diff --git a/stack-orchestrator/compose/docker-compose-fixturenet-laconicd.yml b/stack-orchestrator/compose/docker-compose-fixturenet-laconicd.yml
index b890e02..2834ca8 100644
--- a/stack-orchestrator/compose/docker-compose-fixturenet-laconicd.yml
+++ b/stack-orchestrator/compose/docker-compose-fixturenet-laconicd.yml
@@ -11,6 +11,7 @@ services:
       AUTHORITY_AUCTION_ENABLED: ${AUTHORITY_AUCTION_ENABLED}
       AUTHORITY_AUCTION_COMMITS_DURATION: ${AUTHORITY_AUCTION_COMMITS_DURATION}
       AUTHORITY_AUCTION_REVEALS_DURATION: ${AUTHORITY_AUCTION_REVEALS_DURATION}
+      AUTHORITY_GRACE_PERIOD: ${AUTHORITY_GRACE_PERIOD}
       GENESIS_FILE: /var/tmp/genesis.json
     volumes:
       - laconicd-data:/root/.laconicd
diff --git a/stack-orchestrator/stacks/fixturenet-laconicd/README.md b/stack-orchestrator/stacks/fixturenet-laconicd/README.md
index d5b75d8..e7007ed 100644
--- a/stack-orchestrator/stacks/fixturenet-laconicd/README.md
+++ b/stack-orchestrator/stacks/fixturenet-laconicd/README.md
@@ -103,13 +103,16 @@ Instructions for running a laconicd fixturenet along with registry CLI and conso
   STAKING_AMOUNT=
 
   # Enable authority auctions (default: false)
-  AUTHORITY_AUCTION_ENABLED=
+  AUTHORITY_AUCTION_ENABLED=true
 
   # Authority auctions commits duration (in secs) (default: 24hrs)
-  AUTHORITY_AUCTION_COMMITS_DURATION=
+  AUTHORITY_AUCTION_COMMITS_DURATION=3600
 
   # Authority auctions reveals duration (in secs) (default: 24hrs)
-  AUTHORITY_AUCTION_REVEALS_DURATION=
+  AUTHORITY_AUCTION_REVEALS_DURATION=3600
+
+  # Authority grace period (set bond to authority within this) (in secs) (default: 2 * 24hrs)
+  AUTHORITY_GRACE_PERIOD=7200
   ```
 
 * Inside the `laconic-console-deployment` deployment directory, open `config.env` file and set following env variables: