diff --git a/testutil/sims/app_helpers.go b/testutil/sims/app_helpers.go
index e19da3de00e2..ca8ea20b31e1 100644
--- a/testutil/sims/app_helpers.go
+++ b/testutil/sims/app_helpers.go
@@ -273,7 +273,7 @@ func GenesisStateWithValSet(
 	// add bonded amount to bonded pool module account
 	balances = append(balances, banktypes.Balance{
 		Address: authtypes.NewModuleAddress(stakingtypes.BondedPoolName).String(),
-		Coins:   sdk.Coins{sdk.NewCoin(sdk.DefaultBondDenom, bondAmt)},
+		Coins:   sdk.Coins{sdk.NewCoin(sdk.DefaultBondDenom, bondAmt.MulRaw(int64(len(delegations))))},
 	})
 
 	// update total supply