diff --git a/networks/devnet/deploy.sh b/networks/devnet/deploy.sh
index cd639a59..84031491 100755
--- a/networks/devnet/deploy.sh
+++ b/networks/devnet/deploy.sh
@@ -7,6 +7,7 @@ function help() {
     echo "  -k    Keyring password to create key (for Linux only)"
     echo "  -n    Network (default: devnet)"
     echo "  -c    Chain ID (default: \"zgtendermint_16600-1\")"
+    echo "  -v    schedule end time (unix epoch) for vesting accounts"
     echo ""
 }
 
@@ -24,6 +25,7 @@ KEYRING_PASSWORD=""
 NETWORK="devnet"
 TAG_OR_BRANCH="testnet/v0.2.x"
 INIT_GENESIS_ENV=""
+VESTING_ACCOUNT_END_TIME=0
 
 while [[ $# -gt 0 ]]; do
     case $1 in
@@ -44,6 +46,10 @@ while [[ $# -gt 0 ]]; do
         INIT_GENESIS_ENV="$INIT_GENESIS_ENV export CHAIN_ID=$2;"
         shift; shift
         ;;
+    -v)
+        export VESTING_ACCOUNT_END_TIME=$2
+        shift; shift
+        ;;        
     *)
         help
         echo "Unknown flag passed: \"$1\""
@@ -52,6 +58,12 @@ while [[ $# -gt 0 ]]; do
     esac
 done
 
+if [[ $VESTING_ACCOUNT_END_TIME -eq 0 ]]; then
+    help
+    echo "schedule end time (unix epoch) for vesting accounts should be set!"
+    exit 1
+fi
+
 IFS=","; declare -a IPS=($IP_LIST); unset IFS
 NUM_NODES=${#IPS[@]}
 
diff --git a/networks/devnet/init-genesis.sh b/networks/devnet/init-genesis.sh
index 2a5ea9b1..91d2eacd 100755
--- a/networks/devnet/init-genesis.sh
+++ b/networks/devnet/init-genesis.sh
@@ -38,6 +38,8 @@ FAUCET_BALANCE=500000000000000ua0gi
 STAKING=5000000000000ua0gi
 VESTING_BALANCE=400000000000000ua0gi
 
+VESTING_ACCOUNT_START_TIME=$(date -u +%s)
+
 # Init configs
 for ((i=0; i<$NUM_NODES; i++)) do
     HOMEDIR="$ROOT_DIR"/node$i
@@ -153,7 +155,7 @@ for ((i=0; i<$NUM_NODES; i++)) do
         fi
     done
     0gchaind add-genesis-account 0g1zyvrkyr8pmczkguxztxpp3qcd0uhkt0tfxjupt $FAUCET_BALANCE --home "$ROOT_DIR/node$i"
-    0gchaind add-genesis-account 0g1jwuhghh6qrln4tthhqrdt3qrmjn9zm05xns46u $VESTING_BALANCE --home "$ROOT_DIR/node$i"
+    0gchaind add-genesis-account 0g1jwuhghh6qrln4tthhqrdt3qrmjn9zm05xns46u $VESTING_BALANCE --vesting-amount $VESTING_BALANCE --vesting-start-time $VESTING_ACCOUNT_START_TIME --vesting-end-time $VESTING_ACCOUNT_END_TIME --home "$ROOT_DIR/node$i"
 done
 
 # Prepare genesis txs