `async_run`.
-                let registry = config.prometheus_config.as_ref().map(|cfg| &cfg.registry);
-                let task_manager =
-                    sc_service::TaskManager::new(config.tokio_handle.clone(), registry)
-                        .map_err(|e| sc_cli::Error::Service(sc_service::Error::Prometheus(e)))?;
-                Ok((
-                    cmd.run::<Block, ExtendedHostFunctions<
-                        sp_io::SubstrateHostFunctions,
-                        <ExecutorDispatch as NativeExecutionDispatch>::ExtendHostFunctions,
-                    >>(),
-                    task_manager,
-                ))
-            })
-        }
         Some(Subcommand::TryRuntime) => {
             Err("TryRuntime is available through its own CLI now: <https://github.com/paritytech/try-runtime-cli>".into())
         }
diff --git a/pallets/subspace/src/global.rs b/pallets/subspace/src/global.rs
index 79a3b234c..18425a72f 100644
--- a/pallets/subspace/src/global.rs
+++ b/pallets/subspace/src/global.rs
@@ -40,7 +40,10 @@ impl<T: Config> Pallet<T> {
         // check if the name already exists
         ensure!(params.max_name_length > 0, Error::<T>::InvalidMaxNameLength);
 
-        ensure!(params.min_delegation_fee.deconstruct() <= 100, Error::<T>::InvalidMinDelegationFee);
+        ensure!(
+            params.min_delegation_fee.deconstruct() <= 100,
+            Error::<T>::InvalidMinDelegationFee
+        );
 
         ensure!(
             params.max_allowed_subnets > 0,
diff --git a/pallets/subspace/src/lib.rs b/pallets/subspace/src/lib.rs
index 54c93408f..50f5a4dae 100644
--- a/pallets/subspace/src/lib.rs
+++ b/pallets/subspace/src/lib.rs
@@ -5,6 +5,9 @@
 use frame_system::{self as system, ensure_signed};
 pub use pallet::*;
 
+// export the migrations here
+pub mod migrations;
+
 use frame_support::{
     dispatch,
     dispatch::{DispatchInfo, PostDispatchInfo},
@@ -63,8 +66,11 @@ pub mod pallet {
     use sp_arithmetic::per_things::Percent;
     pub use sp_std::{vec, vec::Vec};
 
+    const STORAGE_VERSION: StorageVersion = StorageVersion::new(1);
+
     #[pallet::pallet]
     #[pallet::generate_store(pub(super) trait Store)]
+    #[pallet::storage_version(STORAGE_VERSION)]
     #[pallet::without_storage_info]
     pub struct Pallet<T>(_);
 
@@ -242,8 +248,9 @@ pub mod pallet {
         Percent::from_percent(5u8)
     }
 
-    #[pallet::storage] 
-    pub type MinDelegationFeeGlobal<T> = StorageValue<_, Percent, ValueQuery, DefaultMinDelegationFeeGlobal<T>>;
+    #[pallet::storage]
+    pub type MinDelegationFeeGlobal<T> =
+        StorageValue<_, Percent, ValueQuery, DefaultMinDelegationFeeGlobal<T>>;
 
     #[pallet::type_value]
     pub fn DefaultMinWeightStake<T: Config>() -> u64 {
@@ -282,11 +289,11 @@ pub mod pallet {
         pub max_proposals: u64,               // max number of proposals per block
 
         // mins
-        pub min_burn: u64,         // min burn required
-        pub max_burn: u64,         // max burn allowed
-        pub min_stake: u64,        // min stake required
+        pub min_burn: u64,               // min burn required
+        pub max_burn: u64,               // max burn allowed
+        pub min_stake: u64,              // min stake required
         pub min_delegation_fee: Percent, // min delegation fee
-        pub min_weight_stake: u64, // min weight stake required
+        pub min_weight_stake: u64,       // min weight stake required
 
         // other
         pub target_registrations_per_interval: u16, // desired number of registrations per interval
@@ -1073,6 +1080,10 @@ pub mod pallet {
         // # Args:
         // 	* 'n': (T::BlockNumber):
         // 		- The number of the block we are initializing.
+        // fn on_runtime_upgrade() -> frame_support::weights::Weight {
+        // 	migration::on_runtime_upgrade::<T>()
+        // }
+
         fn on_initialize(_block_number: BlockNumberFor<T>) -> Weight {
             Self::block_step();
 
@@ -1170,7 +1181,8 @@ pub mod pallet {
             params.name = name;
             params.address = address;
             if let Some(delegation_fee) = delegation_fee {
-                ensure!(delegation_fee >= Self::get_min_deleg_fee_global(),
+                ensure!(
+                    delegation_fee >= Self::get_min_deleg_fee_global(),
                     Error::<T>::InvalidMinDelegationFee
                 );
                 params.delegation_fee = delegation_fee;
diff --git a/pallets/subspace/src/migrations.rs b/pallets/subspace/src/migrations.rs
new file mode 100644
index 000000000..beaea4439
--- /dev/null
+++ b/pallets/subspace/src/migrations.rs
@@ -0,0 +1,88 @@
+use super::*;
+
+use frame_support::{
+    codec::{Decode, Encode},
+    pallet_prelude::StorageValue,
+    traits::{Get, OnRuntimeUpgrade, StorageInstance, StorageVersion},
+    weights::Weight,
+};
+use scale_info::TypeInfo;
+
+#[derive(Decode, Encode, TypeInfo, Default)]
+pub struct OldGlobalParams {
+    pub burn_rate: u16,
+    pub max_name_length: u16,
+    pub max_allowed_subnets: u16,
+    pub max_allowed_modules: u16,
+    pub max_registrations_per_block: u16,
+    pub max_allowed_weights: u16,
+    pub max_proposals: u64,
+    pub min_burn: u64,
+    pub min_stake: u64,
+    pub min_weight_stake: u64,
+    pub unit_emission: u64,
+    pub tx_rate_limit: u64,
+    pub vote_threshold: u16,
+    pub vote_mode: Vec<u8>,
+}
+
+impl<T: Config> StorageInstance for Pallet<T> {
+    fn pallet_prefix() -> &'static str {
+        "Subspace"
+    }
+
+    const STORAGE_PREFIX: &'static str = "Subspace";
+}
+
+pub mod v1 {
+    use super::*;
+
+    pub struct MigrateToV1<T>(sp_std::marker::PhantomData<T>);
+
+    impl<T: Config> OnRuntimeUpgrade for MigrateToV1<T> {
+        fn on_runtime_upgrade() -> Weight {
+            let on_chain_version = StorageVersion::get::<Pallet<T>>();
+
+            // Migrate GlobalParams to v1
+            if on_chain_version == 0 {
+                let encoded =
+                    StorageValue::<Pallet<T>, OldGlobalParams>::get().unwrap_or_default().encode();
+                let old_global_params = OldGlobalParams::decode(&mut encoded.as_slice())
+                    .expect("Decoding old global params failed");
+
+                let new_global_params = GlobalParams {
+                    burn_rate: old_global_params.burn_rate,
+                    max_name_length: old_global_params.max_name_length,
+                    max_allowed_subnets: old_global_params.max_allowed_subnets,
+                    max_allowed_modules: old_global_params.max_allowed_modules,
+                    max_registrations_per_block: old_global_params.max_registrations_per_block,
+                    max_allowed_weights: old_global_params.max_allowed_weights,
+                    max_proposals: old_global_params.max_proposals,
+                    min_burn: old_global_params.min_burn,
+                    min_stake: old_global_params.min_stake,
+                    min_weight_stake: old_global_params.min_weight_stake,
+                    unit_emission: old_global_params.unit_emission,
+                    tx_rate_limit: old_global_params.tx_rate_limit,
+                    vote_threshold: old_global_params.vote_threshold,
+                    vote_mode: old_global_params.vote_mode,
+                    max_burn: DefaultMaxBurn::<T>::get(),
+                    min_delegation_fee: DefaultMinDelegationFeeGlobal::<T>::get(),
+                    target_registrations_per_interval:
+                        DefaultTargetRegistrationsPerInterval::<T>::get(),
+                    target_registrations_interval: DefaultTargetRegistrationsInterval::<T>::get(),
+                    adjustment_alpha: DefaultAdjustmentAlpha::<T>::get(),
+                };
+
+                StorageValue::<Pallet<T>, GlobalParams>::put(&new_global_params);
+                StorageVersion::new(1).put::<Pallet<T>>();
+
+                log::info!("Migrated GlobalParams to v1");
+
+                T::DbWeight::get().writes(1)
+            } else {
+                log::info!("GlobalParams already updated");
+                Weight::zero()
+            }
+        }
+    }
+}
diff --git a/pallets/subspace/src/staking.rs b/pallets/subspace/src/staking.rs
index c84870656..f0bac902f 100644
--- a/pallets/subspace/src/staking.rs
+++ b/pallets/subspace/src/staking.rs
@@ -255,7 +255,7 @@ impl<T: Config> Pallet<T> {
     pub fn get_delegation_fee(netuid: u16, module_key: &T::AccountId) -> Percent {
         let min_deleg_fee_global = Self::get_min_deleg_fee_global();
         let delegation_fee = DelegationFee::<T>::get(netuid, module_key);
-    
+
         delegation_fee.max(min_deleg_fee_global)
     }
 
diff --git a/runtime/src/lib.rs b/runtime/src/lib.rs
index 091d20bc3..2daeab32d 100644
--- a/runtime/src/lib.rs
+++ b/runtime/src/lib.rs
@@ -122,6 +122,7 @@ pub mod opaque {
     }
 }
 
+pub type Migrations = (pallet_subspace::migrations::v1::MigrateToV1<Runtime>,);
 // To learn more about runtime versioning, see:
 // https://docs.substrate.io/main-docs/build/upgrade#runtime-versioning
 #[sp_version::runtime_version]
@@ -134,7 +135,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
     //   `spec_version`, and `authoring_version` are the same between Wasm and native.
     // This value is set to 100 to notify Polkadot-JS App (https://polkadot.js.org/apps) to use
     //   the compatible custom types.
-    spec_version: 102,
+    spec_version: 103,
     impl_version: 1,
     apis: RUNTIME_API_VERSIONS,
     transaction_version: 1,
@@ -534,6 +535,7 @@ pub type Executive = frame_executive::Executive<
     frame_system::ChainContext<Runtime>,
     Runtime,
     AllPalletsWithSystem,
+    Migrations,
 >;
 
 impl fp_self_contained::SelfContainedCall for RuntimeCall {