diff --git a/docker-compose.yaml b/docker-compose.yaml
index bd1da3c5..27be11c9 100644
--- a/docker-compose.yaml
+++ b/docker-compose.yaml
@@ -1,6 +1,6 @@
 services:
   node:
-    image: archwaynetwork/archwayd:v5.0.1
+    image: archwaynetwork/archwayd:v6.0.0
     command: start --x-crisis-skip-assert-invariants
     entrypoint: /docker-entrypoint.sh
     ports:
diff --git a/packages/arch3-core/src/signingarchwayclient.ts b/packages/arch3-core/src/signingarchwayclient.ts
index c9b0dfdc..a0952285 100644
--- a/packages/arch3-core/src/signingarchwayclient.ts
+++ b/packages/arch3-core/src/signingarchwayclient.ts
@@ -258,6 +258,7 @@ export class SigningArchwayClient extends SigningCosmWasmClient implements IArch
         contractAddress: metadata.contractAddress,
         ownerAddress: metadata.ownerAddress ?? '',
         rewardsAddress: metadata.rewardsAddress ?? '',
+        withdrawToWallet: metadata.withdrawToWallet ?? false,
       }
     });
     const response = await this.assertSignAndBroadcast(senderAddress, [message], fee, memo);
@@ -267,6 +268,7 @@ export class SigningArchwayClient extends SigningCosmWasmClient implements IArch
       contract_address: string,
       owner_address?: string,
       rewards_address?: string,
+      withdraw_to_wallet?: boolean,
     };
     /* eslint-enable */
     return {
@@ -275,6 +277,7 @@ export class SigningArchwayClient extends SigningCosmWasmClient implements IArch
         contractAddress: contractMetadata.contract_address,
         ownerAddress: contractMetadata.owner_address,
         rewardsAddress: contractMetadata.rewards_address,
+        withdrawToWallet: contractMetadata.withdraw_to_wallet,
       },
     };
   }
diff --git a/packages/arch3-core/src/types.ts b/packages/arch3-core/src/types.ts
index ae50f1f6..03fe9b54 100644
--- a/packages/arch3-core/src/types.ts
+++ b/packages/arch3-core/src/types.ts
@@ -24,6 +24,11 @@ export interface ContractMetadata {
    * the rewards using the [WASM bindings](https://github.com/archway-network/archway-bindings).
    */
   readonly rewardsAddress?: string;
+  /**
+   * Flag that defines if rewards should be immediately withdrawn to the wallet
+   * instead of creating a rewards record to be lazily withdrawn after.
+   */
+  readonly withdrawToWallet?: boolean;
 }
 
 /**
diff --git a/packages/arch3-proto/generated/archway/rewards/v1/rewards.ts b/packages/arch3-proto/generated/archway/rewards/v1/rewards.ts
index 944f78b1..5679d6cd 100644
--- a/packages/arch3-proto/generated/archway/rewards/v1/rewards.ts
+++ b/packages/arch3-proto/generated/archway/rewards/v1/rewards.ts
@@ -49,6 +49,12 @@ export interface ContractMetadata {
    * If not set (empty), rewards are not distributed for this contract.
    */
   rewardsAddress: string;
+  /**
+   * withdraw_to_wallet is a flag that defines if rewards should be immediately
+   * withdrawn to the wallet instead of creating a rewards record to be lazily
+   * withdrawn after.
+   */
+  withdrawToWallet: boolean;
 }
 /** BlockRewards defines block related rewards distribution data. */
 export interface BlockRewards {
@@ -180,7 +186,8 @@ function createBaseContractMetadata(): ContractMetadata {
   return {
     contractAddress: "",
     ownerAddress: "",
-    rewardsAddress: ""
+    rewardsAddress: "",
+    withdrawToWallet: false
   };
 }
 export const ContractMetadata = {
@@ -194,6 +201,9 @@ export const ContractMetadata = {
     if (message.rewardsAddress !== "") {
       writer.uint32(26).string(message.rewardsAddress);
     }
+    if (message.withdrawToWallet === true) {
+      writer.uint32(32).bool(message.withdrawToWallet);
+    }
     return writer;
   },
   decode(input: _m0.Reader | Uint8Array, length?: number): ContractMetadata {
@@ -212,6 +222,9 @@ export const ContractMetadata = {
         case 3:
           message.rewardsAddress = reader.string();
           break;
+        case 4:
+          message.withdrawToWallet = reader.bool();
+          break;
         default:
           reader.skipType(tag & 7);
           break;
@@ -223,7 +236,8 @@ export const ContractMetadata = {
     return {
       contractAddress: isSet(object.contractAddress) ? String(object.contractAddress) : "",
       ownerAddress: isSet(object.ownerAddress) ? String(object.ownerAddress) : "",
-      rewardsAddress: isSet(object.rewardsAddress) ? String(object.rewardsAddress) : ""
+      rewardsAddress: isSet(object.rewardsAddress) ? String(object.rewardsAddress) : "",
+      withdrawToWallet: isSet(object.withdrawToWallet) ? Boolean(object.withdrawToWallet) : false
     };
   },
   toJSON(message: ContractMetadata): unknown {
@@ -231,6 +245,7 @@ export const ContractMetadata = {
     message.contractAddress !== undefined && (obj.contractAddress = message.contractAddress);
     message.ownerAddress !== undefined && (obj.ownerAddress = message.ownerAddress);
     message.rewardsAddress !== undefined && (obj.rewardsAddress = message.rewardsAddress);
+    message.withdrawToWallet !== undefined && (obj.withdrawToWallet = message.withdrawToWallet);
     return obj;
   },
   fromPartial(object: Partial<ContractMetadata>): ContractMetadata {
@@ -238,6 +253,7 @@ export const ContractMetadata = {
     message.contractAddress = object.contractAddress ?? "";
     message.ownerAddress = object.ownerAddress ?? "";
     message.rewardsAddress = object.rewardsAddress ?? "";
+    message.withdrawToWallet = object.withdrawToWallet ?? false;
     return message;
   }
 };
diff --git a/packages/arch3-proto/generated/archway/rewards/v1/tx.amino.ts b/packages/arch3-proto/generated/archway/rewards/v1/tx.amino.ts
index 2c750e97..7d1551e8 100644
--- a/packages/arch3-proto/generated/archway/rewards/v1/tx.amino.ts
+++ b/packages/arch3-proto/generated/archway/rewards/v1/tx.amino.ts
@@ -10,6 +10,7 @@ export interface MsgSetContractMetadataAminoType extends AminoMsg {
       contract_address: string;
       owner_address: string;
       rewards_address: string;
+      withdraw_to_wallet: boolean;
     };
   };
 }
@@ -63,7 +64,8 @@ export const AminoConverter = {
         metadata: {
           contract_address: metadata.contractAddress,
           owner_address: metadata.ownerAddress,
-          rewards_address: metadata.rewardsAddress
+          rewards_address: metadata.rewardsAddress,
+          withdraw_to_wallet: metadata.withdrawToWallet
         }
       };
     },
@@ -76,7 +78,8 @@ export const AminoConverter = {
         metadata: {
           contractAddress: metadata.contract_address,
           ownerAddress: metadata.owner_address,
-          rewardsAddress: metadata.rewards_address
+          rewardsAddress: metadata.rewards_address,
+          withdrawToWallet: metadata.withdraw_to_wallet
         }
       };
     }
diff --git a/packages/arch3-proto/proto/archway/rewards/v1/rewards.proto b/packages/arch3-proto/proto/archway/rewards/v1/rewards.proto
index 7a54584f..d3699308 100644
--- a/packages/arch3-proto/proto/archway/rewards/v1/rewards.proto
+++ b/packages/arch3-proto/proto/archway/rewards/v1/rewards.proto
@@ -52,6 +52,10 @@ message ContractMetadata {
   // rewards_address is an address to distribute rewards to (bech32 encoded).
   // If not set (empty), rewards are not distributed for this contract.
   string rewards_address = 3;
+  // withdraw_to_wallet is a flag that defines if rewards should be immediately
+  // withdrawn to the wallet instead of creating a rewards record to be lazily
+  // withdrawn after.
+  bool withdraw_to_wallet = 4;
 }
 
 // BlockRewards defines block related rewards distribution data.
diff --git a/yarn.lock b/yarn.lock
index 61527933..caf497f9 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -5796,12 +5796,12 @@ __metadata:
   linkType: hard
 
 "follow-redirects@npm:^1.14.0":
-  version: 1.15.1
-  resolution: "follow-redirects@npm:1.15.1"
+  version: 1.15.5
+  resolution: "follow-redirects@npm:1.15.5"
   peerDependenciesMeta:
     debug:
       optional: true
-  checksum: a57f93ce566d4602fe7b2f6cef8f8d3d053891b3d8f2feae7e97eec18aa0003d23aeec8e857801d93887eee27e1617276a16f6a3d5c9d78e45882346612462d5
+  checksum: d467f13c1c6aa734599b8b369cd7a625b20081af358f6204ff515f6f4116eb440de9c4e0c49f10798eeb0df26c95dd05d5e0d9ddc5786ab1a8a8abefe92929b4
   languageName: node
   linkType: hard
 
@@ -8994,7 +8994,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"protobufjs@npm:^6.8.8, protobufjs@npm:~6.11.2, protobufjs@npm:~6.11.3":
+"protobufjs@npm:^6.8.8":
   version: 6.11.3
   resolution: "protobufjs@npm:6.11.3"
   dependencies:
@@ -9038,6 +9038,30 @@ __metadata:
   languageName: node
   linkType: hard
 
+"protobufjs@npm:~6.11.2, protobufjs@npm:~6.11.3":
+  version: 6.11.4
+  resolution: "protobufjs@npm:6.11.4"
+  dependencies:
+    "@protobufjs/aspromise": "npm:^1.1.2"
+    "@protobufjs/base64": "npm:^1.1.2"
+    "@protobufjs/codegen": "npm:^2.0.4"
+    "@protobufjs/eventemitter": "npm:^1.1.0"
+    "@protobufjs/fetch": "npm:^1.1.0"
+    "@protobufjs/float": "npm:^1.0.2"
+    "@protobufjs/inquire": "npm:^1.1.0"
+    "@protobufjs/path": "npm:^1.1.2"
+    "@protobufjs/pool": "npm:^1.1.0"
+    "@protobufjs/utf8": "npm:^1.1.0"
+    "@types/long": "npm:^4.0.1"
+    "@types/node": "npm:>=13.7.0"
+    long: "npm:^4.0.0"
+  bin:
+    pbjs: bin/pbjs
+    pbts: bin/pbts
+  checksum: 6b7fd7540d74350d65c38f69f398c9995ae019da070e79d9cd464a458c6d19b40b07c9a026be4e10704c824a344b603307745863310c50026ebd661ce4da0663
+  languageName: node
+  linkType: hard
+
 "pump@npm:^3.0.0":
   version: 3.0.0
   resolution: "pump@npm:3.0.0"