diff --git a/app/app.go b/app/app.go
index 0772f0f59..f3c6b4f7a 100644
--- a/app/app.go
+++ b/app/app.go
@@ -1583,8 +1583,6 @@ func initParamsKeeper(appCodec codec.BinaryCodec, legacyAmino *codec.LegacyAmino
 	paramsKeeper.Subspace(icacontrollertypes.SubModuleName).WithKeyTable(icacontrollertypes.ParamKeyTable())
 	paramsKeeper.Subspace(icahosttypes.SubModuleName).WithKeyTable(icahosttypes.ParamKeyTable())
 
-	paramsKeeper.Subspace(pfmtypes.ModuleName).WithKeyTable(pfmtypes.ParamKeyTable())
-
 	paramsKeeper.Subspace(globalfee.ModuleName).WithKeyTable(globalfeetypes.ParamKeyTable())
 
 	paramsKeeper.Subspace(ccvconsumertypes.ModuleName).WithKeyTable(ccv.ParamKeyTable())
@@ -1676,7 +1674,6 @@ func (app *App) WireICS20PreWasmKeeper(
 		app.keys[pfmtypes.StoreKey],
 		app.TransferKeeper.Keeper, // set later
 		app.IBCKeeper.ChannelKeeper,
-		app.FeeBurnerKeeper,
 		&app.BankKeeper,
 		app.IBCKeeper.ChannelKeeper,
 		authtypes.NewModuleAddress(adminmoduletypes.ModuleName).String(),
@@ -1731,7 +1728,6 @@ func (app *App) WireICS20PreWasmKeeper(
 		app.PFMKeeper,
 		0,
 		pfmkeeper.DefaultForwardTransferPacketTimeoutTimestamp,
-		pfmkeeper.DefaultRefundTransferPacketTimeoutTimestamp,
 	)
 
 	ibcStack = gmpmiddleware.NewIBCMiddleware(ibcStack)
diff --git a/app/proposals_allowlisting.go b/app/proposals_allowlisting.go
index 646f9d890..860c756a1 100644
--- a/app/proposals_allowlisting.go
+++ b/app/proposals_allowlisting.go
@@ -11,7 +11,6 @@ import (
 	govtypes "github.com/cosmos/cosmos-sdk/x/gov/types/v1beta1"
 	minttypes "github.com/cosmos/cosmos-sdk/x/mint/types"
 	"github.com/cosmos/cosmos-sdk/x/params/types/proposal"
-	pfmtypes "github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8/packetforward/types"
 	icahosttypes "github.com/cosmos/ibc-go/v8/modules/apps/27-interchain-accounts/host/types"
 	ibctransfertypes "github.com/cosmos/ibc-go/v8/modules/apps/transfer/types"
 	ibcclienttypes "github.com/cosmos/ibc-go/v8/modules/core/02-client/types" //nolint:staticcheck
@@ -84,7 +83,6 @@ func isSdkMessageWhitelisted(msg sdk.Msg) bool {
 		*banktypes.MsgUpdateParams,
 		*crisistypes.MsgUpdateParams,
 		*minttypes.MsgUpdateParams,
-		*pfmtypes.MsgUpdateParams,
 		*marketmaptypes.MsgCreateMarkets,
 		*marketmaptypes.MsgUpdateMarkets,
 		*marketmaptypes.MsgRemoveMarketAuthorities,
diff --git a/go.mod b/go.mod
index 9bda83be9..a87e17787 100644
--- a/go.mod
+++ b/go.mod
@@ -23,7 +23,7 @@ require (
 	github.com/cosmos/cosmos-proto v1.0.0-beta.5
 	github.com/cosmos/cosmos-sdk v0.50.11
 	github.com/cosmos/gogoproto v1.7.0
-	github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8 v8.0.2
+	github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8 v8.1.0
 	github.com/cosmos/ibc-go/modules/capability v1.0.1
 	github.com/cosmos/ibc-go/v8 v8.5.2
 	github.com/cosmos/ics23/go v0.11.0
diff --git a/go.sum b/go.sum
index 88cb3012c..620f6ddb8 100644
--- a/go.sum
+++ b/go.sum
@@ -367,8 +367,8 @@ github.com/cosmos/gogoproto v1.7.0 h1:79USr0oyXAbxg3rspGh/m4SWNyoz/GLaAh0QlCe2fr
 github.com/cosmos/gogoproto v1.7.0/go.mod h1:yWChEv5IUEYURQasfyBW5ffkMHR/90hiHgbNgrtp4j0=
 github.com/cosmos/iavl v1.2.0 h1:kVxTmjTh4k0Dh1VNL046v6BXqKziqMDzxo93oh3kOfM=
 github.com/cosmos/iavl v1.2.0/go.mod h1:HidWWLVAtODJqFD6Hbne2Y0q3SdxByJepHUOeoH4LiI=
-github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8 v8.0.2 h1:dyLNlDElY6+5zW/BT/dO/3Ad9FpQblfh+9dQpYQodbA=
-github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8 v8.0.2/go.mod h1:82hPO/tRawbuFad2gPwChvpZ0JEIoNi91LwVneAYCeM=
+github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8 v8.1.0 h1:EDUzjx04MXaRPsyhrKm3m/mCdtru/JHsTBnMvMG+1aM=
+github.com/cosmos/ibc-apps/middleware/packet-forward-middleware/v8 v8.1.0/go.mod h1:8sbOclBgOCgBPesufd3ZlLRHvJ3dOeN9+dXhn3KbKOc=
 github.com/cosmos/ibc-go/modules/apps/callbacks v0.2.1-0.20231113120333-342c00b0f8bd h1:Lx+/5dZ/nN6qPXP2Ofog6u1fmlkCFA1ElcOconnofEM=
 github.com/cosmos/ibc-go/modules/apps/callbacks v0.2.1-0.20231113120333-342c00b0f8bd/go.mod h1:JWfpWVKJKiKtd53/KbRoKfxWl8FsT2GPcNezTOk0o5Q=
 github.com/cosmos/ibc-go/modules/capability v1.0.1 h1:ibwhrpJ3SftEEZRxCRkH0fQZ9svjthrX2+oXdZvzgGI=