diff --git a/simapp/app.go b/simapp/app.go
index 692623fc4b..79cc647586 100644
--- a/simapp/app.go
+++ b/simapp/app.go
@@ -386,6 +386,7 @@ func NewSimApp(
 
 	// NOTE: The genutils module must occur after staking so that pools are
 	// properly initialized with tokens from genesis accounts.
+	// NOTE: The genutils module must also occur after auth so that it can access the params from auth.
 	// NOTE: Capability module must occur first so that it can initialize any capabilities
 	// so that other modules that want to create or claim capabilities afterwards in InitChain
 	// can do so safely.