diff --git a/common/cosmwasm-smart-contracts/vesting-contract/src/lib.rs b/common/cosmwasm-smart-contracts/vesting-contract/src/lib.rs
index 20da138074..647352861a 100644
--- a/common/cosmwasm-smart-contracts/vesting-contract/src/lib.rs
+++ b/common/cosmwasm-smart-contracts/vesting-contract/src/lib.rs
@@ -85,7 +85,7 @@ impl FromStr for PledgeCap {
 
 impl Default for PledgeCap {
     fn default() -> Self {
-        PledgeCap::Absolute(Uint128::from(100_000_000_000u128))
+        PledgeCap::Percent(Percent::from_percentage_value(10).expect("This can never fail!"))
     }
 }