diff --git a/x/iro/keeper/invariants.go b/x/iro/keeper/invariants.go
index a2d0b85fd..d742dd524 100644
--- a/x/iro/keeper/invariants.go
+++ b/x/iro/keeper/invariants.go
@@ -97,13 +97,13 @@ func InvariantAccounting(k Keeper) uinv.Func {
 				// module should have no more IRO
 				iroBalance := k.BK.GetBalance(ctx, k.AK.GetModuleAddress(types.ModuleName), plan.GetIRODenom())
 				if !iroBalance.IsZero() {
-					errs = append(errs, fmt.Errorf("iro tokens left: planID: %d, balance: %s", plan.Id, iroBalance))
+					errs = append(errs, fmt.Errorf("iro tokens left in settled: planID: %d, balance: %s", plan.Id, iroBalance))
 				}
 
 				// plan should have no more dym
 				dymBalance := k.BK.GetBalance(ctx, plan.GetAddress(), appparams.BaseDenom)
 				if !dymBalance.IsZero() {
-					errs = append(errs, fmt.Errorf("dym tokens left: planID: %d, balance: %s", plan.Id, dymBalance))
+					errs = append(errs, fmt.Errorf("dym tokens left in settled: planID: %d, balance: %s", plan.Id, dymBalance))
 				}
 			}