diff --git a/x/asset/module.go b/x/asset/module.go
index 49272e58..46713d81 100644
--- a/x/asset/module.go
+++ b/x/asset/module.go
@@ -160,7 +160,7 @@ func (am AppModule) ExportGenesis(ctx sdk.Context, cdc codec.JSONCodec) json.Raw
 }
 
 // ConsensusVersion implements ConsensusVersion.
-func (AppModule) ConsensusVersion() uint64 { return 2 }
+func (AppModule) ConsensusVersion() uint64 { return 1 }
 
 // BeginBlock executes all ABCI BeginBlock logic respective to the capability module.
 func (am AppModule) BeginBlock(_ sdk.Context, _ abci.RequestBeginBlock) {}