diff --git a/src/main/java/org/qortal/block/Block.java b/src/main/java/org/qortal/block/Block.java
index e1ad84ff..2bd6dda0 100644
--- a/src/main/java/org/qortal/block/Block.java
+++ b/src/main/java/org/qortal/block/Block.java
@@ -10,7 +10,6 @@ import java.math.BigInteger;
 import java.math.RoundingMode;
 import java.nio.charset.StandardCharsets;
 import java.text.DecimalFormat;
-import java.text.MessageFormat;
 import java.text.NumberFormat;
 import java.util.*;
 import java.util.stream.Collectors;
@@ -185,8 +184,11 @@ public class Block {
 			if (accountLevel <= 0)
 				return null; // level 0 isn't included in any share bins
 
+			// Select the correct set of share bins based on block height
 			final BlockChain blockChain = BlockChain.getInstance();
-			final AccountLevelShareBin[] shareBinsByLevel = blockChain.getShareBinsByAccountLevel();
+			final AccountLevelShareBin[] shareBinsByLevel = (blockHeight >= blockChain.getSharesByLevelV2Height()) ?
+					blockChain.getShareBinsByAccountLevelV2() : blockChain.getShareBinsByAccountLevelV1();
+
 			if (accountLevel > shareBinsByLevel.length)
 				return null;
 
@@ -1896,10 +1898,14 @@ public class Block {
 		final List<ExpandedAccount> onlineFounderAccounts = expandedAccounts.stream().filter(expandedAccount -> expandedAccount.isMinterFounder).collect(Collectors.toList());
 		final boolean haveFounders = !onlineFounderAccounts.isEmpty();
 
+		// Select the correct set of share bins based on block height
+		List<AccountLevelShareBin> accountLevelShareBinsForBlock = (this.blockData.getHeight() >= BlockChain.getInstance().getSharesByLevelV2Height()) ?
+				BlockChain.getInstance().getAccountLevelShareBinsV2() : BlockChain.getInstance().getAccountLevelShareBinsV1();
+
 		// Determine reward candidates based on account level
 		// This needs a deep copy, so the shares can be modified when tiers aren't activated yet
 		List<AccountLevelShareBin> accountLevelShareBins = new ArrayList<>();
-		for (AccountLevelShareBin accountLevelShareBin : BlockChain.getInstance().getAccountLevelShareBins()) {
+		for (AccountLevelShareBin accountLevelShareBin : accountLevelShareBinsForBlock) {
 			accountLevelShareBins.add((AccountLevelShareBin) accountLevelShareBin.clone());
 		}
 
diff --git a/src/main/java/org/qortal/block/BlockChain.java b/src/main/java/org/qortal/block/BlockChain.java
index 793c5210..a95af2b9 100644
--- a/src/main/java/org/qortal/block/BlockChain.java
+++ b/src/main/java/org/qortal/block/BlockChain.java
@@ -68,6 +68,7 @@ public class BlockChain {
 		atFindNextTransactionFix,
 		newBlockSigHeight,
 		shareBinFix,
+		sharesByLevelV2Height,
 		rewardShareLimitTimestamp,
 		calcChainWeightTimestamp,
 		transactionV5Timestamp,
@@ -122,9 +123,11 @@ public class BlockChain {
 			return shareBinCopy;
 		}
 	}
-	private List<AccountLevelShareBin> sharesByLevel;
+	private List<AccountLevelShareBin> sharesByLevelV1;
+	private List<AccountLevelShareBin> sharesByLevelV2;
 	/** Generated lookup of share-bin by account level */
-	private AccountLevelShareBin[] shareBinsByLevel;
+	private AccountLevelShareBin[] shareBinsByLevelV1;
+	private AccountLevelShareBin[] shareBinsByLevelV2;
 
 	/** Share of block reward/fees to legacy QORA coin holders, by block height */
 	public static class ShareByHeight {
@@ -370,12 +373,20 @@ public class BlockChain {
 		return this.rewardsByHeight;
 	}
 
-	public List<AccountLevelShareBin> getAccountLevelShareBins() {
-		return this.sharesByLevel;
+	public List<AccountLevelShareBin> getAccountLevelShareBinsV1() {
+		return this.sharesByLevelV1;
 	}
 
-	public AccountLevelShareBin[] getShareBinsByAccountLevel() {
-		return this.shareBinsByLevel;
+	public List<AccountLevelShareBin> getAccountLevelShareBinsV2() {
+		return this.sharesByLevelV2;
+	}
+
+	public AccountLevelShareBin[] getShareBinsByAccountLevelV1() {
+		return this.shareBinsByLevelV1;
+	}
+
+	public AccountLevelShareBin[] getShareBinsByAccountLevelV2() {
+		return this.shareBinsByLevelV2;
 	}
 
 	public List<Integer> getBlocksNeededByLevel() {
@@ -444,6 +455,10 @@ public class BlockChain {
 		return this.featureTriggers.get(FeatureTrigger.shareBinFix.name()).intValue();
 	}
 
+	public int getSharesByLevelV2Height() {
+		return this.featureTriggers.get(FeatureTrigger.sharesByLevelV2Height.name()).intValue();
+	}
+
 	public long getRewardShareLimitTimestamp() {
 		return this.featureTriggers.get(FeatureTrigger.rewardShareLimitTimestamp.name()).longValue();
 	}
@@ -521,8 +536,11 @@ public class BlockChain {
 		if (this.rewardsByHeight == null)
 			Settings.throwValidationError("No \"rewardsByHeight\" entry found in blockchain config");
 
-		if (this.sharesByLevel == null)
-			Settings.throwValidationError("No \"sharesByLevel\" entry found in blockchain config");
+		if (this.sharesByLevelV1 == null)
+			Settings.throwValidationError("No \"sharesByLevelV1\" entry found in blockchain config");
+
+		if (this.sharesByLevelV2 == null)
+			Settings.throwValidationError("No \"sharesByLevelV2\" entry found in blockchain config");
 
 		if (this.qoraHoldersShareByHeight == null)
 			Settings.throwValidationError("No \"qoraHoldersShareByHeight\" entry found in blockchain config");
@@ -562,13 +580,22 @@ public class BlockChain {
 			if (!this.featureTriggers.containsKey(featureTrigger.name()))
 				Settings.throwValidationError(String.format("Missing feature trigger \"%s\" in blockchain config", featureTrigger.name()));
 
-		// Check block reward share bounds
-		long totalShare = this.getQoraHoldersShareAtHeight(1);
+		// Check block reward share bounds (V1)
+		long totalShareV1 = this.qoraHoldersShareByHeight.get(0).share;
 		// Add share percents for account-level-based rewards
-		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevel)
-			totalShare += accountLevelShareBin.share;
+		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevelV1)
+			totalShareV1 += accountLevelShareBin.share;
 
-		if (totalShare < 0 || totalShare > 1_00000000L)
+		if (totalShareV1 < 0 || totalShareV1 > 1_00000000L)
+			Settings.throwValidationError("Total non-founder share out of bounds (0<x<1e8)");
+
+		// Check block reward share bounds (V2)
+		long totalShareV2 = this.qoraHoldersShareByHeight.get(1).share;
+		// Add share percents for account-level-based rewards
+		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevelV2)
+			totalShareV2 += accountLevelShareBin.share;
+
+		if (totalShareV2 < 0 || totalShareV2 > 1_00000000L)
 			Settings.throwValidationError("Total non-founder share out of bounds (0<x<1e8)");
 	}
 
@@ -584,20 +611,30 @@ public class BlockChain {
 				cumulativeBlocks += this.blocksNeededByLevel.get(level);
 		}
 
-		// Generate lookup-array for account-level share bins
-		AccountLevelShareBin lastAccountLevelShareBin = this.sharesByLevel.get(this.sharesByLevel.size() - 1);
-		final int lastLevel = lastAccountLevelShareBin.levels.get(lastAccountLevelShareBin.levels.size() - 1);
-		this.shareBinsByLevel = new AccountLevelShareBin[lastLevel];
-
-		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevel)
+		// Generate lookup-array for account-level share bins (V1)
+		AccountLevelShareBin lastAccountLevelShareBinV1 = this.sharesByLevelV1.get(this.sharesByLevelV1.size() - 1);
+		final int lastLevelV1 = lastAccountLevelShareBinV1.levels.get(lastAccountLevelShareBinV1.levels.size() - 1);
+		this.shareBinsByLevelV1 = new AccountLevelShareBin[lastLevelV1];
+		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevelV1)
 			for (int level : accountLevelShareBin.levels)
 				// level 1 stored at index 0, level 2 stored at index 1, etc.
 				// level 0 not allowed
-				this.shareBinsByLevel[level - 1] = accountLevelShareBin;
+				this.shareBinsByLevelV1[level - 1] = accountLevelShareBin;
+
+		// Generate lookup-array for account-level share bins (V2)
+		AccountLevelShareBin lastAccountLevelShareBinV2 = this.sharesByLevelV2.get(this.sharesByLevelV2.size() - 1);
+		final int lastLevelV2 = lastAccountLevelShareBinV2.levels.get(lastAccountLevelShareBinV2.levels.size() - 1);
+		this.shareBinsByLevelV2 = new AccountLevelShareBin[lastLevelV2];
+		for (AccountLevelShareBin accountLevelShareBin : this.sharesByLevelV2)
+			for (int level : accountLevelShareBin.levels)
+				// level 1 stored at index 0, level 2 stored at index 1, etc.
+				// level 0 not allowed
+				this.shareBinsByLevelV2[level - 1] = accountLevelShareBin;
 
 		// Convert collections to unmodifiable form
 		this.rewardsByHeight = Collections.unmodifiableList(this.rewardsByHeight);
-		this.sharesByLevel = Collections.unmodifiableList(this.sharesByLevel);
+		this.sharesByLevelV1 = Collections.unmodifiableList(this.sharesByLevelV1);
+		this.sharesByLevelV2 = Collections.unmodifiableList(this.sharesByLevelV2);
 		this.blocksNeededByLevel = Collections.unmodifiableList(this.blocksNeededByLevel);
 		this.cumulativeBlocksByLevel = Collections.unmodifiableList(this.cumulativeBlocksByLevel);
 		this.blockTimingsByHeight = Collections.unmodifiableList(this.blockTimingsByHeight);
diff --git a/src/main/resources/blockchain.json b/src/main/resources/blockchain.json
index 6d38ffef..b0336ce4 100644
--- a/src/main/resources/blockchain.json
+++ b/src/main/resources/blockchain.json
@@ -39,13 +39,20 @@
 		{ "height": 2851201, "reward": 2.25 },
 		{ "height": 3110401, "reward": 2.00 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 9999999, "share": 0.01 }
@@ -67,6 +74,7 @@
 		"atFindNextTransactionFix": 275000,
 		"newBlockSigHeight": 320000,
 		"shareBinFix": 399000,
+		"sharesByLevelV2Height": 9999999,
 		"rewardShareLimitTimestamp": 1657382400000,
 		"calcChainWeightTimestamp": 1620579600000,
 		"transactionV5Timestamp": 1642176000000,
diff --git a/src/test/java/org/qortal/test/minting/RewardTests.java b/src/test/java/org/qortal/test/minting/RewardTests.java
index 5e2e2463..1689db5b 100644
--- a/src/test/java/org/qortal/test/minting/RewardTests.java
+++ b/src/test/java/org/qortal/test/minting/RewardTests.java
@@ -192,7 +192,7 @@ public class RewardTests extends Common {
 
 	@Test
 	public void testLegacyQoraRewardReduction() throws DataException {
-		Common.useSettings("test-settings-v2-qora-holder-extremes.json");
+		Common.useSettings("test-settings-v2-qora-holder-reduction.json");
 
 		// Make sure that the QORA share reduces between blocks 4 and 5
 		assertTrue(BlockChain.getInstance().getQoraHoldersShareAtHeight(5) < BlockChain.getInstance().getQoraHoldersShareAtHeight(4));
@@ -1182,6 +1182,250 @@ public class RewardTests extends Common {
 		}
 	}
 
+	/** Test rewards for level 1 and 2 accounts with V2 share-bin layout (post QORA reduction) */
+	@Test
+	public void testLevel1And2RewardsShareBinsV2() throws DataException {
+		Common.useSettings("test-settings-v2-reward-levels.json");
+
+		try (final Repository repository = RepositoryManager.getRepository()) {
+
+			List<PrivateKeyAccount> mintingAndOnlineAccounts = new ArrayList<>();
+
+			// Alice self share online
+			PrivateKeyAccount aliceSelfShare = Common.getTestAccount(repository, "alice-reward-share");
+			mintingAndOnlineAccounts.add(aliceSelfShare);
+			byte[] chloeRewardSharePrivateKey;
+			// Bob self-share NOT online
+
+			// Mint some blocks, to get us close to the V2 activation, but with some room for Chloe and Dilbert to start minting some blocks
+			for (int i=0; i<990; i++)
+				BlockMinter.mintTestingBlock(repository, mintingAndOnlineAccounts.toArray(new PrivateKeyAccount[0]));
+
+			// Chloe self share comes online
+			try {
+				chloeRewardSharePrivateKey = AccountUtils.rewardShare(repository, "chloe", "chloe", 0);
+			} catch (IllegalArgumentException ex) {
+				LOGGER.error("FAILED {}", ex.getLocalizedMessage(), ex);
+				throw ex;
+			}
+			PrivateKeyAccount chloeRewardShareAccount = new PrivateKeyAccount(repository, chloeRewardSharePrivateKey);
+			mintingAndOnlineAccounts.add(chloeRewardShareAccount);
+
+			// Dilbert self share comes online
+			byte[] dilbertRewardSharePrivateKey = AccountUtils.rewardShare(repository, "dilbert", "dilbert", 0);
+			PrivateKeyAccount dilbertRewardShareAccount = new PrivateKeyAccount(repository, dilbertRewardSharePrivateKey);
+			mintingAndOnlineAccounts.add(dilbertRewardShareAccount);
+
+			// Mint 6 more blocks, so that V2 share bins are nearly activated
+			for (int i=0; i<6; i++)
+				BlockMinter.mintTestingBlock(repository, mintingAndOnlineAccounts.toArray(new PrivateKeyAccount[0]));
+
+			// Ensure that the levels are as we expect
+			assertEquals(10, (int) Common.getTestAccount(repository, "alice").getLevel());
+			assertEquals(1, (int) Common.getTestAccount(repository, "bob").getLevel());
+			assertEquals(1, (int) Common.getTestAccount(repository, "chloe").getLevel());
+			assertEquals(2, (int) Common.getTestAccount(repository, "dilbert").getLevel());
+
+			// Ensure that only Alice is a founder
+			assertEquals(1, getFlags(repository, "alice"));
+			assertEquals(0, getFlags(repository, "bob"));
+			assertEquals(0, getFlags(repository, "chloe"));
+			assertEquals(0, getFlags(repository, "dilbert"));
+
+			// Now that everyone is at level 1 or 2, we can capture initial balances
+			Map<String, Map<Long, Long>> initialBalances = AccountUtils.getBalances(repository, Asset.QORT, Asset.LEGACY_QORA, Asset.QORT_FROM_QORA);
+			final long aliceInitialBalance = initialBalances.get("alice").get(Asset.QORT);
+			final long bobInitialBalance = initialBalances.get("bob").get(Asset.QORT);
+			final long chloeInitialBalance = initialBalances.get("chloe").get(Asset.QORT);
+			final long dilbertInitialBalance = initialBalances.get("dilbert").get(Asset.QORT);
+
+			// Mint a block
+			final long blockReward = BlockUtils.getNextBlockReward(repository);
+			BlockMinter.mintTestingBlock(repository, mintingAndOnlineAccounts.toArray(new PrivateKeyAccount[0]));
+
+			// Ensure we are at the correct height and block reward value
+			assertEquals(1000, (int) repository.getBlockRepository().getLastBlock().getHeight());
+			assertEquals(100000000L, blockReward);
+
+			// We are past the sharesByLevelV2Height feature trigger, so we expect level 1 and 2 to share the increased reward (6%)
+			final int level1And2SharePercent = 6_00; // 6%
+			final long level1And2ShareAmount = (blockReward * level1And2SharePercent) / 100L / 100L;
+			final long expectedLevel1And2RewardV2 = level1And2ShareAmount / 2; // The reward is split between Chloe and Dilbert
+			final long expectedFounderRewardV2 = blockReward - level1And2ShareAmount; // Alice should receive the remainder
+
+			// Validate the balances
+			assertEquals(6000000, level1And2ShareAmount);
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance+expectedFounderRewardV2);
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			AccountUtils.assertBalance(repository, "chloe", Asset.QORT, chloeInitialBalance+expectedLevel1And2RewardV2);
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance+expectedLevel1And2RewardV2);
+
+			// Now orphan the latest block. This brings us to the threshold of the sharesByLevelV2Height feature trigger
+			BlockUtils.orphanBlocks(repository, 1);
+			assertEquals(999, (int) repository.getBlockRepository().getLastBlock().getHeight());
+
+			// Ensure the latest block rewards have been subtracted and they have returned to their initial values
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance);
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			AccountUtils.assertBalance(repository, "chloe", Asset.QORT, chloeInitialBalance);
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance);
+
+			// Orphan another block. This time, the block that was orphaned was prior to the sharesByLevelV2Height feature trigger.
+			BlockUtils.orphanBlocks(repository, 1);
+			assertEquals(998, (int) repository.getBlockRepository().getLastBlock().getHeight());
+
+			// In V1 of share-bins, level 1-2 pays out 5% instead of 6%
+			final int level1And2SharePercentV1 = 5_00; // 5%
+			final long level1And2ShareAmountV1 = (blockReward * level1And2SharePercentV1) / 100L / 100L;
+			final long expectedLevel1And2RewardV1 = level1And2ShareAmountV1 / 2; // The reward is split between Chloe and Dilbert
+			final long expectedFounderRewardV1 = blockReward - level1And2ShareAmountV1; // Alice should receive the remainder
+
+			// Validate the share amounts and balances
+			assertEquals(5000000, level1And2ShareAmountV1);
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance-expectedFounderRewardV1);
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			AccountUtils.assertBalance(repository, "chloe", Asset.QORT, chloeInitialBalance-expectedLevel1And2RewardV1);
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance-expectedLevel1And2RewardV1);
+
+			// Orphan the latest block one last time
+			BlockUtils.orphanBlocks(repository, 1);
+			assertEquals(997, (int) repository.getBlockRepository().getLastBlock().getHeight());
+
+			// Validate balances
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance-(expectedFounderRewardV1*2));
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			AccountUtils.assertBalance(repository, "chloe", Asset.QORT, chloeInitialBalance-(expectedLevel1And2RewardV1*2));
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance-(expectedLevel1And2RewardV1*2));
+
+		}
+	}
+
+	/** Test rewards for level 1 and 2 accounts with V2 share-bin layout (post QORA reduction)
+	 * plus some legacy QORA holders */
+	@Test
+	public void testLevel1And2RewardsShareBinsV2WithQoraHolders() throws DataException {
+		Common.useSettings("test-settings-v2-qora-holder-extremes.json");
+
+		try (final Repository repository = RepositoryManager.getRepository()) {
+
+			List<PrivateKeyAccount> mintingAndOnlineAccounts = new ArrayList<>();
+
+			// Some legacy QORA holders exist (Bob and Chloe)
+
+			// Alice self share online
+			PrivateKeyAccount aliceSelfShare = Common.getTestAccount(repository, "alice-reward-share");
+			mintingAndOnlineAccounts.add(aliceSelfShare);
+			byte[] chloeRewardSharePrivateKey;
+			// Bob self-share NOT online
+
+			// Mint some blocks, to get us close to the V2 activation, but with some room for Chloe and Dilbert to start minting some blocks
+			for (int i=0; i<990; i++)
+				BlockMinter.mintTestingBlock(repository, mintingAndOnlineAccounts.toArray(new PrivateKeyAccount[0]));
+
+			// Chloe self share comes online
+			try {
+				chloeRewardSharePrivateKey = AccountUtils.rewardShare(repository, "chloe", "chloe", 0);
+			} catch (IllegalArgumentException ex) {
+				LOGGER.error("FAILED {}", ex.getLocalizedMessage(), ex);
+				throw ex;
+			}
+			PrivateKeyAccount chloeRewardShareAccount = new PrivateKeyAccount(repository, chloeRewardSharePrivateKey);
+			mintingAndOnlineAccounts.add(chloeRewardShareAccount);
+
+			// Dilbert self share comes online
+			byte[] dilbertRewardSharePrivateKey = AccountUtils.rewardShare(repository, "dilbert", "dilbert", 0);
+			PrivateKeyAccount dilbertRewardShareAccount = new PrivateKeyAccount(repository, dilbertRewardSharePrivateKey);
+			mintingAndOnlineAccounts.add(dilbertRewardShareAccount);
+
+			// Mint 6 more blocks, so that V2 share bins are nearly activated
+			for (int i=0; i<6; i++)
+				BlockMinter.mintTestingBlock(repository, mintingAndOnlineAccounts.toArray(new PrivateKeyAccount[0]));
+
+			// Ensure that the levels are as we expect
+			assertEquals(10, (int) Common.getTestAccount(repository, "alice").getLevel());
+			assertEquals(1, (int) Common.getTestAccount(repository, "bob").getLevel());
+			assertEquals(1, (int) Common.getTestAccount(repository, "chloe").getLevel());
+			assertEquals(2, (int) Common.getTestAccount(repository, "dilbert").getLevel());
+
+			// Ensure that only Alice is a founder
+			assertEquals(1, getFlags(repository, "alice"));
+			assertEquals(0, getFlags(repository, "bob"));
+			assertEquals(0, getFlags(repository, "chloe"));
+			assertEquals(0, getFlags(repository, "dilbert"));
+
+			// Now that everyone is at level 1 or 2, we can capture initial balances
+			Map<String, Map<Long, Long>> initialBalances = AccountUtils.getBalances(repository, Asset.QORT, Asset.LEGACY_QORA, Asset.QORT_FROM_QORA);
+			final long aliceInitialBalance = initialBalances.get("alice").get(Asset.QORT);
+			final long bobInitialBalance = initialBalances.get("bob").get(Asset.QORT);
+			final long chloeInitialBalance = initialBalances.get("chloe").get(Asset.QORT);
+			final long dilbertInitialBalance = initialBalances.get("dilbert").get(Asset.QORT);
+
+			// Mint a block
+			final long blockReward = BlockUtils.getNextBlockReward(repository);
+			BlockMinter.mintTestingBlock(repository, mintingAndOnlineAccounts.toArray(new PrivateKeyAccount[0]));
+
+			// Ensure we are at the correct height and block reward value
+			assertEquals(1000, (int) repository.getBlockRepository().getLastBlock().getHeight());
+			assertEquals(100000000L, blockReward);
+
+			// We are past the sharesByLevelV2Height feature trigger, so we expect level 1 and 2 to share the increased reward (6%)
+			// and the QORA share will be 1%
+			final int level1And2SharePercent = 6_00; // 6%
+			final int qoraSharePercentV2 = 1_00; // 1%
+			final long qoraShareAmountV2 = (blockReward * qoraSharePercentV2) / 100L / 100L;
+			final long level1And2ShareAmount = (blockReward * level1And2SharePercent) / 100L / 100L;
+			final long expectedLevel1And2RewardV2 = level1And2ShareAmount / 2; // The reward is split between Chloe and Dilbert
+			final long expectedFounderRewardV2 = blockReward - level1And2ShareAmount - qoraShareAmountV2; // Alice should receive the remainder
+
+			// Validate the balances
+			assertEquals(6000000, level1And2ShareAmount);
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance+expectedFounderRewardV2);
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			// Chloe is a QORA holder and will receive additional QORT, so it's not easy to pre-calculate her balance
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance+expectedLevel1And2RewardV2);
+
+			// Now orphan the latest block. This brings us to the threshold of the sharesByLevelV2Height feature trigger
+			BlockUtils.orphanBlocks(repository, 1);
+			assertEquals(999, (int) repository.getBlockRepository().getLastBlock().getHeight());
+
+			// Ensure the latest block rewards have been subtracted and they have returned to their initial values
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance);
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			AccountUtils.assertBalance(repository, "chloe", Asset.QORT, chloeInitialBalance);
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance);
+
+			// Orphan another block. This time, the block that was orphaned was prior to the sharesByLevelV2Height feature trigger.
+			BlockUtils.orphanBlocks(repository, 1);
+			assertEquals(998, (int) repository.getBlockRepository().getLastBlock().getHeight());
+
+			// In V1 of share-bins, level 1-2 pays out 5% instead of 6%, and the QORA share is higher at 20%
+			final int level1And2SharePercentV1 = 5_00; // 5%
+			final int qoraSharePercentV1 = 20_00; // 20%
+			final long qoraShareAmountV1 = (blockReward * qoraSharePercentV1) / 100L / 100L;
+			final long level1And2ShareAmountV1 = (blockReward * level1And2SharePercentV1) / 100L / 100L;
+			final long expectedLevel1And2RewardV1 = level1And2ShareAmountV1 / 2; // The reward is split between Chloe and Dilbert
+			final long expectedFounderRewardV1 = blockReward - level1And2ShareAmountV1 - qoraShareAmountV1; // Alice should receive the remainder
+
+			// Validate the share amounts and balances
+			assertEquals(5000000, level1And2ShareAmountV1);
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance-expectedFounderRewardV1);
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			// Chloe is a QORA holder and will receive additional QORT, so it's not easy to pre-calculate her balance
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance-expectedLevel1And2RewardV1);
+
+			// Orphan the latest block one last time
+			BlockUtils.orphanBlocks(repository, 1);
+			assertEquals(997, (int) repository.getBlockRepository().getLastBlock().getHeight());
+
+			// Validate balances
+			AccountUtils.assertBalance(repository, "alice", Asset.QORT, aliceInitialBalance-(expectedFounderRewardV1*2));
+			AccountUtils.assertBalance(repository, "bob", Asset.QORT, bobInitialBalance); // Bob not online so his balance remains the same
+			// Chloe is a QORA holder and will receive additional QORT, so it's not easy to pre-calculate her balance
+			AccountUtils.assertBalance(repository, "dilbert", Asset.QORT, dilbertInitialBalance-(expectedLevel1And2RewardV1*2));
+
+		}
+	}
+
 
 	private int getFlags(Repository repository, String name) throws DataException {
 		TestAccount testAccount = Common.getTestAccount(repository, name);
diff --git a/src/test/resources/test-chain-v2-block-timestamps.json b/src/test/resources/test-chain-v2-block-timestamps.json
index d041463f..e073f1b2 100644
--- a/src/test/resources/test-chain-v2-block-timestamps.json
+++ b/src/test/resources/test-chain-v2-block-timestamps.json
@@ -19,13 +19,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -57,6 +64,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-disable-reference.json b/src/test/resources/test-chain-v2-disable-reference.json
index 8a4a58cc..a151c5c1 100644
--- a/src/test/resources/test-chain-v2-disable-reference.json
+++ b/src/test/resources/test-chain-v2-disable-reference.json
@@ -23,13 +23,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -60,6 +67,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-founder-rewards.json b/src/test/resources/test-chain-v2-founder-rewards.json
index e8f1e52b..b6db1b0c 100644
--- a/src/test/resources/test-chain-v2-founder-rewards.json
+++ b/src/test/resources/test-chain-v2-founder-rewards.json
@@ -24,13 +24,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-leftover-reward.json b/src/test/resources/test-chain-v2-leftover-reward.json
index 233f6aa0..730cf35e 100644
--- a/src/test/resources/test-chain-v2-leftover-reward.json
+++ b/src/test/resources/test-chain-v2-leftover-reward.json
@@ -24,13 +24,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-minting.json b/src/test/resources/test-chain-v2-minting.json
index b1a25e86..2080beb7 100644
--- a/src/test/resources/test-chain-v2-minting.json
+++ b/src/test/resources/test-chain-v2-minting.json
@@ -24,13 +24,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-no-sig-agg.json b/src/test/resources/test-chain-v2-no-sig-agg.json
index 71e1cc3d..b671d8f5 100644
--- a/src/test/resources/test-chain-v2-no-sig-agg.json
+++ b/src/test/resources/test-chain-v2-no-sig-agg.json
@@ -20,12 +20,19 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
-		{ "levels": [ 1, 2 ], "share": 0.05 },
-		{ "levels": [ 3, 4 ], "share": 0.10 },
-		{ "levels": [ 5, 6 ], "share": 0.15 },
-		{ "levels": [ 7, 8 ], "share": 0.20 },
-		{ "levels": [ 9, 10 ], "share": 0.25 }
+	"sharesByLevelV1": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
+	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
 	],
 	"qoraHoldersShare": 0.20,
 	"qoraPerQortReward": 250,
@@ -52,6 +59,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-qora-holder-extremes.json b/src/test/resources/test-chain-v2-qora-holder-extremes.json
index a3bd1921..d90635f8 100644
--- a/src/test/resources/test-chain-v2-qora-holder-extremes.json
+++ b/src/test/resources/test-chain-v2-qora-holder-extremes.json
@@ -24,16 +24,23 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
-		{ "height": 5, "share": 0.01 }
+		{ "height": 1000, "share": 0.01 }
 	],
 	"qoraPerQortReward": 250,
 	"minAccountsToActivateShareBin": 30,
@@ -60,7 +67,8 @@
 		"groupApprovalTimestamp": 0,
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
-		"shareBinFix": 999999,
+		"shareBinFix": 0,
+		"sharesByLevelV2Height": 1000,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
@@ -93,7 +101,10 @@
 			{ "type": "ACCOUNT_FLAGS", "target": "QgV4s3xnzLhVBEJxcYui4u4q11yhUHsd9v", "andMask": -1, "orMask": 1, "xorMask": 0 },
 			{ "type": "REWARD_SHARE", "minterPublicKey": "2tiMr5LTpaWCgbRvkPK8TFd7k63DyHJMMFFsz9uBf1ZP", "recipient": "QgV4s3xnzLhVBEJxcYui4u4q11yhUHsd9v", "rewardSharePublicKey": "7PpfnvLSG7y4HPh8hE7KoqAjLCkv7Ui6xw4mKAkbZtox", "sharePercent": 100 },
 
-			{ "type": "ACCOUNT_LEVEL", "target": "Qci5m9k4rcwe4ruKrZZQKka4FzUUMut3er", "level": 8 }
+			{ "type": "ACCOUNT_LEVEL", "target": "QgV4s3xnzLhVBEJxcYui4u4q11yhUHsd9v", "level": 1 },
+			{ "type": "ACCOUNT_LEVEL", "target": "Qci5m9k4rcwe4ruKrZZQKka4FzUUMut3er", "level": 2 },
+			{ "type": "ACCOUNT_LEVEL", "target": "QixPbJUwsaHsVEofJdozU9zgVqkK6aYhrK", "level": 1 },
+			{ "type": "ACCOUNT_LEVEL", "target": "QaUpHNhT3Ygx6avRiKobuLdusppR5biXjL", "level": 1 }
 		]
 	}
 }
diff --git a/src/test/resources/test-chain-v2-qora-holder-reduction.json b/src/test/resources/test-chain-v2-qora-holder-reduction.json
new file mode 100644
index 00000000..75858057
--- /dev/null
+++ b/src/test/resources/test-chain-v2-qora-holder-reduction.json
@@ -0,0 +1,107 @@
+{
+	"isTestChain": true,
+	"blockTimestampMargin": 500,
+	"transactionExpiryPeriod": 86400000,
+	"maxBlockSize": 2097152,
+	"maxBytesPerUnitFee": 1024,
+	"unitFee": "0.1",
+	"nameRegistrationUnitFees": [
+		{ "timestamp": 1645372800000, "fee": "5" }
+	],
+	"requireGroupForApproval": false,
+	"minAccountLevelToRewardShare": 5,
+	"maxRewardSharesPerFounderMintingAccount": 6,
+	"maxRewardSharesByTimestamp": [
+		{ "timestamp": 0, "maxShares": 6 },
+		{ "timestamp": 9999999999999, "maxShares": 3 }
+	],
+	"founderEffectiveMintingLevel": 10,
+	"onlineAccountSignaturesMinLifetime": 3600000,
+	"onlineAccountSignaturesMaxLifetime": 86400000,
+	"onlineAccountsModulusV2Timestamp": 9999999999999,
+	"rewardsByHeight": [
+		{ "height": 1, "reward": 100 },
+		{ "height": 11, "reward": 10 },
+		{ "height": 21, "reward": 1 }
+	],
+	"sharesByLevelV1": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
+	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
+	"qoraHoldersShareByHeight": [
+		{ "height": 1, "share": 0.20 },
+		{ "height": 5, "share": 0.01 }
+	],
+	"qoraPerQortReward": 250,
+	"minAccountsToActivateShareBin": 30,
+	"shareBinActivationMinLevel": 7,
+	"blocksNeededByLevel": [ 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 ],
+	"blockTimingsByHeight": [
+		{ "height": 1, "target": 60000, "deviation": 30000, "power": 0.2 }
+	],
+	"ciyamAtSettings": {
+		"feePerStep": "0.0001",
+		"maxStepsPerRound": 500,
+		"stepsPerFunctionCall": 10,
+		"minutesPerBlock": 1
+	},
+	"featureTriggers": {
+		"messageHeight": 0,
+		"atHeight": 0,
+		"assetsTimestamp": 0,
+		"votingTimestamp": 0,
+		"arbitraryTimestamp": 0,
+		"powfixTimestamp": 0,
+		"qortalTimestamp": 0,
+		"newAssetPricingTimestamp": 0,
+		"groupApprovalTimestamp": 0,
+		"atFindNextTransactionFix": 0,
+		"newBlockSigHeight": 999999,
+		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 5,
+		"rewardShareLimitTimestamp": 9999999999999,
+		"calcChainWeightTimestamp": 0,
+		"transactionV5Timestamp": 0,
+		"transactionV6Timestamp": 0,
+		"disableReferenceTimestamp": 9999999999999,
+		"aggregateSignatureTimestamp": 0
+	},
+	"genesisInfo": {
+		"version": 4,
+		"timestamp": 0,
+		"transactions": [
+			{ "type": "ISSUE_ASSET", "assetName": "QORT", "description": "QORT native coin", "data": "", "quantity": 0, "isDivisible": true, "fee": 0 },
+			{ "type": "ISSUE_ASSET", "assetName": "Legacy-QORA", "description": "Representative legacy QORA", "quantity": 0, "isDivisible": true, "data": "{}", "isUnspendable": true },
+			{ "type": "ISSUE_ASSET", "assetName": "QORT-from-QORA", "description": "QORT gained from holding legacy QORA", "quantity": 0, "isDivisible": true, "data": "{}", "isUnspendable": true },
+
+			{ "type": "GENESIS", "recipient": "QgV4s3xnzLhVBEJxcYui4u4q11yhUHsd9v", "amount": "1000000000" },
+			{ "type": "GENESIS", "recipient": "QixPbJUwsaHsVEofJdozU9zgVqkK6aYhrK", "amount": "1000000" },
+			{ "type": "GENESIS", "recipient": "QaUpHNhT3Ygx6avRiKobuLdusppR5biXjL", "amount": "1000000" },
+			{ "type": "GENESIS", "recipient": "Qci5m9k4rcwe4ruKrZZQKka4FzUUMut3er", "amount": "1000000" },
+
+			{ "type": "GENESIS", "recipient": "QaUpHNhT3Ygx6avRiKobuLdusppR5biXjL", "amount": "637557960.49687541", "assetId": 1 },
+			{ "type": "GENESIS", "recipient": "Qci5m9k4rcwe4ruKrZZQKka4FzUUMut3er", "amount": "0.666", "assetId": 1 },
+
+			{ "type": "CREATE_GROUP", "creatorPublicKey": "2tiMr5LTpaWCgbRvkPK8TFd7k63DyHJMMFFsz9uBf1ZP", "groupName": "dev-group", "description": "developer group", "isOpen": false, "approvalThreshold": "PCT100", "minimumBlockDelay": 0, "maximumBlockDelay": 1440 },
+
+			{ "type": "ISSUE_ASSET", "issuerPublicKey": "2tiMr5LTpaWCgbRvkPK8TFd7k63DyHJMMFFsz9uBf1ZP", "assetName": "TEST", "description": "test asset", "data": "", "quantity": 1000000, "isDivisible": true, "fee": 0 },
+			{ "type": "ISSUE_ASSET", "issuerPublicKey": "C6wuddsBV3HzRrXUtezE7P5MoRXp5m3mEDokRDGZB6ry", "assetName": "OTHER", "description": "other test asset", "data": "", "quantity": 1000000, "isDivisible": true, "fee": 0 },
+			{ "type": "ISSUE_ASSET", "issuerPublicKey": "2tiMr5LTpaWCgbRvkPK8TFd7k63DyHJMMFFsz9uBf1ZP", "assetName": "GOLD", "description": "gold test asset", "data": "", "quantity": 1000000, "isDivisible": true, "fee": 0 },
+
+			{ "type": "ACCOUNT_FLAGS", "target": "QgV4s3xnzLhVBEJxcYui4u4q11yhUHsd9v", "andMask": -1, "orMask": 1, "xorMask": 0 },
+			{ "type": "REWARD_SHARE", "minterPublicKey": "2tiMr5LTpaWCgbRvkPK8TFd7k63DyHJMMFFsz9uBf1ZP", "recipient": "QgV4s3xnzLhVBEJxcYui4u4q11yhUHsd9v", "rewardSharePublicKey": "7PpfnvLSG7y4HPh8hE7KoqAjLCkv7Ui6xw4mKAkbZtox", "sharePercent": 100 },
+
+			{ "type": "ACCOUNT_LEVEL", "target": "Qci5m9k4rcwe4ruKrZZQKka4FzUUMut3er", "level": 8 }
+		]
+	}
+}
diff --git a/src/test/resources/test-chain-v2-qora-holder.json b/src/test/resources/test-chain-v2-qora-holder.json
index 76d10b0d..14712dae 100644
--- a/src/test/resources/test-chain-v2-qora-holder.json
+++ b/src/test/resources/test-chain-v2-qora-holder.json
@@ -24,13 +24,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 1000,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-reward-levels.json b/src/test/resources/test-chain-v2-reward-levels.json
index 5434345d..31390285 100644
--- a/src/test/resources/test-chain-v2-reward-levels.json
+++ b/src/test/resources/test-chain-v2-reward-levels.json
@@ -24,16 +24,23 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
-		{ "height": 1000000, "share": 0.01 }
+		{ "height": 1000, "share": 0.01 }
 	],
 	"qoraPerQortReward": 250,
 	"minAccountsToActivateShareBin": 1,
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 6,
+		"sharesByLevelV2Height": 1000,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-reward-scaling.json b/src/test/resources/test-chain-v2-reward-scaling.json
index 97736e7e..b02207a6 100644
--- a/src/test/resources/test-chain-v2-reward-scaling.json
+++ b/src/test/resources/test-chain-v2-reward-scaling.json
@@ -24,13 +24,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-chain-v2-reward-shares.json b/src/test/resources/test-chain-v2-reward-shares.json
index 74ce003c..dd86e03d 100644
--- a/src/test/resources/test-chain-v2-reward-shares.json
+++ b/src/test/resources/test-chain-v2-reward-shares.json
@@ -23,13 +23,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -60,6 +67,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 0,
 		"calcChainWeightTimestamp": 0,
 		"newConsensusTimestamp": 0,
diff --git a/src/test/resources/test-chain-v2.json b/src/test/resources/test-chain-v2.json
index 138dd5d9..7f58fc11 100644
--- a/src/test/resources/test-chain-v2.json
+++ b/src/test/resources/test-chain-v2.json
@@ -24,13 +24,20 @@
 		{ "height": 11, "reward": 10 },
 		{ "height": 21, "reward": 1 }
 	],
-	"sharesByLevel": [
+	"sharesByLevelV1": [
 		{ "id": 1, "levels": [ 1, 2 ], "share": 0.05 },
 		{ "id": 2, "levels": [ 3, 4 ], "share": 0.10 },
 		{ "id": 3, "levels": [ 5, 6 ], "share": 0.15 },
 		{ "id": 4, "levels": [ 7, 8 ], "share": 0.20 },
 		{ "id": 5, "levels": [ 9, 10 ], "share": 0.25 }
 	],
+	"sharesByLevelV2": [
+		{ "id": 1, "levels": [ 1, 2 ], "share": 0.06 },
+		{ "id": 2, "levels": [ 3, 4 ], "share": 0.13 },
+		{ "id": 3, "levels": [ 5, 6 ], "share": 0.19 },
+		{ "id": 4, "levels": [ 7, 8 ], "share": 0.26 },
+		{ "id": 5, "levels": [ 9, 10 ], "share": 0.32 }
+	],
 	"qoraHoldersShareByHeight": [
 		{ "height": 1, "share": 0.20 },
 		{ "height": 1000000, "share": 0.01 }
@@ -61,6 +68,7 @@
 		"atFindNextTransactionFix": 0,
 		"newBlockSigHeight": 999999,
 		"shareBinFix": 999999,
+		"sharesByLevelV2Height": 999999,
 		"rewardShareLimitTimestamp": 9999999999999,
 		"calcChainWeightTimestamp": 0,
 		"transactionV5Timestamp": 0,
diff --git a/src/test/resources/test-settings-v2-qora-holder-reduction.json b/src/test/resources/test-settings-v2-qora-holder-reduction.json
new file mode 100644
index 00000000..a489cc12
--- /dev/null
+++ b/src/test/resources/test-settings-v2-qora-holder-reduction.json
@@ -0,0 +1,11 @@
+{
+  "repositoryPath": "testdb",
+  "restrictedApi": false,
+  "blockchainConfig": "src/test/resources/test-chain-v2-qora-holder-reduction.json",
+  "exportPath": "qortal-backup-test",
+  "bootstrap": false,
+  "wipeUnconfirmedOnStart": false,
+  "testNtpOffset": 0,
+  "minPeers": 0,
+  "pruneBlockLimit": 100
+}