diff --git a/README.md b/README.md
index 67e15c881f..820b057dd8 100644
--- a/README.md
+++ b/README.md
@@ -60,6 +60,7 @@ See [Release procedure](CONTRIBUTING.md#release-procedure) for more information
 |    v5.2.x    |    ✓    | v0.46.13+  | v6.2.x |   ---   |  umee/v2.1.6+  |   umee/v4 v1.5.3-umee-10   |  v1.2.4   |
 |    v6.0.x    |    ✓    | v0.46.14+  | v6.2.x |   ---   | umee/v2.1.6-1+ |            ---             |  v1.3.0   |
 |    v6.1.x    |    ✓    | v0.46.15+  | v6.2.x |   ---   |  umee/v2.1.7+  |            ---             |  v1.3.0   |
+|    v6.2.x    |    ✓    |  v0.47.5+  | v7.2.x |   ---   |      TODO      |            ---             |   TODO    |
 
 #### Price Feeder
 
diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index fe874dd0ac..9d3f595d3e 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -6,33 +6,17 @@
 
 Release Procedure is defined in the [CONTRIBUTING](CONTRIBUTING.md#release-procedure) document.
 
-## v6.1.0
+## v6.2.0
 
 Highlights:
 
-- [meToken](https://github.com/umee-network/umee/blob/main/x/metoken/README.md) module: allows to create an index composed of a list of assets and realize operations such as swap and redeem between the assets and the index token.
-- Bump go version to 1.21.
-- Add spot price fields to account summary, and ensure all other fields use leverage logic prices.
-- Fix avg params storage for x/oracle.
-- Emergency Groups are able to do security adjustments in x/metoken.
-- Reduced `consensus.block.max_size` to 4 MB.
-
-[CHANGELOG](CHANGELOG.md)
-
-### meTokens
-
-_meTokens_ is an abbreviation for Multi-Variant Elastic Tokens. We describe them as a general-purpose packaged asset builder. Simply put, they are tools to index multiple assets, which allows holders to build composable indexes that spread the risk associated with each asset bundled in an index.
-
-MeTokens offer a way to build DeFi alternatives to TradFi and Web2 financial products. Think of a better, more liquid version of ETFs or mortgage-backed securities. The scope of buildable products will vary from builder to builder as the protocol allows for the creation of some of the most diverse use cases in the Cosmos Ecosystem.
+- Umee chain upgrades to the latest stable Cosmos SDK v0.47
+- The `gov` module in in Cosmos SDK v0.47 has been updated to support a minimum proposal deposit at submission time. It is determined by a new parameter called `MinInitialDepositRatio`. When multiplied by the existing `MinDeposit` parameter, it produces the necessary proportion of coins needed at the proposal submission time. The motivation for this change is to prevent proposal spamming.
+  We set `MinInitialDepositRatio` to 10%.`
 
 ### Validators
 
-Following recent [asa-2023-002](https://forum.cosmos.network/t/amulet-security-advisory-for-cometbft-asa-2023-002/11604) security advisory we decreased the max block size to 4 MB.
-Based on Notional [analysis](https://github.com/notional-labs/placid#reduce-the-size-of-your-chains-mempool-in-bytes), mempool size should be adjusted as well. We recommend to set it to `15 * 4 MB` (15 x block size):
-
-```toml
-max_txs_bytes = 60000000
-```
+- Upgrade Price Feeder: TODO
 
 ### Upgrade instructions
 
diff --git a/app/upgrades.go b/app/upgrades.go
index 57f657f627..d7ef41643a 100644
--- a/app/upgrades.go
+++ b/app/upgrades.go
@@ -124,7 +124,7 @@ func (app *UmeeApp) registerUpgrade6_2(upgradeInfo upgradetypes.Plan) {
 				return fromVM, err
 			}
 			govParams := app.GovKeeper.GetParams(ctx)
-			govParams.MinInitialDepositRatio = sdk.NewDecWithPrec(1, 2).String()
+			govParams.MinInitialDepositRatio = sdk.NewDecWithPrec(1, 1).String()
 			err = app.GovKeeper.SetParams(ctx, govParams)
 			if err != nil {
 				return fromVM, err