diff --git a/go.mod b/go.mod
index 5b27375..dcedd00 100644
--- a/go.mod
+++ b/go.mod
@@ -1,6 +1,8 @@
 module github.com/elys-network/post-upgrade-snapshot-generator
 
-go 1.22.6
+go 1.22.7
+
+toolchain go1.23.1
 
 require (
 	cosmossdk.io/math v1.4.0
@@ -15,7 +17,7 @@ require (
 	github.com/cosmos/cosmos-sdk v0.50.9
 	github.com/cosmos/ibc-go/modules/capability v1.0.1
 	github.com/cosmos/ibc-go/v8 v8.5.1
-	github.com/elys-network/elys v1.4.0
+	github.com/elys-network/elys v1.6.0
 	github.com/spf13/cobra v1.8.1
 	github.com/vbauerster/mpb/v8 v8.8.3
 )
diff --git a/go.sum b/go.sum
index 27ca79b..be465a0 100644
--- a/go.sum
+++ b/go.sum
@@ -1415,8 +1415,8 @@ github.com/elazarl/goproxy v0.0.0-20170405201442-c4fc26588b6e/go.mod h1:/Zj4wYkg
 github.com/elazarl/goproxy v0.0.0-20180725130230-947c36da3153/go.mod h1:/Zj4wYkgs4iZTTu3o/KG3Itv/qCCa8VVMlb3i9OVuzc=
 github.com/elys-network/bandchain-packet v0.0.3-sdk47 h1:W4sP/JOXAoABhsV+ck1NTphLuqpuxGg+uul1nDLbgxk=
 github.com/elys-network/bandchain-packet v0.0.3-sdk47/go.mod h1:/CtU24lu2E4RbPRcZFJfEagwW6TUdFcxv7pX0cYYSgk=
-github.com/elys-network/elys v1.4.0 h1:OS9UroRxjnf9WgpN6yxpOFkfeGPeOUOWjr06X3roXsA=
-github.com/elys-network/elys v1.4.0/go.mod h1:NZ52jlKhFT3/l4C2Y6boQqeUga+npWmlE7opK9BtZVA=
+github.com/elys-network/elys v1.6.0 h1:FzSc5dGivjC9ivLWiyG60QcwMDNA3N3PzG9eJWpxFac=
+github.com/elys-network/elys v1.6.0/go.mod h1:cJQB763o6F8HjQF/zOE5dHRl0kI2aIHwThYaozFVqPc=
 github.com/emicklei/dot v1.6.2 h1:08GN+DD79cy/tzN6uLCT84+2Wk9u+wvqP+Hkx/dIR8A=
 github.com/emicklei/dot v1.6.2/go.mod h1:DeV7GvQtIw4h2u73RKBkkFdvVAz0D9fzeJrgPW6gy/s=
 github.com/emicklei/go-restful v0.0.0-20170410110728-ff4f55a20633/go.mod h1:otzb+WCGbkyDHkqmQmT5YD2WR4BBwUdeQoFo8l/7tVs=