diff --git a/scripts/init.sh b/scripts/init.sh
index efb1b3668..06d7fae8b 100755
--- a/scripts/init.sh
+++ b/scripts/init.sh
@@ -94,6 +94,16 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data" ]; then
   # Set gas limit in genesis
   update_genesis '.consensus["params"]["block"]["max_gas"]="10000000"'
 
+  # Set distribution community tax to 1 for disabling staking rewards
+  update_genesis '.app_state["distribution"]["params"]["community_tax"]="1.000000000000000000"'
+
+  echo "Setting high threshold for accepting governance proposal"
+  update_genesis '.app_state["gov"]["params"]["quorum"]="1.000000000000000000"'
+  # Set expedited threshold to 100%
+  update_genesis '.app_state["gov"]["params"]["expedited_threshold"]="1.000000000000000000"'
+  # Set normal threshold to 99% since it needs to be lesser than expedited threshold
+  update_genesis '.app_state["gov"]["params"]["threshold"]="0.990000000000000000"'
+
   # disable produce empty block
   if [[ "$OSTYPE" == "darwin"* ]]; then
       sed -i '' 's/create_empty_blocks = true/create_empty_blocks = false/g' $HOME/.laconicd/config/config.toml