diff --git a/.changelog/unreleased/bug-fixes/2424-change-shielded-rewards.md b/.changelog/unreleased/bug-fixes/2424-change-shielded-rewards.md
new file mode 100644
index 0000000000..09901ca805
--- /dev/null
+++ b/.changelog/unreleased/bug-fixes/2424-change-shielded-rewards.md
@@ -0,0 +1,2 @@
+- Fix the MASP VP to enable changes to the shielded set max reward rate for a
+  token. ([\#2424](https://github.com/anoma/namada/pull/2424))
\ No newline at end of file